FOCAC: Africa presents significant investment opportunities – ECOWAS Chairman

The Chairman of the Economic Community of West African States (ECOWAS) and Nigerian President, Bola Ahmed Tinubu says Africa presents significant opportunities for investment, growth, and development following its dynamic population, productive economy, and natural resources.

Speaking at a bilateral meeting on Wednesday in Beijing, China, with Chinese Premier Li Qiang, President Tinubu commended the role of the Forum on China-Africa Cooperation (FOCAC) in advancing partnership between Africa and China for mutual development and prosperity.

‘The African spirit for FOCAC is based upon mutual respect and partnership that promotes development, happiness, peace, and stability for our people. We are on this journey together. We believe that we share common interests, which are investments and development.

‘For me, as a Nigerian and as Chairman of ECOWAS, I am happy that the strategic partnership being promoted is acceptable to both sides and this is the way to go,’ the ECOWAS Chairman said.

President Tinubu al
so called for a strategic focus on areas of collaboration that would ensure the relationship remains mutually beneficial.

‘Africa is a huge opportunity for economic development. As great people, we are willing to partner for progress and development. What is most important will be the focus of FOCAC in areas on which we can collaborate to make the relationship mutually beneficial to all of us,’ President Tinubu stated.

The President, who is in Beijing for the ninth FOCAC, expressed his appreciation for the warm reception extended to him and his delegation by the Chinese government.

‘I thank you for receiving us warmly. I am happy, despite the jetlag; we were well received and we are ready to move the ball,’ the President concluded.

The Premier said China is ready to work with Nigeria to deliver on the mutual understanding reached by President Xi Jinping and President Tinubu under the recently established comprehensive strategic partnership between the two countries.

Source: Voice of Nigeria