ZIMBABWE and the United Arab Emirates (UAE) are optimistic of deepening ties in the agriculture sector by exploring opportunities in agri-business financing and trade.
Food security, agriculture market opportunities and trade finance will dominate discussions during a one-day virtual Zimbabwe-UAE Food and Agribusiness Forum set be hosted by Dubai Chamber of Commerce and Industry alongside DEAT Capital on the 28th of this month.
DEAT Capital Director, Mr Nick Moyo is optimistic the forum will offer great networking opportunities for those seeking new markets, partnerships and business opportunities in Zimbabwe and the UAE.
“The Zimbabwe-UAE Food and Agribusiness Forum is going ahead on the 28th of January 2021. I can tell you this is exciting as we have a record 1100 participants who have confirmed. Of those of who have confirmed we have 80% from across the world, from Turkey, Middle East, Tunisia, Algeria and they bring so much capabilities to the table to support food and agribusiness in Zimbabwe,” he said.
The forum which has so far attracted over 1000 participants including agriculture investors, traders, export credit insurance agencies as well as government officials will see participants deliberating on artificial intelligence in agriculture and the Africa Continental Free Trade Area (AfCFTA) opportunities for agriculture and food trade.
The agribusiness forum is also part of the build-up to the global mega exhibition, the Dubai Expo 2020 which runs from the 1st of October this year to the 31st of March 2022.
The UAE is the second-largest economy in the Gulf region after Saudi Arabia, with a gross domestic product (GDP) of over US$350 billion.