JOINT MINISTERIAL ADVISORY COUNCIL ON INDUSTRY, TRADE & INVESTMENT

The South Africa-Nigeria Joint Ministerial Advisory Council on Industry, Trade & Investment (JMACITI) is a bilateral initiative to boost relations between Africa’s two biggest economies.

It was launched in November 2021 on the side lines of the 12 Session of the Binational Commission sitting in Abuja.

It is led by the Ministry of Trade, Investment and Competition (DTIC) in South Africa and the Federal Ministry of Industry, Trade & Investment (FMITI) in Nigeria. The two Ministries will jointly co-ordinate the work of the Advisory Council, working closely with the private sector through Council Members, comprising companies and organizations in South Africa and Nigeria.

The Council is expected to serve as a critical vehicle for facilitating and promoting private sector participation in Africa’s two largest economies and strengthening trade and investment ties.

South Africa – Nigeria Bilateral Trade (2017 – 2021)

Source: DTIC