Categories: Business

As Brexit nears, UK’s Johnson pushes for deeper trade ties with Africa

The United Kingdom is positioning itself to be the ‘investment partner of choice’ for Africa, holding a summit with leaders of 21 African countries on Monday, days before it leaves the European Union (EU).
Britain’s prime minister, Boris Johnson, who secured the country’s January 31st departure from the EU trading bloc is determined to enter into new agreements with other countries.
British companies run several projects on the African continent including smart street lighting in Nigeria and environmentally friendly breweries in Kenya. They have reportedly signed deals worth more than $7.8 billion ahead of Monday’s summit.
The UK government says it has signed 11 trade agreements with African countries, and is expected to unveil a new strategy for development in Africa, focusing on infrastructure and trade.
The Department for International Development says it is now focusing on digital technologies, green energy and women entrepreneurs.

Albert Echetah

Recent Posts

Iconic Music Star Wizkid’s Documentary to premiere on ‘Tribeca Film Festival 2025’

Art has the potential to take the talents from any regions across the globe, and this world has witnessed one…

April 17, 2025

WhatsApp Dropping Support for Old Phones: What Users Need to Know for 2025

Thousand of users worldwide face a discontinuation of WhatsApp services on older Android versions as Meta has officially announced this…

April 17, 2025

KZN Weather Warning: Floods and Snowfall Over Easter Weekend

Disaster teams in KwaZulu-Natal stand ready to respond to persistent rainfall while drivers should approach roads with care. According to…

April 16, 2025

Starlink Now in 20+ African Countries, But Still Not in South Africa

Starlink the satellite internet company by Elon Musk is growing fast in Africa. It now works in more than 20…

April 16, 2025

Chinese Suppliers Expose Luxury Brands’ Markup Over Escalating Trade War

Chinese production companies directly offer their luxury products at wholesale rates online because they were created for luxury retailers. Social…

April 15, 2025

Young Talent Steps Up as South Africa Names Women’s Squad for Sri Lanka Tri-Series

Cricket South Africa reveals a new ODI squad for 2023 competitions as Proteas women's team and presents fresh players alongside…

April 14, 2025

This website uses cookies.