U.S. urged to prioritise African market | The Guardian Nigeria News - Nigeria and World News

📆 24.08.2021 15:36:00
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The Group Head, Corporate and Commercial West, Skye Bank Sierra Leone, Adesola Orisamoluwa, has urged the United States of America to prioritise African market opportunities to outsmart its global competitors.

Orisamoluwa, who spoke with The Guardian in Akure, yesterday, noted that this would not only help America to gain dominance in the global market space but would also put its closest rival, China, at bay.

According to a recent report, from only 10 in 2001, China increased its Fortune 500 number to 200 in 2020 while North American companies have reduced. “The number of North American-based companies decreased from 215 in 2001 to 143 in 2017 and the contribution of Asian-based companies increased from 116 in 2001 to 197 in 2017.

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