President Ramaphosa's visit: Signalling the positives, By Ade Adefeko

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One hoped for outcome of President Ramaphosa's visit is that South Africa will accord Nigerian businesses there more freedom to thrive.

All told, Nigeria and South Africa must collaborate for the mutual benefits of the two countries in particular, and the advancement of Africa in general. There is no better time to activate the collaboration than now. The success of President Ramaphosa’s state visit to Nigeria will be measured through this.

Clarifications over, it is pertinent to state that South Africa has had a chequered history, especially as it relates to the years of apartheid rule. During this period, black South Africans were subjugated and suppressed by their white counterparts who felt that they were superior to them and, therefore, deserved to dominate them. The significant contributions made by Nigeria in helping to put an end to apartheid is well documented.

Two critically important things the leadership of the two countries must bear in mind are that one out of every four Africans must be a Nigerian because the country remains the most populous in Africa, while South Africa, warts and all, remains the strongest economy on the continent. This places a responsibility on both countries to leverage the comparative advantages inherent in them for the prosperity of Africa and the advancement of the black race.

Altogether there are about 120 South African firms doing exceedingly well in the Nigerian market in diverse sectors like telecommunications, banking, retail and fast food. Conversely, only a few Nigerian firms like Aliko Dangote’s Sephaku Cement and Oando Energy are operating in South Africa. This gross imbalance has to be corrected through the elimination of official barriers preventing Nigerian firms from operating in the country.

 

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