Browsing: PACCI

Dubai continues to strengthen its position as a gateway for African trade, according to Ahmed Bin Sulayem, Executive Chairman & CEO of the Dubai Multi Commodities Centre.

Speaking during a session titled The Evolution of Global Trade, at the ongoing Global Business Forum Africa 2021 in Dubai, Bin Sulayem highlighted the need to accelerate procedures for economic integration between the African states taking part in the African Continental Free Trade Area (AfCFTA), as well as obstacles hindering its success.

He reiterated the importance of establishing comprehensive economic partnerships and benefit from Dubai’s leading position a strategic trade hub connecting Africa and the region.

Read: The EAC should integrate to benefit from AfCFTA

“African countries have made remarkable progress under the Free Trade Agreement, and they must enhance their growth, building on the agreement, ensuring accelerated change, to develop their economic performance. Benefiting from successful experiences, these countries can identify challenges …