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Zimbabwe Is Seducing Rich Emiratis For Investment

Zimbabwe Is Seducing Rich Emiratis For Investment
Nov 18, 2019 · 2m 47s

Zimbabwe intends to lure cash-rich investors from the United Arab Emirates (UAE) to exploit opportunities in mining, tourism, and manufacturing when it engages them at the 5th Global Business Forum...

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Zimbabwe intends to lure cash-rich investors from the United Arab Emirates (UAE) to exploit opportunities in mining, tourism, and manufacturing when it engages them at the 5th Global Business Forum on Africa 2019 in Dubai. The GBF Africa, which starts today and ends tomorrow in Madinat Jumeirah, Dubai, encourages international revenue flows into Africa by engaging decision-makers on the global investment scene. The Dubai Chamber of Commerce and Industry is organizing GBF Africa 2019 under the theme, "Scale-Up Africa", which underscores the centrality of cross-border cooperation in supporting and scaling up Africa's next phase of sustainable economic growth and development. President Mnangagwa arrived in Dubai yesterday accompanied by a number of captains of industry for the business forum, which will also be attended by several African leaders. The captains of industry will join their counterparts from across the continent to deliberate on potential tie-ups with UAE investors, and market potential in Zimbabwe. High-level public and private sector stakeholders from many African countries, including former Heads of State, CEOs, entrepreneurs, industry experts, and economists, are set to exchange ideas in Dubai from today. Mr. Hamad Buamim, president and CEO of Dubai Chamber, has indicated that since inception, GBF Africa has served as a catalyst for UAE-Africa economic cooperation and business exchange. He said the 5th edition will highlight new high-potential areas where African companies can collaborate with their UAE counterparts to create new business opportunities and capitalize on existing trade and investment potential. Dubai-Africa non-oil trade has increased steadily in recent years, a development showing the expanding trade ties and growing business confidence between the two sides. GBF Africa 2019 is expected to have interactive sessions and panel discussions focusing on entrepreneurship, innovation, game-changing partnerships, success stories, opportunities, and challenges.
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Author Africa Business Radio
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