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Theresa May visits Nigeria as the Brexit trade mission continues



  Theresa May speaks with CEOs at First National Bank's offices in Cape Town,

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EPA

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Theresa May spoke with business leaders in Cape Town on Tuesday the first day of their tour

Theresa May will travel to Nigeria later on the second day of her trade mission to strengthen relations with Africa after Brexit.

Ms. May will speak with President Muhammadu Buhari on security, trade and human trafficking before she encounters the victims of modern slavery in Lagos

The Prime Minister announced £ 4bn of additional British support for African on the first day of her trip on Tuesday Economies.

She also insisted that her "sensible" Brexit plans deliver a "good" deal [1

9659007] Ms. May travels to Abuja, capital of Nigeria – Britain's second largest trading partner in Africa for talks with President Buhari.

It will announce a new British and French project to help Nigeria and Niger strengthen their borders. Fight against trafficking

The Prime Minister will also work to assist victims of modern slavery, who are suffering from an "enormous Trauma "suffer.

Prior to her visit, she said Britain was a "world leader" in ending modern slavery.

The three-day whistle-stop trip aims to deepen economic and trade relations with growing African economies from Britain, which is leaving the EU in 2019.

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Media caption Theresa May beamed as she gave schoolchildren a dance

Arrived in South Africa on Tuesday, Mrs Der Mai – accompanied by a team of business delegates – said she wants to overtake the UK by 2022 to become the G7's largest investor in Africa.

It struck Britain's first post-Brexit trade pact with Mozambique and the Southern Africa Customs Union, consisting of six African nations. The EU currently has an economic partnership with this union and the United Kingdom will continue to work on it after Brexit.

And Ms. May has also pledged a "fundamental shift" in development assistance to focus more on long-term economic and security challenges than short-term poverty alleviation.

On Thursday she will end her tour in Kenya, where she will hold talks with President Uhuru Kenyatta and attend a state dinner, attend a business school and meet British troops.

Brexit & # 39; s still on schedule & # 39;

While in South Africa, the PM also asked journalists questions about Brexit.

She told BBC Ben Wright that the UK is "still on schedule" as it originally did in the Brexit negotiations

It comes after EU chief negotiator Michel Barnier hinted last week that Deal may be postponed until early November.

She downplayed the warnings of Chancellor Philip Hammond – who said last week that a no-deal Brexit could hurt the economy.

She said that the comments are based on an analysis that was published in January "work in progress".

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Media Signature May: "Common sense" in preparation for Brexit no agreement

Ms. May then quoted World Leader comments Englisch: www.germnews.com/archive.php?f=2&s…&language=en /dn/1995/02/16.html The trade organization, which said Brexit will "not be a walk in the park, but not the end of the world".

"We work for a good deal, we have made our proposal for a good deal," she said. "I believe that this agreement benefits not only the UK but also the EU."

"What the government is doing is preparing to make sure that we can succeed in any future relationship with the EU. The EU and whatever the outcome of the negotiations will be."

Ms. May repeated on Tuesday morning with journalists aboard RAF Voyager that they believe that a no-deal Brexit is still better than a bad trade.


Nigeria: May's Trade Mission

By BBC Africa Business Editor Larry Madowo

Nigeria is Britain's second largest trading partner in Africa, but should the country be so focused on Britain?

Tunji Andrews, an economist in Nigeria's Lagos trading center, believes Nigeria should focus more on its relationship with the European Union.

"The diversity of the demand of the EU market makes it a bit more attractive."

"I think it's impossible not to market the British market at this point, but I'll also say that while Britain is a viable trading partner remains, but does not have the same value for Africa as China and, to a lesser extent, the US. "

Nigeria's largest export to Britain is crude oil and its largest import is refined oil, a structural inefficiency that leads to regular fuel shortages as the populous West African nation does not have a functioning refinery.

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