While diplomatic relations between South Africa and Nigeria have been strained, recent efforts by both powers to smooth things over are expected to contribute towards boosting increasingly vibrant economic ties.
With a population of more than 160-million people, Nigeria represents an enormous opportunity for local companies seeking to expand on the continent and willing to think innovatively about how they grow their business.
Though trade between the two nations remains geared towards oil, South Africa’s foreign direct investment in Nigeria comes from a diverse range of sectors and is likely to continue to grow.