20 January 2020. London. This Summit is hosted by the UK Prime Minister and brought together businesses, governments and international institutions to showcase and promote the breadth and quality of investment opportunities across Africa.
Key takeaways from the Oxford Farming Conference 2020
The Summit supports job creation on the continent and Africa’s economic development and help build a strong partnership between the UK and African nations for mutual prosperity.
President Abdel-Fattah El-Sisi and British Prime Minister Boris Johnson inaugurated the UK-Africa Investment Summit, with the participation of 21 African heads of state and a number of businessmen and investors from Britain and African countries.
“Sustainable financing and infrastructure”: Joint investment opportunities and experiences and plans to stimulate partnership in the field of investment in the coming period.
- Ways to boost investment in Africa and
- improve access to finance including for infrastructure
- How City of London’s expertise can assist
- Examine challenges and opportunities of the African Continental Free Trade Agreement
- Identify ways regional integration may increase trade and investment opportunities across the continent
- Look at breaking down barriers to trade and investment
“African Growth Opportunities”: revision of the reform plans and opportunities that are provided to increase growth rates, the best ways to attract more investments and develop mutual partnership between the two parties.
- Spotlight priority growth sectors
- Highlight reform efforts that boost growth and jobs, including for women and young people
- Establish ways to attract investment and develop mutually prosperous partnerships
- Clean Energy Transformation
- Set out ambitions for clean energy
- Share experiences of investing in renewables
- Emphasise potential to drive economic growth and create jobs
On the sidelines of the summit, an exhibition for a number of British and African companies will take place in many fields, especially robot technology, satellites, new and renewable energy, and sustainable building materials. A number of investment agencies and agencies from both the British and African sides will participate in this exhibition to discuss the possibility of concluding cooperation and partnership agreements. Between the two parties in light of holding that summit.
16/01 Press release. UK aid boosts support for African women entrepreneurs to expand businesses into global markets
The £3.5 million of UK aid announced is for women’s economic empowerment to extend DFID’s SheTrades Commonwealth work. SheTrades is an initiative of the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization.
UK aid is building on the success of the SheTrades Commonwealth programme launched in 2018 after the Commonwealth Heads of Government Meeting (CHOGM), where over 2,800 women entrepreneurs have received skills-based training, tailored business advice and mentoring to help them manage and promote their businesses better.