The Oasis Reporters
October 26, 2023
…spotlights technology exchange prospects, need for increased cooperation among ACP nations to boost growth
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye Esq., took the global stage at the United Nations Conference on Trade and Development (UNCTAD) World Investment Forum to showcase trade and investment opportunities of the African, Caribbean and Pacific (ACP) region.
Oye, who was a panelist at UNIDO’s ‘Invest in ACP’ Platform in Abu Dhabi, emphasized the importance of bolstering investments in the ACP region, given its immense potential and the prospects it offers to global investors.
The NACCIMA boss, an experienced lawyer and astute entrepreneur with over 33 years of practice in litigation, was among investment promotion experts from ACP regions who shared insights into their respective work and discussed how the platform adds value for Investment Promotion Agencies in enhancing and facilitating investments.
The session featured esteemed speakers from the public and private sectors from both the Gulf and the ACP region to explore the potential of UNIDO’s “Invest in ACP” Platform to increase investment flows between the two regions and beyond.
Oye, while listing the immense investment and trade potential that lie in the region, urged investors to explore the myriad opportunities for trade expansion within the ACP nations.
Stressing the ACP region’s growing trade prospects, citing the abundance of 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.”
Oye, who reaffirmed NACCIMA’s commitment to encouraging and facilitating regional cooperation among ACP nations, noted that increased regional cooperation was vital in enhancing economic stability and maximizing opportunities for businesses and investors across the region.