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Overview

Guinean Envoy Woos Nigerian Businesses With $20 Billion Mega Projects

The Republic of Guinea is inviting Nigerian businesses to participate in a series of ongoing mega projects worth an estimated $20bn. The call was made by the Guinean Ambassador to Nigeria, Siaka Cissoko, while speaking with journalists at the Guinean Embassy in Abuja, on Sunday.

Cissoko urged Nigerian companies to explore sectors where they have expertise and a competitive edge, highlighting the opportunities available in Guinea’s development initiatives. He underscored the potential for collaboration between the two West African nations, particularly in mining and infrastructure. Serving Happiness For 57 Years: The Story of Lagos' 75-Year-Old

“As I speak to you, there is an ongoing mega multibillion-dollar project in Guinea, about $20bn that could be handled by Nigerian companies,” the ambassador stated. He noted that many Guinean entrepreneurs often travel to countries such as India and Pakistan in search of smaller-scale investments ranging from $5 million to $10m, which, he said, are also available in Nigeria but remain untapped due to a lack of information. Cissoko stressed that both Guinea and Nigeria are rich in mineral resources and could benefit from stronger economic cooperation in the mining sector.

More: https://punchng.com/guinea-invites-nigerian-businesses-to-invest-in-20bn-mega-projects/