Cape Town - Trade and Industry Minister Rob Davies will
address the international investment forum in Nigeria on Thursday, his
department said.
The visit to Lagos was part of efforts to transform the
continental economy from resource-dependent to a diversified and industrial
one.
"The continent will not harness its comparative
advantage of utilising natural resources as a cornerstone of industrial
development, converting comparative advantages into competitiveness, without
adequate energy and other infrastructure," Davies said in a statement.
Davies' visit would also strengthen trade ties following the
signing of a memorandum of understanding in May.
The economic co-operation agreement included areas such as
mineral beneficiation, agro-processing, pharmaceuticals, and infrastructure
development.
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