Johannes Flosbach, Head of New Business Development at TGI Group during the German-African business forum in Germany highlighted the great investing opportunities in Nigeria when speaking to over 200 business leaders.
![Zimbabweans have 21 days to exchange old banknotes for new ones (image used for illustration) [Reuters]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Zimbabweans have 21 days to exchange old banknotes for new ones (image used for illustration) [Reuters]")
Flosbach stated that the microeconomic difficulty in Nigeria is an opportunity to invest in local manufacturing and other industries.
“The current macroeconomic difficulty in Nigeria is a huge opportunity. Many import-based business models are coming to an end, but those companies that are committed to local manufacturing are the market leaders of tomorrow. As TGI Group, we invite the German business community to form joint ventures with TGI Group and to invest in local manufacturing.
“German companies bring globally leading technology and efficient processes. TGI Group provides a platform for their operations in Nigeria. Together we want to create ‘German Quality, Made in Nigeria.”
TGI Group is an international investment and holding company with diversified interests and investments in Nigeria, Ghana, Republic of Benin, Morocco, UAE, South Africa, China and several other emerging markets.
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