Tanzania strengthens trade relations with Nigeria

The Tanzania High Commission in Nigeria has stated his country is dedicated to strengthening trade and bilateral ties with Nigeria and other West African nations following the recently held Lagos International Trade Fair.

In a statement, the acting High Commissioner of the United Republic of Tanzania to Nigeria, Judica Nagunwa, said Tanzania’s participation in the trade fair which was concluded on November 10 at Tafawa Balewa Square, Lagos, underscores its diplomacy.

Nagunwa was represented by Economic Affairs Officer Edna Sylvester, who emphasised the High Commission’s active role in promoting Tanzania’s economic interests across the continent.

“As part of our economic diplomacy efforts, we participate in international trade fairs to showcase Tanzanian products.

Here, we are exhibiting coffee, tea, spices, wine, leather products, and much more,” Nagunwa said.

“We hope to engage potential Nigerian importers interested in sourcing these products from Tanzania. This effort aligns with the AfCFTA Protocols, which encourage intra-African trade. African countries must trade amongst ourselves, as we have all that we need.”

Nagunwa also highlighted the High Commission’s mission to educate Nigerian businesses and investors about Tanzania’s investment and tourism opportunities.

She explained, “We are here to answer questions and provide information about investment prospects, tourism, and visa application processes for those interested in visiting Tanzania.

“We want to ensure that everyone understands what Tanzania has to offer.”

Tanzania is an East African country positioned along the Indian Ocean, serving as a gateway to East and Central Africa, including several landlocked countries, according to the high commission.

The commission added Tanzania’s sectors, particularly mining, agriculture, tourism, real estate, manufacturing, and the blue economy, are open for investment, backed by a business-friendly legal environment.

“We invite Nigerian investors to explore these opportunities. Tanzania’s location and investment-friendly policies make it a prime destination for businesses aiming to expand into East Africa,” Nagunwa added.