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الاقتصادية
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Conference Targets Doubling Gulf Investments in Africa
The article discusses the historical development and future outlook of economic relations between the Gulf countries and Africa, with a focus on increasing trade exchanges and Gulf investments in the African continent. The bilateral trade volume has reached approximately $106.5 billion, with African exports to the Gulf growing by over 140% over the past 15 years. Additionally, new Gulf investments worth $114 billion have been announced in strategic sectors including energy, infrastructure, and financial services to support Africa’s economic transformation. The upcoming Gulf-Africa Partnership Conference, scheduled to be held in Ivory Coast in 2027, is expected to establish a long-term cooperation framework. Plans include tripling the volume of mutual trade and investment over the next decade, opening significant funding opportunities for developmental projects across Africa, and addressing the funding gap exceeding $245 billion annually.
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