Hamdan bin Mohammed: With concerted efforts, we will build a future that lives up to the expectations of our peoples
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His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, stressed that the opportunity exists today more than ever to advance the ties of cooperation and partnership between the UAE and Dubai, with most African countries against the background of rapid global development and the many opportunities it brings. Despite the exceptional challenge that the world has witnessed over the past two years, especially with the start of global recovery, and the collective desire to accelerate development rates by creating more partnership and cooperation frameworks that ensure countries increase the use of available resources, develop them and rationalize their employment in the service of sustainable development goals.
His Highness stressed that the "African Global Business Forum" represents an ideal platform to discover new paths of cooperation through which to deepen partnership ties with the African continent, with its large and promising growth potential, where Dubai can, based on its position as a major center for trade and business in the region, Providing great added value based on its distinguished development experience by placing its expertise at the disposal of partners from different parts of Africa to support development trends in many areas.
His Highness said: "We look forward to working with our partners in Africa to discover and activate new paths of cooperation and build strategic partnerships that support the directions of sustainable development... With concerted efforts and integration of visions, we build a future that lives up to the expectations and aspirations of our peoples for a tomorrow full of opportunities for success."
This came during the presence of His Highness the Crown Prince of Dubai, accompanied by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, and His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Supreme Chairman of the Emirates Group, and Chairman of the Higher Committee of Expo 2020 Dubai. And His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, as part of the work of the "African Global Business Forum", which launched its sixth edition today (Wednesday) in Dubai and is organized by the Dubai Chamber in cooperation with "Expo 2020 Dubai" under the slogan "Trade leads the future of economic transformations". It concludes tomorrow (Thursday).
The forum was also attended by Reem bint Ibrahim Al Hashimi, Minister of State for International Cooperation, Director-General of the Expo 2020 Dubai Bureau, Mohammed Ibrahim Al Shaibani, Director-General of the Court of His Highness the Ruler of Dubai, Secretary-General of the Executive Council of Dubai, Abdullah Mohammed Al Basti, and Chairman of Chambers. Dubai”, Abdulaziz Abdullah Al Ghurair, and a number of general managers and officials.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum attended a session in which Felix Tshisekedi, President of the Democratic Republic of the Congo, spoke and discussed with Reem Al Hashemi, how Emirati companies can contribute to stimulating sustainable growth in the Congo, and accelerating regional integration and partnerships through infrastructure, investments and trade.
The session, entitled "Exploring Africa's Capabilities", touched on the efforts made by the Congolese government to develop infrastructure and invest in the fields of hybrid solar energy.
The President of the Republic of Congo said: “We view the UAE as an important partner for the African continent, and through its distinguished capabilities and partnerships with the private sector in it, cooperation in the fields of energy, small and medium enterprises and technology can be strengthened.
We value the specialized events organized by the Emirate of Dubai because of their effective role in creating important partnerships between African countries and the countries of the world, expressing his country’s aspiration to increase the volume of investment and technological exchange.”
He noted that the majority of the African population is young, but their abilities are not being utilized, which calls for attracting more investments to African markets and working on developing their infrastructure, transferring technological knowledge to them to integrate them into the international trade system and creating economies that do not depend solely on imports.
Reem Al-Hashemi explained that the markets of the African continent have witnessed huge growth in the past years, noting that the UAE sees important opportunities in Africa not only in the field of business and trade exchange, but also in the field of cultural and humanitarian relations and cooperation in various fields, especially with regard to the exchange of knowledge and port management. and Mining, noting the value of this forum as well as the opportunity that Expo 2020 Dubai offers to discover more prospects for cooperation with the countries of the African continent.”
The “African Global Business Forum” in Dubai brought together a group of senior government officials and leaders of the financial and business world, to look closely at how Africa is dealing with current challenges, especially those that followed the outbreak of “Covid-19”, to explore the role of innovation, cooperation, and trade in providing Solutions that contribute to accelerating recovery and supporting opportunities for and sustainable economic growth.
The forum discusses growth opportunities in the post-Covid-19 era, through three main pillars, the first of which is “modernization”, which explores policies and regulatory reforms, assesses the economic effects of the pandemic on the region, and how African countries can work together to achieve the goals of the African Continental Free Trade Agreement and enable growth sustainable. The second pillar, 'Development', discusses innovative and sustainable trade and technology models that help restructure businesses, trade avenues, supply chains and distribution on the continent. The third pillar, “Recovery,” highlights the resilience of startups on the continent, the challenges facing their workforce, and the government’s role in providing a supportive infrastructure for business, by assessing shifts in culture and values due to the effects of the pandemic.
Over the past five sessions, the forum has managed to gain a prominent position among decision-makers and those concerned with economic affairs in the Arab region, Africa and the world. African markets, and the great capabilities and solutions provided by Dubai, which help to establish and launch businesses and reach a base of dealers and many markets in the region and the world.
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