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UK's PM announces more than £300 million worth of deals with Africa

Staff Writer |
Prime Minister Theresa May and International Trade Minister George Hollingbery led a 29-strong business delegation on their visit to South Africa, Nigeria and Kenya to promote economic ties with Africa.

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Africa is a young, vibrant and dynamic continent growing at an extraordinary rate. By 2050, 1 in 4 people on the planet will be African, a quarter of the world’s consumers.

This represents a transformational opportunity for UK firms to increase trade with African countries.

During the visit deals worth more than £300 million have been agreed within a variety of sectors, creating close to 3,000 jobs across Africa.

The commercial activity was announced this week as the Prime Minister set out the UK’s ambition to be the largest G7 investor in Africa by 2022, ahead of an Africa Investment Summit which will be held in the UK next year.

The UK-Africa trade relationship is already worth more than £31 billion.

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