Dubai Chambers Showcases Dubai’s Competitive Advantages to 2,500 Participants at Africa CEO Forum in Rwanda
May 22 2024 - 10:53AM
Business Wire
Dubai Chambers has successfully participated in the recently
concluded Africa CEO Forum in Kigali, Rwanda, which attracted more
than 2,500 attendees including African presidents, government
officials, and CEOs of major international and African
companies.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240522345630/en/
H.E. Lootah speaking during the panel
session at Africa CEO Forum in Rwanda (Photo: AETOSWire)
The delegation was led by His Excellency Mohammad Ali Rashed
Lootah, President and CEO of Dubai Chambers, who took part in an
interactive panel discussion. Dubai Chambers also organised an
event on the sidelines of the forum to showcase the emirate’s
competitive advantages. The session highlighted the services
available to African companies seeking to expand into global
markets through Dubai, as well as the support provided to African
businesses to help strengthen their trade and investment ties with
companies in Dubai.
The Dubai Chambers delegation held a number of bilateral
meetings with African government delegations, multinational
companies, and major African and international institutions, which
explored strategies to enhance bilateral cooperation and achieve
mutual goals.
During the panel discussion, which was titled ‘Decisive Decade
for Intra-African Trade: Can the AfCFTA Deliver?’ H.E. Lootah
emphasised the important role Dubai plays in strengthening trade
ties between Africa and the world, highlighting the contribution of
Dubai International Chamber’s seven representative offices in
Africa to consolidating partnerships between the private sector in
Dubai and the African business community.
The chamber operates more international offices in Africa than
any other region globally, reflecting the continent’s position as a
vital strategic trade and investment partner for Dubai’s private
sector.
African markets accounted for 13.3% of Dubai’s total non-oil
trade with the world in 2023, up from 8.9% in 2014. This is
expected to grow further in the coming years driven by several key
factors, including the African Continental Free Trade
Agreement.
His Excellency Paul Kagame, President of Rwanda, opened the 11th
edition of the forum, which was organised by Jeune Afrique Media
Group in collaboration with the World Bank Group’s International
Finance Corporation (IFC) and is recognised as one of the largest
business forums dedicated to Africa.
About Dubai Chambers:
Dubai Chambers is a non-profit public entity that supports
Dubai’s vision as a global player by empowering businesses,
providing innovative value-added services, and unlocking access to
influential networks.
Source: AETOSWire
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240522345630/en/
Mohamad Mouzehem PR & Corporate Communications Tel:
+97142028537 Email: Mohamad.mouzehem@dubaichamber.com