MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Business / Coega and Global Auxiliary Advance Nigerian Industrial Park Plans

Coega and Global Auxiliary Advance Nigerian Industrial Park Plans

The Coega Development Corporation (Coega) recently welcomed the Global Auxiliary of Companies’ (Global Aux) Chief Executive Officer (CEO), Mr. Mika’il Ali Kote, to the Coega Special Economic Zone. The visit aimed to advance co-project development and technical advisory cooperation for Nigeria’s Gulu Integrated Agro-processing Industrial Park (GIAIP), under the umbrella of the Coega Africa Programme […]

The Coega Development Corporation (Coega) recently welcomed the Global Auxiliary of Companies’ (Global Aux) Chief Executive Officer (CEO), Mr. Mika’il Ali Kote, to the Coega Special Economic Zone. The visit aimed to advance co-project development and technical advisory cooperation for Nigeria’s Gulu Integrated Agro-processing Industrial Park (GIAIP), under the umbrella of the Coega Africa Programme (CAP).

Building on the momentum of the South Africa-Nigeria Binational Commission (BNC) held in Cape Town on 28 November 2024, which aimed to enhance bilateral relations, Mr. Mika’il Ali Kote, CEO of Global Aux, expressed his enthusiasm about his visit to Coega.

“I have been anticipating this visit and engagement with Coega for a while. We are here to advance our initial partnership discussions relating to the Gulu Industrial Park and other developments in proximity to and into northern Nigeria. The ultimate objective is to replicate what Coega SEZ has achieved, but in Nigeria,” said Ali Kote.

Mr. Idriss Mouchili, CAP Director, emphasised the need for concrete action steps to advance the project in line with CAP’s mission to intensify business outreach efforts outside of South Africa. These steps include a site visit to assess project scope and feasibility, the formalisation of a Project Development and Management Agreement, the development of a comprehensive Project Master Plan, and the exploration of potential funding sources and requirements, to name a few.

Coega currently has a Memorandum of Understanding (MOU) with Global Aux, complemented by a Technical Partnership and Co-development Agreement. A Project Development and Management Agreement is anticipated in the near future.

Dr. Siyabonga Simayi, Coega’s Programme Director of Client Solutions, welcomed the partnership between Coega and Global Aux.

“As countries seek to enhance their competitiveness, the establishment of special economic zones and industrial parks has emerged as a key strategic tool for attracting sustainable investment and fostering economic development. Recently, Coega attended an SEZ conference in Kenya, where the importance of collaboration between African companies was emphasised.

We welcome this collaboration with Global Aux, and we are excited to engage with likeminded entities to improve continental integration,” said Simayi.
In conclusion, Coega is open to collaborating with African nations to address trade and investment challenges and create a conducive environment for business growth.

Find Business Accommodation in Gqeberha HERE

Gqeberha (Port Elizabeth) is a beautiful city located on the coast in the Eastern Cape Province and is known as the “Friendly City”, with other towns in this district including Kariega (Uitenage) and Despatch. Forming part of the Nelson Mandela Bay Metro, Gqeberha has stunning beaches, historical museums and memorials, award-winning wildlife sanctuaries and super friendly people, making it a spectacular holiday destination.

Watch a Random Port Elizabeth video:

Read More and Submit your Gqeberha Business News HERE

Category: Tag:

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Older Persons Grants Land Today — No Need to Queue at Dawn

    Dear Editor, Older Persons grants are paid today, 30 October, under SASSA’s revised November payment schedule — with disability grants on Monday 2 November, children’s grants on Tuesday 3 November, and grants under review on Thursday 5 November. Two things every beneficiary should know. First, grant money does not expire on payment day. It stays…

  • November Grants Pay Early – No Need to Queue at Dawn

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. November grants pay earlier than usual. Older Persons grants are paid on Friday 30 October, Disability grants on 2 November, and Child Support and other grants on 3 November. Grants still under review are paid on 5 November. The money…

  • NSFAS 2027 applications close on 31 October — SASSA households, apply now

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. NSFAS applications for the 2027 academic year close on Friday 31 October 2026, and no extension is expected. If your household receives a SASSA grant, your child already passes the NSFAS financial eligibility test — but they still have to…

Reader Interactions

Comments

  1. South Africa is ranked 34th out of 183 countries for ease of doing business according to Doing Business 2011, a joint publication of the World Bank and the International Finance Corporation.