Bahrain’s Al Amari Group and Dotmount Communications ink $90 billion investment deal for Middle East Investors’ Expo

The investment landscape in Africa is set to undergo a monumental transformation with the announcement of a $90 billion partnership between the Al Amari Group and Dotmount Communications for the Middle East Investors Expo in Abuja. This partnership aims to bridge the gap between the Middle East and Africa, creating new opportunities for businesses and entrepreneurs across the continent.

The Al Amari Group, a leading Middle Eastern conglomerate, has committed to investing $90 billion in Africa through the Middle East Investors Expo Abuja, organized by Dotmount Communications. This strategic partnership will focus on key sectors such as infrastructure, technology, energy, agriculture, metals and mining, utilities and renewables, healthcare, real estate, construction, financial services, telecom, media, and technology. The influx of foreign investment is expected to stimulate economic growth and development in Africa.

Fareed O. Al Rahman, executive director of Finance and Investment at Al Amari Group, expressed excitement about the partnership, stating, “We are thrilled to partner with Dotmount Communications to unlock the vast potential of Africa. This investment demonstrates our commitment to supporting sustainable economic growth and development in Africa.”

Adedotun Olaoluwa, president of Dotmount Communications, also shared his enthusiasm for the partnership, calling it a historic moment for cooperation between the Middle East and Africa. He believes that the $90 billion investment will have a transformative impact on the continent’s economic landscape.

The Middle East Investors Expo, scheduled for July 4-5, 2024, at the Transcorp Hilton Hotel in Abuja, Nigeria, will bring together investors, policymakers, and business leaders from the Middle East, Europe, and Africa to explore investment opportunities and forge partnerships. The event will feature keynote speeches, panel discussions, and networking sessions, providing a platform for stakeholders to share insights and identify investment potential.

Under the theme ‘Driving Economic growth through trade and investment,’ the conference aims to showcase the untapped potential of the region and provide valuable insights and networking opportunities for participants. Government officials, business leaders, distinguished speakers, industry leaders, and investment experts from both regions will address challenges and promote sustainable investments.

Organizers expect over 700 participants, including high-profile investors, business executives, and government representatives, to attend the expo. The event has already garnered significant interest, with numerous partners confirming their support.

The Middle East Investors Expo is poised to become a landmark event in the investment calendar, facilitating meaningful connections and driving economic progress in Africa. As the continent continues to attract global attention, this expo will play a vital role in shaping the investment landscape and fostering cooperation between the Middle East and Africa.