Dubai Chamber continues to strengthen economic ties between UAE and Africa
The United Arab Emirates have launched their 6th edition of the Global Business Forum Africa (GBF Africa) which aims to develop and strengthen multifaceted activities with Africa. With its first-class Emirates airline, the airline network will facilitate participation in the forum for African executives and business leaders.
Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, GBF Africa brings together the trade and investment community to explore bilateral trade opportunities between Dubai and Sub-Saharan Africa.
Now in its 6th edition, the Global Business Forum Africa facilitates international income flows by engaging key decision makers on the global investment scene. Influential stakeholders engage in a constructive dialogue at the highest level, focusing on key economic developments and emerging investment opportunities across the continent.
This forum, among other key objectives, aims to build bridges between UAE and African business communities and explore untapped trade and investment potential. It represents an unprecedented opportunity for businesses of all sizes, international organizations and government entities around the world, to come together to foster a more diverse and resilient global economy, inspire a vibrant business environment and drive sustainable growth.
Besides Africa, the ASEAN World Business Forum was established as a platform for insightful dialogue between the government and business leaders of the UAE and ASEAN by identifying opportunities for growth. mutual. The Regional Comprehensive Economic Partnership is poised to reshape global connectivity and add US $ 186 billion to global GDP by 2030.
It was also launched in 2016, the Global Business Forum Latin America, which seeks to pave the way for lasting partnerships between the business communities of the GCC, Latin America and the Caribbean (LAC). The forum explores existing business synergies and bilateral business opportunities, while strengthening Dubai’s position as a gateway for Latin American businesses.
As expected, heads of state, more than 30 ministers, senior government officials and prominent influential business leaders from Africa have confirmed their participation in the sixth edition of the Global Business Forum Africa (GBF Africa), which has held on October 13. 14, 2021 at Expo 2020 Dubai.
The Dubai Chamber is organizing GBF Africa 2021 in partnership with Expo 2020 Dubai under the theme “Transformation Through Trade” and the event will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai.
The organizers listed high-level participants, including HE Filipe Nyusi, President of Mozambique; HE Félix Tshisekedi, President of Congo; HE Dr CGDN Chiwenga, Vice-President of Zimbabwe; the Chief Minister of Jersey; the Secretary General of COMESA; over 30 African ministers and senior officials, including ministers from Ghana, Angola, Ethiopia, Uganda, Zimbabwe and Liberia, Kenya, Botswana, Côte d’Ivoire, Mauritius, Mozambique, Namibia, Niger, Senegal, Seychelles, Congo and the Kingdom of Lesotho, as well as government officials from Rwanda and Kenya.
HE Reem Al Hashimy, UAE Minister of State for International Cooperation and Managing Director of Expo 2020 Dubai, said, “Countries around the world participating in Expo 2020 are eager to expand and develop. ” deepen their ties with Africa, and GBF Africa a crucial forum where the continent can share its plans and achievements, seek investments and solutions to its challenges and forge new relationships across the world.
HE Hamad Buamim, President and CEO of the Dubai Chamber, said: “GBF Africa’s success in attracting influential African presidents, ministers and leaders to join its high-level talks reflects the position of the forum as a leading global platform to explore investment opportunities. on the African continent. This reinforces the crucial role played by Dubai’s wise leadership in expanding the emirate’s trade links with emerging markets around the world.
According to Buamim, the Dubai Chamber wishes to continue its efforts to promote the construction of strategic partnerships with key players in the African business ecosystem. The Chamber is also committed to encouraging and supporting local and national businesses to invest in African markets and to strengthen sustainable economic growth and development.
Ambareen Musa, Founder and CEO of Souqual in the United Arab Emirates, said, “As we grow and expand in the Middle East, it gives us a lot of exposure to potentially enter Africa as a that region. “
Through its network of leading international representative offices, trade missions and business forums, the Dubai Chamber of Commerce and Industry strives to raise Dubai’s profile as a global trade hub. and investment. The Chamber represents more than 260,000 companies, making it one of the largest chambers of commerce in the world.