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Africa

Africa has 8 of the world’s 15 fastest growing economies and there is huge demand on the continent for clean, sustainable and innovative investment.

Africa-UK Investment Summit 2020 

In January 2020, Boris Johnson hosted the UK-Africa Investment Summit in London which brought together businesses, governments and international institutions to showcase and promote the breadth and quality of investment opportunities across Africa.

 

In the lead up to the UK-Africa Investment Summit, £6.5 billion of commercial deals were already signed by British companies to deliver jobs, growth and investment across the UK and Africa. The Summit is expected to mobilise billions of pounds in private sector investment for Africa, marking a new era of trade between the UK and Africa.

The Summit strengthened the UK’s partnership with African nations to build a secure and prosperous future for all our citizens. It also mobilised new and substantial investments to create and boost mutual prosperity.

 

 

As home to some of the world’s most enterprising technologies and the financial centre of the world in the City of London, the UK is perfectly placed to meet that demand and be the continent’s investment partner of choice.

To read more, click HERE

Africa’s economic potential is huge, with eight of the world’s 15 fastest growing economies and a population set to double to over 2 billion by 2050. We have much to offer African nations – UK aid is tackling climate change and supporting women entrepreneurs, our tech and digital expertise is helping Africa grow new industries and the City of London is channelling billions of private investment into Africa, boosting jobs and growth. This Summit is a major step in unlocking the UK’s unique offer, becoming Africa’s investment partner of choice and benefiting people and businesses across the UK and Africa.

 

The Rt Hon, Alok Sharma MP, Former Secretary of State for International Development

The South African Chamber of Commerce

South African businesses are strongly embedded in the UK; their own Chamber of Commerce is based in the country and holds an annual Business Awards event.

 

The SA Chamber of Commerce is an umbrella organisation and conduit for trade, community and investment into and out of South Africa. The SACC aims to bring under one concerted effort, a forum and meeting point for businesses who have an interest in both the UK and South Africa in an attempt to facilitate the development of business opportunities.

 

Examples of South African companies in the Thames Valley include Johannesburg-based Bidfood (formerly part of Bidvest). Its state-of-the-art Business Support Centre and depot on the Slough Trading Estate were opened in August 2016 to provide increased capacity for growth, create additional opportunities for employment in the local area, and improve the level of service the company offers its customers.

The British African Business Alliance

 

British African Business Alliance is a diaspora-led network for Business Leaders, Entrepreneurs, Development Organisations and Investors in Africa. Our members are looking at opportunities to do business with partners in the Diaspora, with UK businesses, or on the Continent. To find out more click HERE