Tuesday, October 20, 2020

CANADA - AFRICA ECONOMIC FORUM


Canada has cultivated relationships in Africa for more than five decades through their work with African countries and with its regional and international bodies. Canada supports political and economic reforms in Africa that are based on democracy, strong public sector institutions, the rule of law and human rights. 

They work with the continental institutions such as the African Union and the African Development Bank, as well as regional economic communities (RECs).

Canada is expanding its trade and investment in sub-Saharan Africa. To help establish a regulatory framework that encourages trade and investment, Canada negotiates Foreign Investment Protection and Promotion Agreements (FIPAs). They have concluded FIPAs with Benin, Burkina Faso, Cameroon, Côte d'Ivoire, Guinea, Nigeria, Tanzania, Mali, Madagascar, Senegal and Zambia.

The organizers: Globe Chamber of commerce and Industries and her other partners have promised that the multilateral trade forum between Canada and Africa will:

·        attract investors to Africa

·        increase commercial and economic ties between Africa and Canada

·        create new markets

·        create opportunities to build business network

The forum is slated for 24th of March and 27th of March 2021 and it will take place in Ontario, Canada. 

 

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