- Al Shezawi, President of AIM Global Foundation, asks entrepreneurs to seize promising investment opportunities between the Gulf countries and African nations.
- Al Shezwi who is also President AIM Congress says these collaborations will be through enhancing joint work and establishing economic partnerships.
- Also discussed in Bahrain was best practices and experiences from Africa and the Arab region on how to stimulate and unleash entrepreneurship, joint investments, and trade.
The AIM Global Foundation has called for enhanced trade partnership between the Gulf nations and Africa during the fifth edition of the 2024 World Entrepreneurs Investment Forum in Bahrain.
This call comes at a time when the AIM Global Foundation is increasingly engaging the world’s entrepreneurs, urging enhanced international cooperation by formulating and developing effective promotion strategies and opening new horizons for viable investments.
Overall, the AIM Global Foundation seeks to anticipate the future, support sustainable investment partnerships and initiatives, and create a continuous long-term positive impact that contributes to stimulating global economic growth.
AIM Global Foundation participates at the 2024 World Entrepreneurs Investment Forum
The 2024 World Entrepreneurs Investment Forum, held under the theme “Achieving the SDGs through Fostering Innovation and Economic Growth,” provided an opportunity for experts and investors worldwide to connect, exchange experiences, and acquire knowledge and skills.
The forum aimed to enhance joint coordination between governments and the private sector to continue stimulating the development of the entrepreneurial environment and building the competitiveness of economies, which drive global economic growth through direct and indirect investments.
Dawood Al Shezawi, President of AIM Global Foundation and AIM Congress, highlighted the importance of seizing promising investment opportunities between the Gulf countries and African nations through such significant forums.
These forums bring together trade delegations under one roof for communication, dialogue, and exploring ways of joint work and partnerships to strengthen economic relations.
Dawood Al Shezawi represented AIM Global Foundation during his participation in the panel discussion titled “Building Sustainable Partnerships, Creating a Brighter Future for Arab and African Entrepreneurs.”
The session highlighted the necessity of ensuring the development of the private sector through establishing links and joint investments and facilitating trade between Arab and African entrepreneurs to achieve shared prosperity for all.
The discussion covered other key topics, including entrepreneurship and innovation, and the development of the private sector as drivers of change in Africa. It also addressed financing and resource mobilization to achieve inclusive financial access, mitigating risks for entrepreneurs and micro, small, and medium enterprises, regional value chains, and special economic zones.
Read also: Sustainable solutions: AIM Congress 2024 focuses on agriculture, health and investment
Unleashing Arab-Africa joint investments
Additionally, best practices and experiences from Africa and the Arab region were exchanged on ways to stimulate and unleash entrepreneurship, joint investments, and trade. The session also discussed challenges, opportunities, threats, and the path towards achieving Arab-African economic integration.
It is worth mentioning that the annual AIM Congress, one of the key initiatives of AIM Global Foundation, has a dedicated track for small and medium enterprises (SMEs). In this track, the Entrepreneurs Investment Summit is organized, aiming to create a specialized platform for promoting investable opportunities led by entrepreneurs or SMEs.
In addition, AIM Congress facilitates the exchange of best practices and experiences on ways to stimulate and unleash entrepreneurship and joint investments. It also addresses the challenges, opportunities, and risks facing the entrepreneurial community and discusses the best path forward to achieving economic integration.
The economic ties between Africa and the Gulf Cooperation Council (GCC)—comprising the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, and Oman—are set to experience substantial growth. This expansion is fueled by shared goals in diversification, investment, and sustainable development. Notably, last year saw GCC companies announce a total of 73 Foreign Direct Investment (FDI) projects in Africa, with a total value exceeding $53 billion.
This burgeoning Africa-GCC economic relationship, bolstered by their geographical proximity, is centered on tackling key challenges such as food security, the energy transition, and infrastructure development.
