According to a joint submission to the senate standing Committee on Foreign Affairs, Defense and Trade inquiry into Australia's trade and Investment relationships with African countries, the Australian Trade and Investment Commission (AUSTRADE) and the Department of Foreign Affairs and Trade (DFAT), Australian companies has to increase trade engagements with Africa.
Based on this, Trade Nigeria in collaboration with Globe Chamber of |Commerce and Industry will be organizing the Australia-Africa Economic Forum. It will be done in partnership with Austrade, DFAT and state governments of Australia to identify and promote business opportunities and also advocate for a predictable market-oriented operating environment.
It will be a public private Joint partnership for the purpose of business growth and development between countries in both continents with emphasis on Foreign Direct Investment, project development, Trade, Investment that will bring about an increase in the African Economy.
Participants and Businesses that get involved will have the opportunity to raise their business profiles, they will also be exposed to knowledge sharing between both continents and
meet with potential international business partners
For both Governments, the Economic Forum has the following advantages
Strengthening government-to-government engagement
Expanding economic diplomacy
Fostering stronger private sector linkages
Addressing business risk factors in Africa and Australia
Date for the Economic Forum will be communicated soon
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