Mohammed bin Rashid makes Africa Global Business Forum annual event

WAM DUBAI: Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has ordered the organisation of the Africa Global Business Forum as an annual event in Dubai, as from next year 2014.

The decision stems from Sheikh Mohammed Bin Rashid’s belief in the importance of this forum, the level of participants and attendance as well as the role it plays as a platform for decision makers and business leaders for exchanging ideas, expertise and viewpoints on the best ways to launch joint investments in African in general and in the 19 member states of the Common Market for Eastern and Southern Africa (COMESA).

The decision was announced as His Highness Sheikh Mohammed bin Rashid attended an interactive session on the meeting opening today of the 2-day high profile forum in presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy ruler of Dubai and Chairman of the Dubai Technology and Media Free Zone Authority, ministers and business leaders from the UAE and Africa.

The two-day Africa Global Business Forum 2013 is being held at Madinat Jumeirah under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.

Speeches were delivered at the event by Amelia Kyambadde, Minister of Trade, Industry and Cooperatives of the Republic of Uganda and Chairperson of the COMESA Council of Ministers and other African senior officials.

Kyambadde said: “We came to Dubai to learn from its leader and to benefit from its pioneering experience in investment in a diversity of sectors, namely infrastructure, airports and seaports, real estate, finance, tourism, security and others.” COMESA has all the raw materials and the elements needed for development and growth, but we need a strong will, farsightedness and a prudent vision. We have to learn all this from Dubai. Today we have this historic opportunity to tap this experience which is outstanding in the region and the rest of the world, she remarked.

“Thank you Your Highness. We greet you for your miraculous achievements. African can learn from your strong will, powerful decisions and farsightedness,” she added.

As the interactive session closed, Sheikh Mohammed greeted the participants and wished them success in their efforts to come up with common visions in service of their peoples and countries.

He noted that Dubai seeks to make people happy and provide them with dignified life for all its nationals and all members of the community.

The Africa Global Business Forum 2013 Dubai-COMESA: Bridging the Continent to the World brought together more than 2,500 decision-makers and business leaders, including 30 government ministers from the UAE and across Africa to discuss current challenges and business opportunities in finance, agribusiness, logistics, and trade across the economic blocs of the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC), the South African Development Community (SADC), the Indian Ocean Commission (IOC), the Economic Community of West African States (ECOWAS), Economic Community of Central African States (ECCAS), and Intergovernmental Authority for Development (IGAD).