Dubai Chamber of Commerce kicked off its 2026 ‘In Focus’ series with an event on January 21, focusing on growth prospects for Dubai firms in Ethiopia, Ghana, and South Africa. Over 228 participants joined to learn about trade, investment chances, and market entry strategies in these fast-growing African economies. This initiative ties into the ‘New Horizons’ program, which organizes trade missions to help businesses build partnerships and expand sustainably.
Leaders emphasized booming non-oil trade ties. In 2024, Dubai-Ethiopia trade hit AED 6.6 billion ($1.8 billion), up 90% year-on-year. Dubai-Ghana non-oil trade reached AED 24.7 billion ($6.7 billion), growing 75%, while South Africa trade stood at AED 29 billion ($7.9 billion), rising 20%. These markets offer promise in sectors like infrastructure, agriculture, tech, and energy, fueled by Africa’s young population and urbanization.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stressed empowering firms with market insights, setup guidance, and joint venture advice. Trade missions to all three countries are set for the first half of 2026, leveraging Dubai’s hub status. The event provided business intelligence, from economic overviews to practical tips, aiding sustainable growth.
FAQs [Frequently Asked Questions]
1. What was the ‘In Focus’ event about?
It explored trade and investment opportunities for Dubai businesses in Ethiopia, Ghana, and South Africa, drawing 228+ participants with market insights and strategies.
2. What are the 2024 trade figures with these countries?
Ethiopia: AED 6.6B (+90%); Ghana: AED 24.7B (+75%); South Africa: AED 29B (+20%) non-oil trade.
3. What follows the ‘In Focus’ series?
Trade missions to Ethiopia, Ghana, South Africa in H1 2026 under ‘New Horizons’ for partnerships and growth.