The Foundation for the Promotion of Exports and Investments in Azerbaijan (AZPROMO) and the Azerbaijan Diplomatic Academy (ADA) will organize presentation on "Business Opportunities in Africa" in Baku on October 11. This is the first thematic campaign by AZPROMO by agitation of local entrepreneurs to invest outside the country.
In AZPROMO they said the presentation is devoted to the four most promising countries from the point of view of economic development - Angola, Namibia, Botswana and South Africa. Profiles of these countries have been created and the potential for the development of Azerbaijan's business there was evaluated. Basically it is agriculture, energy, telecommunications, construction and tourism.
In recent years, ADA arranged training courses with diplomats from several countries in Africa.
Azerbaijani entrepreneurs prefer to invest primarily in the CIS countries, Europe, the Baltic states, Georgia and Turkey. - 08D-
Economics
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
-
The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
Leave a review