EU-TAF support to the AfCFTA’s Post

Africa -U.S. Business Summit in Dallas-Texas: Monday, May 6, 2024 - Thursday, May 9, 2024  The Africa -U.S. Business Summit is a prestigious gathering that brings together African and U.S. senior government officials, private sector executives, international investors, entrepreneurs, and multilateral stakeholders from both sides of the Atlantic. This year's event promises to be the most dynamic and engaging yet, offering unparalleled opportunities for networking, collaboration, and knowledge-sharing. Africa stands at a crossroads. The continent brims with immense potential: innovative tech sectors, a dynamic young population, and rising global interest in its markets. Yet, pressing challenges threaten to derail progress: climate change devastates communities, unsustainable debt limits growth, and lack of opportunities for youth creates social instability. Africa's steadily growing economic and political relevance in the international community continues to increase. This is also evident at multilateral conferences. In the past year, African players have appeared on the world stage more frequently, more cohesively and more confidently than ever before. The key question: How can African nations harness their strengths, navigate global volatility, address the climate crisis, and unlock the power of their youth to drive sustainable, inclusive growth? #Africa #USA #Summit2024 #BusinessCorporation #Partnership #WinWin

The United Arab Emirates and Hungary Unite to Ignite Economic Innovation and Growth! The economic partnership between the UAE and Hungary involves significant economic principles such as international trade, investment, and cooperation. By focusing on sectors like clean energy, logistics, and space science, both countries aim to diversify their economies and enhance their competitiveness. The agreement underscores the importance of creating a favorable business environment, encouraging foreign investment, and fostering innovation. The partnership also highlights the role of strategic alliances in driving economic growth and sustainable development through shared expertise and resources. Reported by: Abigail Chidera Eresama

Unlocking the potential of global markets requires more than just strategy—it demands a deep understanding of diverse economic landscapes and the ability to foster cross-border collaborations. At Asimol Global Group, we bridge these gaps with insightful solutions that drive sustainable growth and innovation. Join us for an unprecedented gathering of business leaders, innovators, and visionaries at the U.S.-Africa Trade Mission from August 12th to 16th, 2024. Set against the dynamic backdrops of Philadelphia, Harrisburg, and Washington D.C., this landmark event is designed to strengthen economic ties and enhance bilateral business between Africa and the United States. Don’t miss this opportunity to be part of a transformative experience that will shape the future of global trade. #GlobalBusiness #CrossBorder #EconomicGrowth #Innovation #AsimolGlobalGroup #SustainableDevelopment #TradeMission #USAfrica

++ President Cyril Ramaphosa Champions Stronger South Africa-China Economic Ties at Business Forum ++ In a keynote address at the Africa-China Business Forum held in China, South African President Cyril Ramaphosa highlighted the critical importance of strengthening trade and investment ties between South Africa and China. The forum, hosted on the sidelines of the Forum on China-Africa Cooperation (FOCAC) summit and a State Visit, provided an opportunity for business leaders and policymakers to discuss avenues for collaboration in key sectors. President Ramaphosa emphasized South Africa’s diversified and advanced economy, underlining its strategic position as a gateway for Chinese companies looking to expand into the African continent. He noted that China remains South Africa’s largest trading partner, with bilateral trade growing by a third since 2019. South Africa primarily exports minerals and agricultural products to China while importing mainly manufactured goods. #techafricanews #africa #southafrica #advanced #economy #collaboration #cooperation #key #sectors

JOURNAL ARTICLE | CHINA-AFRICA DIGITAL COOPERATION Dr Sizo Nkala’s published journal article with Africa Insight. This paper takes stock of digital cooperation between China and Africa which has gained strategic significance in the last two decades. It zooms in on specific areas of cooperation, such as digital infrastructure, digital content, and digital skills development, which have had a significant impact on the continent’s digital economy. The paper notes that digital technology is not value-neutral. African countries must still ensure that the technology they import from China aligns with African values and interests. #China-Africa #Sino-Africa #DigitalColonialism #DigitalCooperation University of Johannesburg Sizo Nkala

The Gathering of Africa's Leaders: Who Truly Charts Africa's Future? Year after year, we witness African leaders being invited to sit at the tables of some of the world's most powerful nations. This week, the focus is China, where discussions about Africa’s future are underway. But it begs the question: Are other nations making plans for Africa while the continent itself struggles to define its own direction? Don't get me wrong—it's essential to engage global investors and seek collaboration. But if these talks ultimately result in wealth being transferred out of the continent, how much are we truly benefiting? Africa’s 1.4 billion people deserve growth and prosperity created within the continent, not at its expense.Africa needs a bold, strategic plan—and fast. If we don't take ownership of our future, others will continue to draw the map for us. What do you think? How can African nations best position themselves to lead their own development? Let’s discuss. https://lnkd.in/edGBQggD

Harnessing the momentum from the recent FOCAC Summit, ITC’s Office for Africa held strategic discussions with the Chinese delegation to turn bold commitments into action. At the summit, China pledged an additional $10 billion in financing for African countries, with a clear focus on boosting trade and investment across the continent. Our meeting focused on translating these commitments into results that matter. Through leveraging China’s promise to expand market access for African goods and services, enhance capacity-building programs for African SMEs, and improve trade logistics, impact on communities and the planet, we aim to build the foundations for long-term, sustainable growth. Africa-China trade has already surpassed $254 billion in 2021, and with initiatives like the AfCFTA, we should aim to unlock even greater potential. The alignment of China’s support with Africa’s priorities under the AfCFTA creates a unique opportunity to integrate African businesses into global value chains, driving innovation, industrialization, and job creation. ITC is committed to working with both partners to develop tailored interventions that ensure these opportunities are fully realized for African businesses, particularly for women and youth entrepreneurs, and to maximize intra-African trade. The ultimate goal being to create a path towards a prosperous and self-reliant Africa. A path to a shared future as H.E. President Xi Jinping rightfully stressed. Cheers to (continue) redefining development cooperation, partic. between these two giants and longstanding partners. Aissatou Diallo Ashish Shah Lily Sommer Claire Burgio Aklile M Habtemariam Sylvie Bétemps Cochin Faith Tigere Pittet #FOCAC2023 #AfricaTrade #ChinaAfricaPartnership #SMEs #AfCFTA #TradeForDevelopment #ITC #sdgs #GlobalValueChains #YouthEmpowerment #WomenInTrade #InclusiveGrowth

📢 As the "Eastern Direction: Current trends and attractive paths of foreign expansion in the face of geopolitical instability" conference 🚛🌍 draws near, we encourage you to save your spot and register.✍🏼 📅 Save the date: June 5, 2024 🕒 Starting at 9:00 AM 📍Location: Lubelskie Centrum Konferencyjne 🎯 Our mission: To ignite enthusiasm and inspire international growth among companies from #Lublin and beyond, while dismantling barriers to global engagement. Here's a sneak peek of what is planned: ✅ 9:00 - Conference opening ✅ 9:15 - Directions of SME expansion - a view from Lublin ✅ 9:25 - Presentation of the Report "Direction: East. Current trends and attractive directions for foreign expansion in the face of geopolitical instability" ✅ 9:45 - Foreign expansion support system. The role of development institutions. ✅ 10:15 - Overview of the political-economic situation. Political stability, level of corruption, quality of institutions, trade exchange with Poland, development trends – Bulgaria, Czech Republic, Romania, Serbia, Slovakia. ✅ 10:30 - Lublin in foreign markets. Current trends in export by companies from the Lublin Metropolitan Area ✅ 10:45 - "Export - the effort pays off" ✅ 10:55 - Coffee break ✅ 11:20 - Ukraine calling - business voices from Ukraine ✅ 11:35 - Panel: UKRAINE - Not if, but how! Current opportunities and challenges of business expansion in Ukraine will be discussed by experts and experienced owners and CEOs with years of experience in the Ukrainian market. ✅ 13:00 - Lublin Export Support Platform - presentation and invitation to upcoming events ✅ 13:15 - #GovHelpGROW Spot. Register now and check the agenda on our website: https://lnkd.in/dnNJSBHn See you there❗ Mariusz Sagan, PhD Robert Żyśko Sławomir Roszczenko Przemysław Gruba Marcin Garbowski Marta Sztandarska Oliwia Wójtowicz Marzena Strok-Sadło Aldona Kozak Mariusz Włosek Marshal Office of Lubelskie Voivodeship Wyżyna Przemysłowa Modern Expo Polski Związek Pracodawców Budownictwa JSC KREDOBANK Uniwersytet Marii Curie-Skłodowskiej w Lublinie Katolicki Uniwersytet Lubelski Jana Pawła II Polish Investment and Trade Agency (PAIH) Bank Gospodarstwa Krajowego Agencja Rozwoju Przemysłu S.A. Lokalna Organizacja Turystyczna Metropolia Lublin Mateusz Walewski Bogdan Zawadewicz Bogdan Łukasik Markiyan Malskyy Jan Styliński Wojciech Tarasiuk Dawid Sikorski Marcin Prusak Wojciech Jabłoński Pawel Pasierbiak Jarosław Kuśpit Jakub Olchowski Krzysztof Raganowicz

I've just authored this piece in Economy Middle East on the growing coordination between the UAE and Rwanda (which mirrors deep historical ties). While studying economic development in university I used the UAE and Rwanda as my two key case studies to present a view on "culturally inclusive development" - looking at development as increasing not only economic indicators but also societally specific quality of life indicators. I've spent the 13+ years since living and working between UAE and East Africa and believe more strongly than ever that these areas are doing development right! Please share your comments with me as it's a topic I love to discuss - the precis and 1st paragraph copied here below: As the world shifts towards a multipolar reality, the Global South’s influence is rising. Countries across Africa, the Middle East and Asia are not only recognizing their individual value but also their collective strength when working together. Rwanda’s emerging economic partnership with the UAE is a powerful example of this, rooted in historical trade ties within the Indian Ocean, connecting Africa to the Middle East, India, and Southeast Asia.

In today's fast-paced world, it is evident that we, as a society, have demonstrated remarkable resilience, innovation, and adaptability. These qualities have been crucial in overcoming challenges and navigating through uncertain times. Consult Afrika explores this topic on the blog article https://buff.ly/43VHoXK #consultafrika #innovation