News

February 3, 2026

Nigeria–Morocco business week: FG, Morocco move to unlock $10bn trade potential

By Esther Onyegbula

Nigeria and Morocco are set to strengthen bilateral economic relations with the commencement of the second edition of the Nigeria–Morocco Business Week, scheduled to hold from February 9 to 12, 2026, across Lagos, Kano and Abuja, with a projected trade boost of between $7 billion and $10 billion.
The high-level business and investment forum, which brings together top public and private sector stakeholders from both countries, is aimed at deepening trade, investment flows and industrial collaboration between West and North Africa, particularly within the framework of the African Continental Free Trade Area (AfCFTA).

The multi-city event, themed “Advancing Nigeria–Morocco Trade & Investments through Economic Integration and Implementation,” is being organised under the auspices of the Embassy of the Federal Republic of Nigeria in Rabat, in collaboration with Spectre TransTrade Global, CONSCIMA, Lagos Chambers of Commerce, FENAGRI, Rabat-Salé Chambers of Commerce, the Federal Ministry of Livestock, the Ministry of Industry and other key institutions.

It comes on the heels of the inaugural Nigeria–Morocco Business Week held in Casablanca in 2024, which laid the groundwork for closer commercial ties between both countries.

Speaking on the objectives of the 2026 edition, Secretary of the Organising Committee, Abdulhamid Mahmoud Y., said the forum is designed to move beyond discussions to actionable outcomes.
“The event aims to promote B2B matchmaking, technology transfer and value addition. We are particularly focused on connecting Nigerian importers and large-scale buyers with Moroccan producers and processors to unlock real value,” he said.

According to organisers, although the bilateral trade potential between Nigeria and Morocco is estimated at between $7 billion and $10 billion, much of this opportunity remains untapped due to logistical, structural and market access challenges.
The event will focus on high-growth and strategic sectors such as agriculture and agro-industry, renewable energy, manufacturing, the digital economy, infrastructure and livestock development, with an emphasis on building integrated regional value chains under AfCFTA.
Activities will begin in Lagos on February 9 at the Federal Palace Hotel, where a high-level conference, exhibitions and business-to-business matchmaking sessions will be held. The forum will then move to Kano on February 10 at the Bristol Palace Hotel, featuring sessions dedicated to agriculture, agro-industrial engagement and industrial site visits.
On February 11, the bilateral relationship between Nigeria and Morocco will be celebrated with a polo match at the Guards Polo Club, while the Business Week will conclude on February 12 with an awards ceremony and a closed-door, high-level dialogue between government officials and private sector leaders.

Organisers noted that the 2026 edition places strong emphasis on implementation, with strategic partnerships already secured with development finance institutions, chambers of commerce and government agencies to ensure that discussions result in concrete investment frameworks and trade agreements.

Morocco’s strength in phosphates and fertiliser production, considered critical to Nigeria’s agricultural transformation agenda, alongside Nigeria’s large consumer market, energy resources and industrial potential, is expected to form the foundation of deeper economic cooperation.

The maiden edition of the Business Week in 2024 recorded participation from over 80 Nigerian companies and 50 Moroccan firms. Officials said participation is expected to increase significantly this year, as both countries work towards formalising agreements in agriculture, agro-industry, livestock and renewable energy.

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