Close Menu
    What's Hot

    UAE-Africa Trade: A Strategic Shift in Global Investment

    May 22, 2025

    FarmXic Deploys Soilless Farming Kits to Power Urban Agriculture in Nigeria

    May 19, 2025

    South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

    May 16, 2025
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

      May 16, 2025

      Navigating Challenges in the African Air Cargo Industry

      March 5, 2025

      Driving Growth: African Logistics Sector Harnesses AfCFTA’s Potential

      January 20, 2025
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      UAE-Africa Trade: A Strategic Shift in Global Investment

      May 22, 2025

      Unlocking Africa’s Digital Trade Future: Matta and the Rise of Integrated Marketplaces

      May 14, 2025

      NjiaPay – Bridging Africa’s Fragmented Payment Ecosystem

      May 12, 2025
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      DP World and Nedbank Elevate Trade Finance in Africa

      Finance Trade September 18, 2024
      Recent

      DP World and Nedbank Elevate Trade Finance in Africa

      September 18, 2024

      Arab Coordination Group commits $50 billion for Africa’s sustainable development

      November 13, 2023

      MENAT to see investment flows increase substantially

      September 4, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Business & Trade

    Dubai Chambers registers over 1,600 African companies since October 2021

    June 28, 20223 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    intra-African trade
    Collaborative efforts are essential for enhancing trade across the continent.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Dubai Chambers has revealed that registrations of African companies have risen by 6.5% since GBF Africa was held.

    Dubai Chambers has registered over 1,600 African companies since October 2021. At present 26,420 companies are registered, an increase of 6.5% since the Chamber hosted 2021’s Global Business Forum Africa (GBF Africa) on the sidelines of Expo 2020 Dubai. The event was designed to bring together UAE and African businesspeople and to promote and explore potential business and investment opportunities in the UAE and Africa.

    GBF Africa

    The international forum represented a unique chance to unite African and UAE businesspeople and was held in October during Expo 2020. According to Dubai Chambers, the event was intended to attract companies and foreign investors in order to present investment opportunities and bolster trade.  A total of 550 bilateral business meetings were held around the time of GBF Africa last year, and the event attracted 3,000 participants from 91 countries, 600 of whom attended virtually. H.E. Abdul Aziz Al Ghurair, Chairman of Dubai Chambers noted that Expo 2020 had proved an ideal platform for the promotion of Dubai as a hub for African business.

    Dubai International Chamber

    Dubai International Chamber has offices in Kenya, Ethiopia, Mozambique and Ghana and, according to Al Ghurair, it plays an active role in encouraging and facilitating trade and investment between Africa and Dubai while identifying markets ripe for investment. Al Ghurair also highlighted the organization’s role in attracting African businesses to the Dubai market and connecting local companies with business opportunities emerging across the continent.

    H.E. Hamad Buamim, President and CEO of Dubai Chambers, said that Africa was a market of great importance for Dubai and that Dubai International Chamber had worked to help with the boosting of the UAE’s foreign trade over the last five years. He went on to say that connections made during Expo 2020 and GBF Africa continued to boost bilateral trade and investment.

    Increasing levels of trade

    Dubai Chamber’s international presence is often credited with ensuring that the UAE’s trade balance continues to improve. The Chamber has been heavily involved in talks between Ethiopian businesspeople and their UAE counterparts and trade between the two states has reached over USD 2.5 billion in the past five years, according to the Ethiopian Ministry of Trade and Regional Integration.

    Last month, according to reports, the UAE’s non-oil foreign trade reached a record level of USD 136 billion in Q1 2022.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleGrubTech: Transforming restaurants and cloud kitchens
    Next Article Bahrain hosts Egyptian delegation as trade soars

    Related Posts

    Business & Trade Trade

    UAE-Africa Trade: A Strategic Shift in Global Investment

    May 22, 2025
    Business & Trade Trade

    Unlocking Africa’s Digital Trade Future: Matta and the Rise of Integrated Marketplaces

    May 14, 2025
    Business & Trade

    NjiaPay – Bridging Africa’s Fragmented Payment Ecosystem

    May 12, 2025
    View 1 Comment

    1 Comment

    1. Pingback: Abu Dhabi Exports Office inks deal to boost trade with ECOWAS states

    Leave A Reply Cancel Reply

    LATEST STORIES

    UAE-Africa Trade: A Strategic Shift in Global Investment

    May 22, 2025

    FarmXic Deploys Soilless Farming Kits to Power Urban Agriculture in Nigeria

    May 19, 2025

    South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

    May 16, 2025

    Unlocking Africa’s Digital Trade Future: Matta and the Rise of Integrated Marketplaces

    May 14, 2025

    NjiaPay – Bridging Africa’s Fragmented Payment Ecosystem

    May 12, 2025
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.