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Dubai Chamber reports 24,800 registered African companies

Dubai Chamber reports 24,800 registered African companies
Buamim’s statement was made during the sixth Global Business Forum Africa

UAE - Mubasher: The Dubai Chamber has recorded 24,800 registered African companies, up 15.5% since 2019, the President and CEO of Dubai Chamber, Hamad Buamim, announced.

Buamim’s statement was made during the sixth Global Business Forum Africa in Dubai, held in partnership with Expo 2020 Dubai, according to a press release on Wednesday.

Dubai Chamber has representative offices in Ethiopia, Ghana, Mozambique, and Kenya, which aim to bridge between the UAE and African business communities and explore investment opportunities in Africa.

Buamim remarked: "Dubai’s non-oil trade with Africa reached $50 billion in 2020 despite the pandemic challenges, marking the highest level in the last decade."

Meanwhile, the President and CEO of Dubai Chamber added: "Hosting this prestigious forum at Expo 2020 Dubai not only adds to the significance of the business forum, but also opens new doors for companies from the UAE and other markets that are keen to explore untapped business potential in Africa."