A Nigerian tech entrepreneur, Joel Popoola, has been appointed to head the task force to improve trading ties between Africa and the United Kingdom.
According to him, the IoD Africa SIG will stimulate business opportunities, increase networking, and grow awareness of British businesses in Africa and African businesses in Britain. In a statement, he stated that prior to the launch, serious bi-monthly online roundtables would be held to discuss post-COVID-19 and Brexit business opportunities for UK and African businesses.
Popoola in the statement said: “One UK parliamentary report recently noted that UK-Africa trade has ‘flat-lined’ and accounts for just 2.5 per cent of all UK trade. But before the COVID-19 outbreak, the world’s five fastest-growing economies were all African, and regional leaders like South Africa and Nigeria are likely to become superpowers of the global economy as we move towards the second half of this century.
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