South Africa’s Dermacell Cosmetics is considering a move into the Nigerian market, according to a report published by the Journal du Cameroun.
General Manager Junior Mokgapi revealed the company’s plans during a visit to Nigeria’s Lekki free trade zone. “Nigeria is one of the biggest economies in Africa. If one can crack into the Nigerian market and conduct business, then the rest of Africa has no boundaries,” he said.
The trip was part of a government sponsored outward trade and investment mission and showcased the opportunities available across the Nigerian economic sector so the business delegation could look into setting up public-private partnerships and joint ventures.
“Opportunities are abound in Nigeria. South Africa has taken a conscious decision to partner with Nigeria during their development phases and that Nigeria, like most countries in Africa, presents a wealth of business opportunities for South African companies,” Calvin Phume, South Africa’s foreign economic representative told the Journal du Cameroun.