Dubai Chambers has effectively participated within the lately concluded Africa CEO Discussion board in Kigali, Rwanda, which attracted greater than 2,500 attendees together with African presidents, govt officers, and CEOs of primary global and African firms.
The delegation was once led via His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, who took phase in an interactive panel dialogue. Dubai Chambers additionally organised an tournament at the sidelines of the discussion board to show off the emirate’s aggressive benefits. The consultation highlighted the products and services to be had to African firms in the hunt for to extend into international markets via Dubai, in addition to the backup supplied to African companies to aid make stronger their business and funding ties with firms in Dubai.
The Dubai Chambers delegation held a variety of bilateral conferences with African govt delegations, multinational firms, and primary African and global establishments, which explored methods to improve bilateral cooperation and succeed in mutual targets.
Right through the panel dialogue, which was once titled ‘Decisive Decade for Intra-African Trade: Can the AfCFTA Deliver?’ the President and CEO of Dubai Chambers emphasized the notable position Dubai performs in good for one business ties between Africa and the arena. His Excellency highlighted the contribution of the consultant workplaces operated via Dubai World Chamber, one of the most 3 chambers underneath the umbrella of Dubai Chambers, in consolidating partnerships between the non-public sector in Dubai and the African trade nation.
Dubai World Chamber these days operates seven consultant workplaces throughout Africa, which is the chamber’s best choice of global workplaces in any pocket globally. This displays rising passion in African markets and the continent’s place as an important strategic business and funding spouse for Dubai’s non-public sector.
African markets accounted for 13.3% of Dubai’s general non-oil business with the arena in 2023, up from 8.9% in 2014. Dubai’s non-oil business with Africa is anticipated to develop additional within the coming years pushed via a number of key components, maximum particularly the African Continental Isolated Industry Guarantee.
His Excellency Paul Kagame, President of Rwanda, opened the eleventh version of the discussion board, which was once organised via Jeune Afrique Media Workforce in collaboration with the Global Storage Workforce’s World Finance Company (IFC). Recognised as one of the most biggest trade boards devoted to Africa, the development addressed a area of subjects together with funding, order, knowledge generation, financial integration, infrastructure, business, and synthetic logic.
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