Addis Ababa summit explored prospects for expanding cooperation in logistics and transport sectors
A delegation from Dubai Chamber of Commerce and Industry recently participated in the Ethiopian Transport Investment Summit, which recently took place in Addis Ababa, and explored prospects for expanding cooperation between the UAE and Ethiopia in the logistics and transport sectors.
The Summit, organized by Ethiopia’s Ministry of Transport, aimed to promote the sector’s untapped investment opportunities and create a networking platform for potential foreign and local investors.
At the summit, Dagmawit Moges, Ethiopian Transport Minister, expressed her government’s readiness to collaborate with the private sector to achieve the transport and logistics sector’s ten-year perspective plan and hence dedicated her effort to the preparation of the summit.
A panel session during the event, titled ‘Opportunities for Private Sector Engagement in the Ethiopian Transport Sector’ was joined by Omar Khan, Director of International Offices, Dubai Chamber.
Khan noted that the summit shed light on new opportunities in Ethiopia’s logistics and transport sectors that offered tremendous potential for Dubai Chamber members, and companies specialising in IT companies, delivery and freight forwarding in particular.
Since Dubai Chamber opened its first Africa office in Addis Ababa several years ago, Dubai’s non-oil trade with Africa has surged by nearly 42% over the 2014-2019 period, Khan explained, adding that the number of African companies registering with Dubai Chamber has grown to exceed 17,000 today.
