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Browsing: United Arab Emirates (UAE)
Trade and investment between Kenya and the United Arab Emirates is set for a major boost after chambers of commerce from the two countries reached a new agreement.
The Sharjah Chamber of Commerce & Industry and Kenya National Chamber of Commerce and Industry have signed an MoU to open a satellite trade office in the United Arab Emirates.
READ ALSO:Kenya seeks mineral market in the United Arabs Emirates
The agreement will enable and provide strategic bilateral cooperation between the business communities in Kenya and UAE with an objective to foster cooperation in trade, investment, joint activities, information and services and trade policy support programmes.
The agreement was announced at the UAE-Kenya Trade and Investment Forum where Kenya hosted a delegation of over 20 top companies from the United Arab Emirates.
READ ALSO:UAE tightens its grip over Zanzibar
The Forum organized by Sharjah Chamber of Commerce & Industry and …
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 …
United Arab Emirates (UAE) has been strengthening its presence in Mozambique with it becoming the third-largest exporter of diverse products to Maputo in 2018.
The UAE investment level approved by the Agency of Investment and Export Promotion (APIEX) reached over $1 billion between 2014 and 2018, with 20 companies from the UAE investing in Mozambique market.
Abdulla Momade, representative of the Dubai Chamber of Commerce in Maputo said that their investments in Mozambique have focused on energy, logistics and real estate.
Looking at commercial transactions, the volume of trade between Mozambique and the United Arab Emirates is reported to be around US$700 million. In 2018 alone, trade between the two countries was US$500 million.
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The Persian Gulf country exports to Mozambique products such as lubricants, various machinery and motor vehicles while it buys from Mozambique ores, tobacco, aluminium, precious stones …
Dubai sits at the crossroads of Africa, the Middle East, Asia and Europe. To say that this is a strategic location would be a major understatement. This city is an incredible story of entrepreneurial success and has become an inspiration for African countries and other developing nations across the globe.
In anticipation of the 2019 edition of the Global Business Forum Africa in Dubai (GBF Africa), FurtherAfrica had the privilege of talking to the man leading an institution that plays a fundamental role in supporting the development of Dubai’s business community. His Excellency Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry has been at the helm of the non-profit public organisation since 2006. International expansion is a major focus for Dubai Chamber which operates 10 representative offices around the world, including 4 in Africa.
Since it began building its presence in Africa, the …
The third edition of the China Trade Week (CTW), a “One Belt, One Road” initiative inspired event will take place in Ethiopia from May 2 to 4 at the Millennium Hall in Addis Ababa.
MIE Groups, the founder of the conference will host the three-day event in collaboration with the Ethiopian Prana Events.
Established in 2013, China Trade Week had its first event in the United Arab Emirates (UAE) which was warmly welcomed by the local business community, it was followed by the first African event in Kenya in 2015 which had an even bigger response. It later debuted in Ethiopia in 2017.
The trade fair seeks to pull over 100 investors and exhibitors from sectors including construction materials and machinery, lighting and energy, clothing and textiles, electrical goods and electronics, automotive parts and accessories, health and beauty, print, packaging and plastic, baby and infant products and food and beverage.…