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The report notes that figures reveal that the region’s share of Dubai total trade grew considerably over the years. In 2020, it was the emirate’s third-largest trading partner in Africa, with total trade value hitting US$12.2bn. This was a 24.4 per cent share of Dubai’s trade with Africa.

East Africa’s trade with Dubai is relatively balanced.

Imports accounted for 43 per cent of trade activity, while re-exports and exports made up 42 per cent and 15 per cent in 2015-2020. Imports grew 22 per cent in the same period, while exports grew 15 per cent, and re-exports 3 per cent. …

• Over 3,000 delegates from 91 countries attended the 6th edition of GBF Africa
• The high-level event was organised by the Dubai Chamber at Expo 2020 Dubai
• There was a record number of 550 bilateral business meetings conducted at GBF Africa

The UAE has reinforced its commitment to expanding its economic ties with Africa and highlighted the importance of international cooperation in creating new growth opportunities.

Speaking at the 6th Global Business Forum Africa, H.E. Sheikh Shakhbout bin Nahyan Al Nahyan, UAE Minister of State said that the UAE will remain committed to strengthening trade partnerships with Africa.

“It is undoubtedly our duty and responsibility to stand together and support one another in the face of adversity and hardships,” asserted H.E. Sheikh Shakhbout bin Nahyan said.

Read: Dubai is Africa’s gateway to the world

“Trying times like these can only reinforce the strong bonds that we have built over the years, …

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 …

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 …

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 – …

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 …

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 …

As one of the leading international centers of business, Dubai has positioned itself as a major commercial hub globally. Entrepreneurship stands as a hallmark of distinction, and the Dubai Chamber of Commerce and Industry has been a leading dynamic in enabling business growth, innovation and expansion, not only within Dubai, but worldwide.

Under the leadership of President and CEO H.E. Hamad Buamim, the Dubai Chamber of Commerce and Industry has been instrumental in expanding relations between the world and Dubai, and this year in November 2019, it will host the upcoming Global Business Forum Africa (GBF Africa).

With more than 17,000 African companies already registered as members of the Dubai Chamber of Commerce and Industry, the upcoming GBF Africa, under the theme of “Scale-up Africa”, seeks to play a critical role in bridging greater business ties between Dubai and Africa. With economic development poised to grow exponentially in the continent …