President Cyril Ramaphosa will leave Nigeria and head to Saudi Arabia and the United Arab Emirates (UAE).Ramaphosa is currently on a trip to Nigeria‚ where he met that country’s president‚ Muhammadu Buhari‚ on Wednesday.In a statement on Wednesday‚ Ramaphosa’s spokesperson, Khusela Diko, said the President would be meeting Saudi king Salman bin Abdulaziz al-Saud on Thursday."The purpose of the state visit to the kingdom of Saudi Arabia is to assess the status of bilateral relations‚ while focusing primarily on strengthening economic linkages between SA and Saudi Arabia‚ particularly in terms of increasing inward investment and diversifying the trade relationship‚" said Diko."The country is also a large investor in SA‚ especially in the area of renewable energy. Total trade amounted to just more than R55bn in 2017‚" she added.The state visit will also present an opportunity for SA to increase co-operation with Saudi Arabia in the light of the country’s new strategy for Africa.In the ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.