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Dubai To Host ’Africa Investment Conference’ |
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On Wednesday, the fifth "Africa Investment Conference" will be held at the Four Seasons Resort in Dubai. The two-day conference, which will be hosted by the African Legal Network, aims to promote investments in Africa and encourage discussions on critical issues facing the continent, and is expected to attract more than 400 representatives and will include speakers from many companies, government departments and research centres. Africa is currently the second fastest growing region in the world and has attracted foreign investments worth US$42 billion in 2017, including $15.7 billion from the Middle East. Recent Middle Eastern investments in Africa include an investment by DP World worth $50 million earlier this year, which aims to establish a new logistical centre in Mali, as well as the enlargement of the Al Lulu Group in Egypt at a cost of $500 million. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, will be the guest of honour of the conference, which will witness the participation of many government officials and businessmen, as well as Dr. Sheikh Modibo Diarra, Former Prime Minister of Mali and Chairman of the African Legal Network, and Mozi Mimani, Federal Leader of the Democratic Alliance of South Africa, who will speak at the conference. The conference will address the continent’s social, economic and political challenges and the available incentives to promote business in Africa, as well as the efforts to facilitate the entry and expansion of companies that desire to make use of available opportunities and benefit from the Fourth Industrial Revolution. The conference will also include its first discussion sessions for businesswomen, which will discuss their challenges and opportunities. |
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