ACTIV pledges commitment to trade, investment in Africa

By : Editor

Date: 30 April 2019 5:13am WAT

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(FILES) In this file photo taken on April 20, 2016 A woman waves a flag with a marijuana leef on it next to a group gathered to celebrate National Marijuana Day on Parliament Hill in Ottawa, Canada. - Nearly a century of marijuana prohibition came to an end Wednesday, October 17, 2018, as Canada became the first major Western nation to legalize and regulate its sale and recreational use. The change was praised by pot enthusiasts and investors in a budding industry that has seen pot stocks soar on the Toronto and New York stock exchanges, but sharply questioned by some health professionals and opposition politicians. (Photo by Chris Roussakis / AFP) / ALTERNATIVE CROP

Africa Canada Trade Investment Ventures (ACTIV) has promised to facilitate trade and investment in Africa.

Its primary aim is the mentoring business growth and development among individuals and organisations operating in West Africa.

The director, Kenneth Oguzie, made the promise at a two-day event in Halifax, Canada, with focus on strengthening business relationships between the North American nation and West Africa, particularly Nigeria.

He noted that ACTIV supports businesses in Africa by seeking access and penetration into the Canadian market as well as those looking to build new partnerships and strategic alliances.

“We look forward to strengthening business relationships between Canada and West Africa, with a focus on Nigeria and Ghana, and explore how ACTIV can support these businesses looking to penetrate the Canada market and to build new partnerships.

“We will act as a bridge between Canadian businesses and businesses in Africa by bringing together stakeholders and businesses from different parts of the world, sharing different experiences in the global business sphere as a way of facilitating socio-economic growth in both regions,” he said.

He also affirmed that West African trade and investment would grow and reach their full potential, if only stakeholders and business owners could leverage on the new relationships and expand their global outreach.

ACTIV is an organisation that focuses on a value-based, ethical approach of creating platform to allow international trade and investment in key sectors with demonstrable scale potential, profitable returns and sustainable growth. Its investment model aims to, above all, generate wealth that contributes to economic development between Canada and Africa.

Speaking at the event, Nigerian High Commissioner to Canada, Adeyinka Asekun, emphasised that the partnerships would go a long way in growing the economies of both countries, as it provides mutual benefits for both regions in the areas of trade and investment.