The Sharjah Chamber of Commerce has initiated a trade mission to Uganda and Kenya from November 11th to 14th, led by Chairman Abdallah Sultan Al Owais. The focus is on enhancing bilateral trade across oil, construction, logistics, and food sectors. The mission involves investment forums, workshops, and personalized meetings with local entrepreneurs to strengthen business ties, highlighting the growing economic partnership between the UAE and East Africa.
The Sharjah Chamber of Commerce and Industry, via the Sharjah Exports Development Centre, has embarked on a trade mission to Uganda and Kenya from November 11th to 14th. Led by Chairman Abdallah Sultan Al Owais, the objective is to enhance bilateral trade relations between the UAE and East Africa, with an emphasis on vital sectors such as oil, construction, logistics, and food. The mission commenced in Kenya, featuring an investment forum that included workshops and panel discussions focused on available investment opportunities. Furthermore, the delegation engaged in personalized meetings with local entrepreneurs to cultivate business partnerships. Subsequently, the mission proceeded to Uganda, where another investment forum was held to address developments in the infrastructure and oil industries, alongside site visits to local enterprises. This endeavor underscores the increasing economic collaboration between the UAE and East African countries, evidenced by the non-oil trade between the UAE and Kenya, which surpassed $3 billion in 2023. Trade relations with Uganda have also demonstrated significant growth in recent years.
The current trade mission represents a concerted effort by the Sharjah Chamber of Commerce and Industry to foster stronger economic connections with East Africa, a region of growing strategic importance for trade. The trade mission aims to create opportunities for Emirati businesses to explore investment prospects specifically in Uganda and Kenya, two countries that have shown potential for development in various sectors. Given that the non-oil trade has seen substantial increases, this mission highlights the UAE’s commitment to diversifying trade partnerships beyond its traditional markets.
In conclusion, the trade mission led by the Sharjah Chamber of Commerce to Kenya and Uganda is a strategic initiative aimed at strengthening economic ties between the UAE and East Africa. By prioritizing key sectors such as oil, construction, logistics, and food, the mission not only seeks to enhance bilateral trade but also to nurture entrepreneurial relationships through direct engagement between Emirati and local business leaders. The achievements thus far indicate a promising trajectory for future collaboration and economic growth in the respective regions.
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