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Firm pushes for stronger Nigeria-South Africa economic ties

MTN Nigeria has called for stronger economic relations between Nigeria and South Africa to promote investment and economic growth in both countries.

The telecommunications company will sponsor the August 2026 Breakfast Forum of the Nigeria-South Africa Chamber of Commerce (NSACC), where business leaders are expected to discuss ways to increase cross-border investment and strengthen partnerships.

The forum, themed “Building Local Content Together, 25 Years of Shared Growth,” will take place on August 27 at Eko Hotel & Suites, Victoria Island, Lagos.

The event will bring together business leaders from the finance, advertising, technology and strategic communications sectors to discuss 25 years of business cooperation between Nigeria and South Africa.

Among the speakers expected at the forum are MTN Nigeria’s Chief Financial Officer, Modupe Kadri; Founder and CEO of BlackHouse Media, Ayeni Adekunle; Group Managing Director of So&U, Udeme Ufot; CEO of Seams & Stitches, Yemi Chukwurah; and Group COO of Computer Warehouse Group, Afolabi Sobande.

The NSACC was established in May 2000 and currently has more than 300 corporate members across Lagos, Abuja and Port Harcourt.

The Chamber promotes trade missions, business matchmaking and policy advocacy while connecting Nigerian startups and small businesses with foreign investors and international supply chains.

MTN’s sponsorship of the forum is part of its 25th anniversary celebrations in Nigeria and highlights its role in supporting trade, investment and digital infrastructure.

MTN Nigeria CEO, Karl Toriola, recently said stronger intra-African trade was important to achieving economic growth and sustainability.

He noted that the company’s 25-year journey in Nigeria had shown how international investment and local talent could work together to create sustainable businesses.

MTN Nigeria has invested more than $15 billion in infrastructure in Nigeria over the past two decades. The company now has more than 77 million active subscribers and supports the country’s growing fintech and digital services sector.

The forum will also examine how private sector partnerships can help improve local content development.

Participants are expected to discuss ways to support local vendors, expand the use of Nigerian technology and improve the transfer of knowledge between South African companies and Nigerian businesses.

The organisers hope the discussions will lead to practical plans for stronger business cooperation and joint investment between Nigeria and South Africa over the coming years.