Nigeria is Africa’s largest economy, with a population of over 200 million. The country is rich in oil and gas but is also diversifying into agriculture, manufacturing, and services to reduce its dependency on oil
Contributing about 9% to the GDP and 90% of export earnings, the oil and gas sector remains central to Nigeria’s economy. There are significant opportunities in exploration, production, and refining
Agriculture
Agriculture accounts for about 23% of the GDP, employing over 36% of the workforce. The sector is vital for food security and offers opportunities in crop production, livestock, and agro-processing
Technology and Innovation
Nigeria’s tech sector, often referred to as “Silicon Lagoon,” is thriving, with the ICT sector contributing 18% to the GDP. Nigeria has over 100 million internet users and is a leader in e-commerce, fintech, and digital media in Africa
If you are certain you want to expand your business...
Nigeria has experienced an average GDP growth of 3.65% over the last 10 years. Over 500 languages are spoken in the country but only English is an official language spoken by over 50% of the population.
Let's talk about your business opportunity on the continent!
The delegation will bring German companies from the cosmetics and cleaning products sector to South Africa to explore partnerships, distribution opportunities, and market entry possibilities.