The UAE’s public and private firms, which have traditionally looked to invest more in Europe and Asia, are now focusing attention on Africa and the level of investment is expected to rise sharply in the next few years.
The co-head of Africa and Middle East global banking business at Standard Chartered said, the UAE government, state controlled entities and major private sector enterprises will scale up investments into Africa next year as the continent prepares to roll out a pan-African trade treaty.
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Posted on : 1/21/2020