The Australia-Africa Economic Forum will be organized to enhance business relations between Australia and Africa, and the
both are working together to advance the mutual benefit of the two continents.
The event holds a reputation for its provision of valuable up-to-date
information on trading and investing in Africa.
According to a joint submission to the
senate standing Committee on Foreign Affairs, Defense and Trade inquiry into
Australia's trade and Investment relationships with African countries, the
Australian Trade and Investment Commission (AUSTRADE) and the Department of
Foreign Affairs and Trade (DFAT), Australian companies has to increase trade
engagements with Africa. Hence, the Australian Government is committed to a
long term ties of friendship and cooperation with the countries of Africa and
is acknowledged as a valued partner.
Africa has been described to be the frontier of the
global economy and Australia’s business and investment interests in Africa are
worth over tens of billions of dollars. It’s not just about the resources
sector either-Australian involvement in African economies in increasingly
reaching into other areas including education, health and the arts
Globe Chamber of Commerce and
Industry will be organizing the Australia-Africa Economic Forum. It will
be done in partnership with the Ministry of Foreign Affairs (Nigeria) and
Austrade, DFAT and state governments of Australia to identify and promote
business opportunities and also advocate for a predictable market-oriented
operating environment.
It will be a public private Joint partnership for the purpose of business growth and development between countries in both continents with emphasis on Foreign Direct Investment, project development, Trade, Investment that will bring about an increase in the African Economy.
Participants and Businesses that get
involved will have the opportunity to raise their business profiles, they will
also be exposed to knowledge sharing between both continents and meet with
potential international business partners for both Governments, the
Economic Forum has the following advantages:
· Strengthening
government-to-government engagement
· Expanding economic
diplomacy
· Fostering stronger
private sector linkages
· Addressing
business risk factors in Africa and Australia
The event will be held in Sydney, Australia from the 25th to 30th of April 2022.
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