Browsing: Dubai Chamber of Commerce and Industry


With the sixth edition of the Global Business Forum Africa event series set to run this year from October 13–14, 2021 in the United Arab Emirates (UAE), businesses from Africa are increasingly looking at Dubai as a gateway for them to expand into markets across the GCC, Asia, and Europe.

Dubai’s focus on the African continent has been evident through GBF Africa, which aims at bringing the trade and investment community back together to explore bilateral trade opportunities between Dubai and Sub-Saharan Africa.

This year’s Forum is held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

UAE has served as a hub that global businesses have used to launch and run their operations in the African continent for a number of years now.

According to  Dubai Chamber of Commerce and Industry’s Director of …

Uganda’s innovation push is driving development - The Exchange
Uganda’s use of innovation to solve social challenges drive its development and creates new employment opportunities, Dr. Ruhakana Ruganda, Prime Minister of Uganda, said during the Global Business Forum Africa, GBF Africa 2019, in Dubai.
Speaking during an opening session, Dr. Ruganda discussed on how Uganda is fostering innovation and technology to unlock its economic potential.
He gave an example of mobile technology being used to register and track valuable data, improve access to education and address existing issues.
“These efforts in innovation taking place in Uganda – especially by the younger generation – are also being replicated in similar settings in a number of African counties in East Africa, Southern Africa, West Africa and North Africa,” Dr Ruganda said.
While discussing Uganda’s need to create 600,000 jobs every year for the next 10 and Uganda’s new programme set to embrace the Fourth Industrial Revolution, Dr
Zimbabwe open for trade

For years, Zimbabwe has faced strict trade restrictions as the international community felt there was a gross violation of human rights and political freedoms. This has left Zimbabwe alienated from the league of nations as well as low international trade.

But now, the political times have changed and Zimbabwe is now declaring that it is open for business. The country is committed to creating conducive conditions and incentives for investors, according to Zimbabwean President H.E. Emmerson Mnangagwa.

Speaking at the just-concluded Global Business Forum Africa 2019 in Dubai, Mnangagwa discusses economic reforms in Zimbabwe and new business opportunities emerging across the country.

During an interactive session on the first day of the forum, H.E. Mnangagwa explained that economic zones are being created in Zimbabwe as the government looks to attract foreign investment. He stressed the importance of developing new initiatives that invest in skills development and human capital.


Its 200 Golden Residency Visas in Dubai for African investors

Dubai Chamber of Commerce and Industry has announced that it has signed a memorandum of understanding (MoU) with the General Directorate of Residency and Foreigners Affairs (GDRFA) and Dubai Free Zone Council to launch the “Be Part of Dubai” initiative which will see 200 prominent African investors receive UAE Golden Residency Visas.

The MoU, signed at a launch ceremony held on the sidelines of the Global Business Forum Africa 2019 in Dubai, supports ongoing efforts to attract and retain high net worth businessmen from Africa by providing them with an easy and streamlined way to obtain long-term visa residency visas and significantly contribute to Dubai’s economy.

The initiative aims to improve investor confidence in Dubai, by providing more certainty and flexibility for African investors and their families who plan to live or travel to Dubai, while it’s also expected to facilitate and boost investment flows between the emirate and the …

Kenya's Twiga Food attributes growth to staff empowerment

Twiga Food, the Kenyan company which is increasingly getting the attention of key global investors has attributed the growth to the manner it incorporates staff in partial ownership of the company that drives growth.

The company CEO and co-founder Peter Njonjo spoke at Dubai during the Global Business Forum Africa 2019 where African businesses are pitching their ideas to Emirati investors.

Njonjo noted that currently there are 8 people in management who receive stock options and expressed his hope that during their next round of raising capital, they want to increase this number of staff to 30 people.

“Empowering your employees to be entrepreneurs within the business is imperative to its success,” added Njonjo.

When asked what made him leave the comfort of a multinational company to venture into the world of entrepreneurship, Njonjo replied: “It got to a point where there were a good number of investors who were …

Emirati and African women in business to establish joint projects

Women leaders drawn from Africa and United Arab Emirates have called for a new era of active collaboration between female entrepreneurs in the UAE and Africa, highlighting the similarity in synergies between businesswomen in both regions and the importance of drawing on these strengths to create ambitious projects and initiatives.

In a speech delivered by H.E. Dr. Raja Al Gurg, President of Dubai Business Women Council (DBWC) at an event on the sidelines of fifth edition of the Global Business Forum on Africa (GBF Africa 2019), organised by Dubai Chamber under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It was delivered in the presence of Fatima Maada Bio, First Lady of the Republic of Sierra Leone and, as well as an array of Emirati and African women entrepreneurs.

During her speech, H.E. Al Gurg underlined …

Africa leaders in Dubai discuss harnessing technology

African governments are harnessing digital technologies to support ongoing reforms and better serve the interests of citizens, according to industry experts at the Global Business Forum Africa 2019 in Dubai.

Innocent Muhizi, CEO, Rwanda Information Society Authority who spoke during a session entitled Rethinking Government – Working with the New Guard, explained how the government agency partnered with companies to develop an e-procurement platform that handles proposals and contracts and said the government in Rwanda operates like a private sector entity by setting KPIs and working towards ambitious targets.

Hon. David J. Francis, Chief Minister, Republic of Sierra Leone, noted that his country was in the process of creating a “new direction government” built around digital innovation, science and technology. He explained that his department has piloted iPads to reduce stationery, introduced an automated public expenditure policy and expanding internet and mobile coverage, providing real-time data to citizens – …

Dubai Chamber releases report on business trends in Africa

The Dubai Chamber of Commerce and Industry in cooperation commonly referred to as Dubai Chamber has released a white paper in which it identifies key business opportunities and trends in Sub Sahara Africa ahead of the Global Business Forum Africa 2019.

Growing momentum behind regional integration, economic reforms, technological advances, and infrastructure development are among the key factors fuelling business growth in sub-Sahara Africa, according to a new whitepaper. The report was released by Dubai Chamber with the Economist Intelligence Unit (EIU).

Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favourable business environment, supporting the development of business, and by promoting Dubai as an international business hub.

The report, entitled Promise and Perils: Scaling up businesses in sub-Sahara Africa, sheds light on the …

African leaders descend into Dubai for the Global Business Forum Africa

The United Arab Emirates (UAE) has joined a growing list of countries that are yearning to tap into the numerous opportunities within the African continent as well as boost trade and development. Heads of state, ministers, policymakers, prominent business leaders, investors and entrepreneurs from Africa are descending on Dubai for the two-day Global Business Forum Africa 2019.

Held under theme “Scale-Up Africa”, the fifth edition of the forum is organised by Dubai Chamber of Commerce and Industry (Dubai Chamber) under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

GBF Africa 2019 is the largest event of its kind in the region, focusing on Africa’s vast economic potential and exploring new avenues of cooperation between UAE businesses and their African counterparts. Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose …

Global Business Forum Africa 2019 to highlight 40 speakers

The forthcoming Global Business Forum Africa (GBF Africa) in Dubai will feature 40 prominent speakers and 26 interactive sessions.

Among the high-level participants headlining the event are the presidents of Liberia, Zimbabwe and Seychelles and Reem Al Hashimy, Minister of State for International Cooperation and Director-General of Expo 2020 Dubai.

The President of Liberia H.E. George Weah will lead a session entitled “Unleashing Liberia’s Potential” where he will discuss his plans to unlock growth prospects for Liberia and opportunities for young entrepreneurs to become key contributors to the economy.

H.E. Emmerson Mnangagwa, President of Zimbabwe, will join a discussion focusing on potential opportunities to revitalise Zimbabwe and the role that entrepreneurs and investors can play in addressing pressing challenges such as power shortages, water and fuel. He will also venture in the topics of food security, healthcare and job creation.

H.E. Danny Faure, President of Seychelles, will focus on …