Today: 5 May 2025
23 May 2024
2 mins read

Dubai showcases competitive advantages at Africa CEO Forum

The Dubai Chambers delegation held a number of bilateral meetings with African government delegations, multinational companies, and major African and international institutions…reports Asian Lite News

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.

The delegation was led by 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 titled ‘Decisive Decade for Intra-African Trade: Can the AfCFTA Deliver?’, the President and CEO of Dubai Chambers emphasised the important role Dubai plays in strengthening trade ties between Africa and the world. He highlighted the contribution of the representative offices operated by Dubai International Chamber, one of the three chambers under the umbrella of Dubai Chambers, in consolidating partnerships between the private sector in Dubai and the African business community.

Dubai International Chamber currently operates seven representative offices across Africa, which is the chamber’s highest number of international offices in any region globally. This reflects growing interest in African markets and the continent’s position as a vital strategic trade and investment partner for Dubai’s private sector.

African markets accounted for 13.3 percent of Dubai’s total non-oil trade with the world in 2023, up from 8.9 percent in 2014. Dubai’s non-oil trade with Africa is expected to grow further in the coming years driven by several key factors, most notably the African Continental Free Trade Agreement.

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). Recognised as one of the largest business forums dedicated to Africa, the event addressed a range of topics including investment, climate, information technology, economic integration, infrastructure, trade, and artificial intelligence.

ALSO READ: UAE, EU presidents discuss regional developments

Previous Story

UAE among top three global commodity trading hubs

Next Story

UAE launches initiative to support flood-hit Brazilian state

Latest from -Top News

UAE Reopens Doors to Lebanon

The prime minister expressed Lebanon’s “utmost gratitude and appreciation to the UAE” and President Sheikh Mohamed bin Zayed Al Nahyan….reports Asian Lite News Lebanon welcomed the decision by the United Arab Emirates

SYRIA RAIDS: Arab League Slams Israel

The Arab League condemned the airstrikes and called on the international community and the United Nations to confront what it described as “repeated violations committed by Israel against the Syrian state.” The

India Rises, Africa Watches 

While struggling economies in Africa engulf themselves in ideological battles and take sides in the tariff battles, nations like India are placing their national interest first and navigating Global Trade challenges in

WAVES 2025: Jaishankar Advocates Cultural Pluralism

External Affairs Minister S. Jaishankar delivered a powerful address at the WAVES 2025 Global Media Dialogue, highlighting the significance of cultural pluralism in shaping global change. Speaking on the second day of
Go toTop

Don't Miss

Dubai unveils value-based healthcare programme

The Dubai Health Authority (DHA), which regulates the health insurance

VP orders aid planes to help civilians

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime