20th June 2024 At the invitation of Ambassador Babagana Wakil of the Nigerian Embassy, Ausmate Group participated in the China-Nigeria Investment Fair. Mr Ren Xiaonan, Director of Ausmate Group, attended the fair and had a closed-door meeting with the Minister of Foreign Affairs of Nigeria, Yusuf Tuggar, and the CEO of Nigeria Investment Promotion Commission, Mrs Aisha Rimi, and other government executives, and finally reached a consensus on a number of co-operation subjects between Ausmate and Nigerian projects, which established the framework and foundation for Ausmate to start the Nigerian projects in the upcoming period.

(Yusuf Tuggar, Minister for Foreign Affairs of Nigeria)

Introducing Nigeria, Mrs Aisha Rimi, CEO of the Nigerian Investment Promotion Commission (NIPC), said that Nigeria, as the gateway to the African continent, not only has excellent market access, a large market through a population of 1.3 billion and a total GDP of up to $3.4 billion, but also demonstrates great investment potential in a number of areas such as infrastructure, agriculture, human resources, energy science and technology, and so on. The government's commitment to economic reforms, food security and diversification, as well as its one-stop service and support to domestic and foreign investors, make Nigeria an investment destination of opportunity. She expressed encouragement to investors to seize this historic opportunity to witness and participate in Nigeria's prosperity and development. 

Mr Ren Xiaonan, Director of Ausmate Group, said that Ausmate Group aims to provide Chinese and African enterprises with enterprise/brand information, product supply and demand, project investment and other consulting in various industries, and to provide convenient and efficient exclusive services, so as to create global business opportunities with the Chinese and African governments and enterprises, share global resources, integrate into the global market, and win on the Ausmate platform.

The fair not only provides a valuable exchange platform for enterprises of China and Nigeria, but also injects new vitality into the promotion of China-Africa economic and trade cooperation. With the in-depth development of the Forum on China-Africa Co-operation and other mechanisms, China-Africa relations will usher in a broader prospect of co-operation and push China-Nepal relations to a new height.