Page 523 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
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10/28/25, 9:25 AM  UAE and more than 20 African nations agree to launch new investment mapping to strengthen partnerships in tourism, aviation, lo…


























           The ministers reaffirmed the African Continental Free Trade Area (AfCFTA) as a cornerstone of regional
           integration and competitiveness. They welcomed collaboration with strategic partners, including the UAE,
           whose engagement can mobilize capital and connectivity in ways that reinforce the implementation of
           AfCFTA and regional value chains.


           The ministers recognized the UAE as a reliable partner in advancing the sustainable development of
           African economies, particularly in the tourism sector. They noted the UAE’s successful experience in

           leveraging tourism to attract international investment, diversify its economy, and contribute to long-term
           sustainable growth.


           They also agreed on the importance of sharing knowledge, best practices, and capacity-building to
           replicate similar outcomes across African destinations. The participants valued cooperation with
           development finance institutions and international organizations, including the African Development Bank,

           World Bank Group, International Monetary Fund, UN Tourism, World Trade Organization, International
           Civil Aviation Organization, and United Nations Economic Commission for Africa to provide finance,
           guarantees, technical assistance, and policy support.


           Implementation and investment mapping


           The ministers welcomed the development of a concise investment mapping that identifies priority projects
           and enabling reforms in tourism and related sectors such as aviation, logistics, infrastructure and digital
           across participating countries. The projects submitted by participating countries under the investment
           mapping are estimated to require a total investment of approximately USD 6 billion and are projected to

           generate 70,000 direct and indirect jobs collectively.

           Furthermore, the ministers invited development partners and institutional investors to engage with this

           pipeline and explore appropriate instruments including public-private partnerships (PPPs), blended
           finance, debt-for-nature swaps and guarantees, and agreed to maintain a light coordination mechanism to
           track progress and report to the next ministerial gathering.





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