U.K. Seeks to Be Largest G-7 Investor in Africa

 Port of Durban, Sotuh Africa 

Photographer: Waldo Swiegers/Bloomberg
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The U.K. is working toward being the biggest investor in Africa among the Group of Seven nations, Trade Commissioner for Africa Emma Wade-Smith said as the country prepares to leave the European Union at the end of the month.

The country in September signed a trade-continuity agreement with five members of the Southern African Customs Union and Mozambique to govern trade between them after the U.K. leaves the EU on Oct. 31, and has signed a similar pact with Tunisia for post-Brexit arrangements, Wade-Smith said in an interview on Bloomberg Television Monday. The U.K. sees opportunities in infrastructure and clean energy, and wants to form stronger, long-term partnerships in the region, she said.