Nigeria accounts for 20% of France's trade in sub-Saharan Africa

Nigeria accounts for 20% of France's trade in sub-Saharan Africa

Director General of the Franco-Nigerian Chamber of Commerce and Industry (FNCCI), Mr. Moses Umoru, has said Nigeria accounts for around 20% of France’s trade with sub-Saharan Africa.

He stated that Nigeria is France’s leading trading partner in sub-Saharan Africa and the fourth-largest in Africa, behind Morocco, Algeria, and Tunisia.

In a recent chat with The Guardian on the significance of the French Week 2024 held in Lagos from the 8th–15th of November, Umoru stated that France has continued to play a strategic role in Nigeria’s development, with its business presence totaling over 100 companies and contributing to over 10,000 direct jobs.

He recounted that French companies like TotalEnergies continue to expand their investment in the energy sector with their recent drive to invest $6 billion (around €5.5 billion) over several years in Nigeria’s energy industry, particularly in gas and…
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