Indian startups will benefit from the trade pact between India and the UAE, as the UAE serves as a stepping stone to expand further into the Middle East and North Africa.
The deal aims to facilitate trade finance for African banks and their SME clients to allow them to participate in trade.
The Dangote refinery in Nigeria, Africa’s largest oil refinery, is set to be commissioned in two weeks’ time.
AD Ports Group has acquired five bulk carriers and three crude oil tankers valued at Dhs955m (USD 260m) to expand its commercial shipping capabilities.
High-level trade and investment meetings explore development of logistics, food production, tourism, and energy sectors.
DP World will develop the terminal at Somaliland’s most important commercial port and will expand as demand grows.
Tanzania and the UAE have held talks around strengthening trade and investment relations between the two countries.
Qatar and Morocco have finished the second round of talks on a free trade agreement designed to encourage cooperation between businesses in the two countries.
AD Ports Group and Africa Finance Corporation will work together to identify promising infrastructure projects in Africa.