Author: James Wambua

By enhancing intra-African trade, AfCFTA estimates that the continent with gain $195 billion by 2045. These gains are projected to be mainly realised in industry, services, agrifood, and energy sectors. By collaborating under AfCFTA, countries can greatly boost regional supply chains for the global electric vehicles market. African countries need to embrace a set of reforms critical in driving Africa’s free trade plan, AfCFTA. The call comes even as more African leaders sign the agreement on the African Continental Free Trade Area (AfCFTA). AfCFTA has the potential to transform regional trade and thereby lift billions of livelihoods in Africa out…

DR Congo’s top government officials woo UAE investors at the Annual Investment Meeting 2023 in Abu Dhabi. From mining to agriculture to energy DR Congo is the global centre of billion-dollar focus sectors. In February 2022, logistics giant DP World started the construction of Banana Port, near Kinshasa. DR Congo is inviting investors from the United Arab Emirates to bet big on the country’s vast investment opportunities. From mining to agriculture and fishing, to health, DR Congo is the global centre of billion-dollar focus sectors. DRC is the second-largest country in Africa with vast deposits of natural resources. Speaking at…

The primary objective of this partnership is to bolster the UAE’s sustainable capabilities and capacity. The company also signed a MoU with Asian Development & Investment Bank (ADIB) to launch their new Green Tech Fund. Mensha Ventures and the Asian Development & Investment Bank (ADIB) signed an MoU to launch their new Green Tech Fund. UAE’s Mensha Ventures has entered into an agreement with partners from China to jointly invest $1 billion in green energy. The Memorandum of Understanding was signed on the sidelines of Annual Investment Meeting 2023 in Abu Dhabi. The partnership that brings together the Asia Development…

Policymakers and business leaders hold panel discussions. Leaders share experiences and expertise focusing on the current economic conditions. UAE capital city Abu Dhabi has solidified its position as a global hub for business growth. Top government officials and business leaders from 170 countries are meeting in Abu Dhabi, UAE, for the Annual Investment Meeting 2023. The three-day forum, which is a premier platform for international investors, opened on Tuesday, May 8th. The 2023 edition is bringing together top corporate leaders, government executives, decision-makers, and policymakers to explore untapped business opportunities globally. The forum, which is under the theme “Investment Paradigm…

Uganda is scouting for investors at the Annual Investment Meeting in Abu Dhabi, UAE. The East African country wants investors to explore its agro-processing, tourism and extractive industries. Latest data shows that Uganda exported $2 billion worth of goods to the UAE in 2021. Uganda is setting up industrial hubs across the country to attract investors in key sectors vital for powering growth. The country is fast-tracking infrastructure in the target areas which are under the country’s Free Zones Authority. At the moment, Uganda has identified agro-processing, tourism, extractive as well as apparel industries as key cogs in unlocking her…