UK to support economic growth in Africa by offering City of London expertise

As the UK leaves the European Union, the City of London will play an even greater role in financing the fastest-growing economies across Africa and the world, the Prime Minister said today in Nigeria.

UK-Nigeria trade was worth £4.2 billion last year and British companies including British Airways, GSK, Shell, Diageo, Unilever and Standard Chartered have successful and long-established operations in Nigeria, many of which date back to the 1930s.

111 African companies have already come to the UK to list on the London Stock Exchange, to raise money in one of the world’s leading financial centres. Today the Prime Minister and International Development Secretary welcomed announcements from two African companies to list on the London Stock Exchange.

Aliko Dangote, the Chairman of Dangote…

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