Dubai: Ahead of the 2nd Africa Global Business Forum (AGBF) this October, the Dubai Chamber of Commerce and Industry, in collaboration with the Economist Intelligence Unit (EIU), has developed a detailed study highlighting economic and investment potential in Sub-Saharan Africa and its potential to become the world’s fastest growing region.
Hamad Bu Amim, President and CEO, Dubai Chamber, said the AGBF will shed light on the economic and investment realities in Africa and will give business leaders and decision-makers from Africa, Dubai and the wider GCC region an ideal platform to discuss business partnerships and opportunities.
Also, challenges, opportunities and cooperation between Africa and Dubai based companies will be discussed further by leaders and businessmen attending AGBF, he said.
The President and CEO of Dubai Chamber further stressed that this study is one in a series of studies on Africa developed by the Chamber, and is aimed at introducing businesses in Dubai to investment opportunities available in the continent.
Non-oil trade between Dubai and South Africa accounted for almost Dh8.1 billion in 2013. Imports reached around Dh5.5 billion and exports and re-exports around Dh2.6 billion. Traded commodities included prepared food stuff, vegetable products, chemicals, minerals, textiles, vehicles, machinery and electronic equipment. South Africa ranks 37th on the list of Dubai trade partners.
