NACCIMA President Highlights Trade, Investment Opportunities for African, Caribbean, Pacific Region at World Investment Forum
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By Ed Malik, A | ed@ddnewsonline.com |
posted October 24, 2023

Dele Kelvin Oye, Esq., the National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), recently participated in the United Nations Conference on Trade and Development (UNCTAD) World Investment Forum to promote trade and investment opportunities in the African, Caribbean, and Pacific (ACP) region.

Oye, who was a panelist at UNIDO’s ‘Invest in ACP’ Platform in Abu Dhabi, made key points in his presentation and emphasized the significance of boosting investments in the ACP region due to its immense potential and the opportunities it presents to global investors.

Oye, an experienced lawyer and entrepreneur with more than 33 years of experience in litigation, was among a group of experts who discussed the role of Investment Promotion Agencies in enhancing and facilitating investments within the ACP region.

The session at the UNCTAD World Investment Forum featured speakers from both the public and private sectors in the Gulf and the ACP region. They explored the potential of UNIDO’s “Invest in ACP” Platform to increase investment flows between these two regions and beyond.

Oye highlighted the vast investment and trade potential within the ACP region, urging investors to explore the various opportunities for trade expansion. He pointed out the region’s growing trade prospects, abundant natural resources, emerging markets, and the potential for economic growth.

According to Oye, “We must continue to strengthen efforts to tap from the vast trade and investment opportunities within the ACP region, given its immense potential and the prospects it offers to global investors.
“I envision a future where the ACP nations become magnets for investments in critical sectors such as infrastructure, agriculture, energy, and technology, igniting economic development and creating job opportunities. The prosperity of the ACP region is closely tied to our ability to expand trade relations, develop markets, and foster strong economic partnerships.”

Overall, Oye’s participation in this forum aimed to raise awareness about the investment prospects in the ACP region and encourage increased cooperation and investment to foster growth and development in the area.

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