Business: List of Projects and Trade Missions For 2022

Here are a list of projects and Trade Missions to be embarked upon next year to enable Nigeria and Africa to bounce back from the negative effects of the pandemic. 

The areas to be covered will range from Asia to Europe as well as Australia.

           

Business: Strategic Planning is Key to Business Growth

There are many reasons why having a growth plan is beneficial to your business, especially in tough economic circumstances. You can be sure that your competitors will be looking to obtain your customers or your share of the market, and in the absence of a growth plan, many businesses suffer from severe knock-on effects that impact revenue growth. Building and sharing a growth plan with your team and external advisors ensures that you are sprinting in the correct direction of customer segments that most value your offerings.

Constraints of proper growth plan leads:

•     Delaying your growth;
•   Intense Competition; and
•   lack of Accountability;
•   Lack of Learning from Execution.
•   No New Thinking;
•   No Sensible Target;
•   Poor Execution;
•   Wasted Efforts;

 

Before expanding your business, you need to take time to document your growth strategy. With a well-thought-out and documented strategy in place, you can ensure that your business growth is led by informed decisions, thereby avoiding surprise pitfalls that compromise profits.

 

                                   

Growth Strategy

A growth strategy is a document that details your business goals and defines your strategies for meeting those goals. It’s a road map detailing the goals you’re striving to meet, how you’re planning to meet them, and when you’re planning to execute.

 

The most effective strategies are documented so that they can be shared across the organization. Having a documented strategy creates cohesiveness, allowing decisions and initiatives across the company to be catered to established goals. While initial planning is crucial, iterative planning is important as well. By revisiting your strategy at regular intervals, you can make strategic shifts based on new information, market changes and historical data.

 

Business Growth Strategies

There are many ways to grow a business. Which way you choose to expand largely depends on your ambition, your reasons for growth, and the opportunities and resources available. However, two crucial factors for choosing a business growth strategy are:

 

•       Products – what you currently offer, and what you’d like to offer in the future
•   Markets – where you currently sell, and where you’d like to sell in the future

 

The Four Major Growth Strategies

In the simplest terms, there are four possible strategies for growth, each with its own distinct risks. These are:

 

Market Penetration

With market penetration, you try to sell more of the same things to the same market. The risks are usually low as you focus on capturing a bigger share of your current market with the products you already have.

 

Product Development

With product development, you are introducing a new product into your existing market. You’re effectively selling something different to the same customer, potentially encountering greater risks. With product development, a business usually has one of three choices.

 

Market Development;

Another option is market development, where you try to sell an existing product in a brand new market. For example, you may want to segment your existing market or reposition your product in it or target an entirely different geographical area. Market development is a growth strategy that involves selling your existing products or services to a new group of customers.

 

 

Diversification.

Lastly, with diversification, you are aiming to sell completely different goods or services to completely different customers. This is typically the riskiest of options; it requires both product and market development.

 

Starting and growing a business requires a significant amount of time, effort and planning. Quick decisions and big investments may be appealing, but unless they translate into functional and sustainable business models, the temporary excitement can lead to very public disappointment.

Before you take steps to grow your business, you need to document your growth strategy.

 

Globe Chamber of Commerce: Africa Export Expo

 

Africa Export Expo is designated to provide participating countries, individuals, exporters and business minds the ideal platform to hear cutting-edge perspectives from wide range of trade expert and exporters, while offering the opportunity to network with industry’s top players. The Expo will provide expert’s opinion on how to further regional economic integration across Africa and the implication of policy initiatives aimed at stimulating economic diversification, stability and export growth.

Trade has been a key driver of growth in countries that have been successful in achieving high rates of growth over the past three decades, such as those in East Asia. If they are to accelerate their growth, trade will have to perform the same role for African countries.  Designing policies that promote trade and trade competitiveness must therefore be at the heart of growth strategies for African countries.

It is relevant to ask whether there are special features of Africa that would help explain the massive poverty and inequality that engulfed the continent. Weak initial conditions (such as weak institutions, human capital and extractive colonial history and its attendant institution) at the time of independence; the dependence of almost all African countries on primary commodity production and trade; lack of non-aid financial capital flows and the alarming level of aid-dependency; lack of ownership of policies which are invariably imposed on Africa by donors; prevalence of conflict and poor governance are some of the issues where possible explanations for this sever lack of progress and pervasive poverty might be found. Many countries, especially those in East Asia, extracted themselves from such massive poverty, among other things, by designing and implementing an appropriate industrial and export strategy.

So this expo will attempt to tackle and address such economic and business abnormalities, and also help to tackle the challenges of export development in Africa.

The event which will be organized by Globe chamber of Commerce and Industry (GCCI) is being planned to offer participants a platform to expand their business network, meet their competition and get fresh perspectives from a wide range of trade and export experts.

The aforementioned subject is brought to you, courtesy of National Mail.

National Mail is an online news platform of Trade Nigeria that focuses on business development, Investment, trade, economic exchange and development. 

Follow National Mail on twitter, LinkedIn, and Nairaland for your one stop news update! 

Trade Nigeria: About National Animal Feed Summit

The National Animal Feed Summit is Powered by Trade Nigeria, Globe Chamber of Commerce Federal Ministry of Agriculture and Rural Development and the Government of Nigeria with the aims of bringing together researchers, farmers and all agriculture enthusiast to exchange and share their experiences and research on all aspect of Animal Feed. 

It will also provide a platform for experts to present and discuss the most recent innovations, trends, and concerns as well as practical challenges encountered and solutions adopted in the agricultural sub sector as regards animal feed.

With rising competition in all agricultural markets around the nation, the amount of material left for animal feed is decreasing, along with the quality.

 

But where medicated feed additives had filled this void before, rising policies from the Government regarding the allowance of these substances into the food chain means new opportunities have arisen in animal nutrition.

 

 The program is designed to create a B-2-B meeting platform between agri-business stakeholders & practitioners in Nigeria and their overseas counterpart. The program would navigate and provide direction for animal feed security in Nigeria. Adding that animal feed account for 70% of the cost of animal production, thereby making it the most important consideration in the livestock business.

 

The National Animal Feed summit will help to showcases agricultural equipment, Feed additives, Ingredients & Production Technology, Laboratory Equipment, Storage technology, Milling Technology, Silage Production Technology, Ancillary equipment and lot more….

 

Participants to this event will consist of  researchers, scientists, farmers, livestock retailers, livestock processors, feed manufactures, feed ingredients producers, feed additive producers and more – all passionate about the development of animal nutrition within the Nigeria framework and adding value to the livestock processed production within it.

 

 

Trade Nigeria: About Miss Trade Nigeria

 

 

Miss Trade Nigeria, a search for Nigerian most admired girl. A national beauty pageant where beauty queens from every part of the  nation come together to contest for the most admired girl, campaigning for a beautiful and peaceful nation.

 

Bringing all female beauties together in one platform to celebrate Peace, Education, unity, understanding and love, while supporting national children education; With the view of giving Education to underprivileged children, mostly in the developing nations.

 

Miss Trade Nigeria is a Beauty Pageant with a mission, 'Voice to Voiceless Children', the beauty queen will be an Advocate of Reformed Education. It is a talent, educative and informative based competition. Over 100 Queens are expected to be present in this great event.

 

Miss Trade Nigeria will be organized, produced and managed by Trade Nigeria Organization in partnership with Globe Chamber Media, National Mail Globe Business Times, Fow World Media, a Multi oriented Media, Production and Global Entertainment Company, Fully Registered, Copyrighted and Trade Marked in 50 countries with over 100 Country Directors.

 

Stay tuned as more update comes your way!

 

Trade Nigeria: About Nigeria - Taiwan Economic and Investment Forum

 

Nigeria - Taiwan Economic and Investment  Forum is powered by Trade Nigeria in partnership with Globe Chamber of Commerce to enhance trade, business, investment and economic opportunities between Nigeria and Taiwan.

The relationship between Nigeria and Taiwan over the years has been mutually beneficial guided by trust, respect and friendly relations.

Although Nigeria and Taiwan business communities have recorded tremendous successes in bi-lateral trade, there is a large trade imbalance in favor of Taiwan as Asia exports represent some 80 per cent of the total bilateral trade volumes. This gap needs to be reduced.

Therefore, Nigeria - Taiwan Economic and Investment  Forum is a forum that will promote mutual beneficial relationship in business transactions among Nigeria and Taiwan. This is projecting Nigeria as well as Africa not only as a consumer market alone, but as an investment destination where goods can be manufactured and consumed locally.

Nigeria - Taiwan Economic and Investment  Forum will be a program that will explore ways of practical cooperation in trade, investment, finance, human resources, agriculture, fishing, and also strengthen industrial capacity cooperation in the manufacture of cars, household appliances, construction materials, textiles, food processing, and others. This is in line with Trade Nigeria focused on Growing Africa's Economy.

The trade mission is designed with an itinerary to provide delegates with a platform to meet serious buyers, explore new development opportunities and network with innovative minds, agricultural experts, Leaders and entrepreneurs.

Highlights of the Afore-mentioned program include:

·                             Business and multilateral trade

·                             Bilateral G2G/B2B/B2C meetings

·                             Foreign direct investment

·                             Export promotion

·                             Bilateral trade partnership

·                             Business and investment forum

·                             Build, own, operate and transfer

·                             Trade exhibition and expo

·                             Multilateral trade talk and international business agreement

·                             economic exchange and trade cooperation

·                             Business agreement

The Trade Mission to Taiwan will also create an outstanding opportunity for Taiwanese to showcase its innovative prowess and capabilities to the Nigerian sectors.

 

Trade Nigeria: The Organization is a global workpiece for all industry stakeholders and its reputation alone attracts a vast international audience - Buchi George

 

Trade Nigeria is showcasing and growing the Nigeria brand through her numerous trade/business programmes across continents.

Speaking in Abuja Nigeria, the Hon. Buchi George who is the Chairman, and founder of Trade Nigeria, said the main aim of the organization is to produce a conducive business atmosphere for economic activities to thrive not only in Nigeria but across continents of the world.

“The Organization is actually designed to promote, protect and develop platforms and programmes that will help local business thrives beyond Nigeria as well as contribute ideas that will not only enhance the overall economic stability of Nigeria, but also encourage both national and international interests in local businesses in the country”, he added.

Earlier through a message on the official website of the Organization, the Trade gaffer said; “Trade Nigeria is a global workpiece for all industry stakeholders and its reputation alone attracts a vast international audience. It provides the most diverse range of exhibitors from core sectors of the trade industry such as Business, Investment, Economic Exchange, Manufacturing, Technology, Trade, and Commerce”.

“With numerous partners from all over the world, it is an effective and efficient platform were potential customers, manufacturers, suppliers, among others meet to partner”, He further established.

Stretching further, Hon Buchi George said our Projects has already recorded tremendous achievements, citing Trade Nigeria Business Roudtable: were Investors/Delegation meet and partner; Nigeria Joint Trade Mission and business Delegation of Industries: were domestic business men and women are opportune to partner with their foreign counterpart; Project 360:  Trade with Nigeria, Invest in Nigeria: a platform that encourages investment as to grow the economy ; Trade Nigeria, Learn Nigeria: a platform that encourages entrepreneurs, skillset development and capacity building.

Other achievements listed are Nigeria Investment opportunities as investment destination; Nigeria Business Forum; Display of non-functioning industries in Nigeria for Investors takeover; Exhibition of goods and services from Nigeria amongst others.

In partnership with the Federal Ministry of foreign Affairs. Globe Chamber of Commerce and Industry, the Presidency, and various international Trade Organizations, Trade Nigeria is so far putting up joint trade missions to Poland, with Hon Buchi George adding that there is still more to come as they will stop at nothing in ensuring Nigeria becomes a global business hive.

 

Trade Nigeria : About Nigeria - Turkey Economic and Investment Forum 2022

 

Nigeria - Turkey  economic and investment Forum will bring together some of the most influential decision-makers in Nigeria and Turkey: corporate leaders, international funders, heads of State and ministers, representatives of Nigeria and Turks business communities, among others.

The economic and investment Forum will provide a platform dedicated to the development of business opportunities in Nigeria and Africa , as well as sharing of experiences and the deciphering of trends in the African business environment.

The Forum will be a place of interactive encounters and mutual exchange of ideas which will provide a space for discussion around operational and multi-sectoral workshops, moderated by key players in their respective fields and by the finest minds of young entrepreneurs who are driving business innovations.

The Nigeria - Turkey  Economic and Investment Forum is powered by Trade Nigeria in partnership with Globe chamber of commerce and industry. 

Stay tuned as more information comes your way

The aforementioned subject is brought to you, courtesy of National Mail.

National Mail is an online news platform of Globe Chamber of Commerce and Trade Nigeria that focuses on business development, Investment, trade, economic exchange and development. 

Follow National Mail on twitter, LinkedIn, and Nairaland for your one stop news update!