Africa good place for investments, Tinubu tells Chinese investors

President Bola Ahmed Tinubu has said Africa holds vast opportunities for investments, growth and development with its population, productive economy and natural resources.

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

He said, “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.”

President Tinubu also called for a strategic focus on areas of collaboration that will ensure the relationship remains mutually beneficial.

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“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,” Tinubu stated.

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