Latest news with #NadiaYaich
Zawya
08-05-2025
- Business
- Zawya
Tunisia-based council pins Africa development hopes on Kuwaiti investments
TUNIS: A joint Tunisian and African business council on Wednesday heaped praise on Kuwaiti investments in Africa, saying such financial aid has helped keep economic development and growth across the continent on an upward trajectory. Kuwait has contributed immensely towards development projects in Africa, through the works of funds and financial institutions that have dabbled into vital sectors running the gamut from energy and education to infrastructure, the council's secretary general Nadia Yaich told KUNA on the sidelines of an African trade and investment forum in the Tunisian capital. The world's second largest continent has emerged as an attractive destination to Kuwaiti investors, given the "promising" opportunities that exist across a vast array of fields ranging from agriculture and healthcare to food security, the official underlined, citing Africa's conducive environment as the a primary factor behind the flow of foreign investments. On Kuwaiti and other Gulf Arab investments, she said it mostly centers on the sectors of real estate and tourism, in addition to digital financial services, with the latter having seen the most exponential growth in the African continent, added the official. She went on to acknowledge Kuwaiti contributions towards economic development and growth in a number of African nations, saying that the Tunisian-African business council aims to propel Kuwait's relations with the African continent to greater levels, while the body's vast knowledge can help open the door for would-be investors. Gulf Arab investments in Africa, chief among them those from Kuwait, have now become one of the largest contributors towards development across Africa, subsequently allowing the continent to forge "long-term and strategic" partnerships with investors to help usher in economic prosperity, said the official. All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (
Zawya
07-05-2025
- Business
- Zawya
UAE hailed as role model for Africa's integrated development: Tunisia Africa Business Council
Nadia Yaich, Secretary-General of the Tunisia Africa Business Council, said that the UAE plays a pioneering role in Africa, serving as a model of integrated developmental cooperation. This is evident in its major investments in strategic sectors such as infrastructure and energy, as well as its strong support for vital areas like education, healthcare, capacity building, and entrepreneurship, particularly among youth and women. In her statements to the Emirates News Agency (WAM) on the sidelines of the "Africa Trade and Investment Forum" in Tunis, Yaich emphasised that the UAE plays a central role in supporting comprehensive development across numerous African countries. She highlighted the importance of this role in enhancing partnerships with local stakeholders across the continent and directing support toward community-based projects that contribute to developing innovation ecosystems and entrepreneurship. Tunis is hosting the FITA 2025 on May 6 and 7, with ministerial delegations and representatives from several African nations, including the Congo, Nigeria, and Algeria, showcasing investment opportunities. The forum features the participation of international financial institutions, over 1,000 business meetings, and a comprehensive exhibition. It is considered the largest investment event in Africa this year. Yaich also stressed the importance of deepening cooperation between Tunisia and the UAE on the African continent. She noted that the Tunisia Africa Business Council could play a pivotal role in this context by organising joint business missions, creating platforms for knowledge and expertise exchange, and encouraging joint investments in developmental projects. These efforts, she explained, would build trust and open new avenues for tripartite cooperation between Tunisia, the UAE, and Africa.
