The Dubai Chamber of Commerce and Industry along with the COMESA (Common Market for Eastern and Southern Africa) Regional Investment Agency announced on Saturday that Dubai will host the Africa Global Business Forum 2013 in May.

Under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister and ruler of Dubai, the forum will host African decision makers and local speakers from May 1 to 2 to explore investment opportunities in Africa while highlighting the strategic role of Dubai as a world-class hub for connecting to Africa.

The Forum will offer a platform to over 2,000 policy-makers and global business leaders from Africa, the GCC, Asia and Europe and beyond to discuss current challenges and business opportunities in finance, agribusiness, logistics and trade.

Hamad Buamim, director general of the Dubai Chamber, said in a news statement that Dubai recognises Africa as an important emerging market and would like to capitalise on the opportunities presented for bilateral investment and trade. The event will work to highlight to the private sector all the major positive developments in terms of business and investment climate that have taken place in COMESA member states and African countries.

This forum follows the success of the 4th COMESA Investment Forum that was held in Dubai in March 2011 where more than 1,500 participants from over 80 different countries visited the conference as well as 14 senior ministers and leading personalities representing some of the largest businesses in Africa and the world, according to reports.