Nigeria, Aug. 25 -- South African opposition leader Julius Malema has said Africa must collaborate to industrialise and grow the continent's economy rather than depending on foreign loans.

Mr Malema, president of the Economic Freedom Fighters (EFF), a major opposition political party in South Africa, spoke on Sunday evening during his opening remarks at the Nigeria Bar Association's Annual General Conference in Enugu.

The EFF president said Nigeria and South Africa have the potential to lead the quest for the continent's industrialisation and economic growth, explaining that collaborative investments in the power sector, for instance, can solve the continent's electricity supply woes.

"Combined, we possess the minerals that power moder...