Africa poised to be a US$ 3 trillion economy by 2030

Global leaders will descend on Dubai for the Africa Legal Network’s (ALN) 4thAnnual International Conference on 4-5 October 2017 at the Park Hyatt, Dubai, UAE. The invite-only event will bring together high-calibre and relevant business professionals and government representatives to discuss opportunities for foreign investment in Africa.

The African continent is expected to grow to a US$ 3 trillion economy by 2030, according Ernst & Young’s ‘Attractive Program Africa 2017’ report. The strongest economies over the last two years have included commodity-importing East African countries such as Tanzania, Ethiopia, Kenya and Rwanda while the West African economies of Côte d’Ivoire and Senegal have also emerged as star performers – presenting Gulf investors with new markets, ripe for investment opportunities.

The ALN conference comes at a time when trade between the two regions is at an all-time high. The UAE is Africa’s leading trading partner within the GCC, with approximately 80% of the UAE’s imports from Africa being primary products, such as food produce and beverages. Total non-oil trade between the two regions is valued at about US$ 24 billion: a 700% increase over the last decade, according to the Dubai Chamber of Commerce.

With the UAE Minister for Culture, Youth and Social Development, His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, as the Guest of Honour, the conference will include a range of panels and talks from speakers with a deep understanding of working in Africa, including Former General Army and President of Nigeria, Olusegun Obasanjo and Director of Brenthurst Foundation, Dr. Greg Mills.

Writer and Managing Director of Delma Institute, and prominent Emirati commentator, Mishaal Al Gergawi, will moderate at the event.