Dr. Abu-Ghazaleh, a Keynote Speaker at the 8th African Forum of Investment and Commerce (AFIC8)

AMMAN – HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), participated as a keynote speaker at the 8th African Forum of Investment and Commerce (AFIC8) entitled ‘Future Africa’, which took place at the People's Democratic Republic of Algeria, with in-person and online participation. 

The Forum which discussed investment and production opportunities in Africa, was attended by many experts, stakeholders, and ambassadors from serval African states. It was organized by the Arab-African Center for Investment and Development (CAAID).

In his opening speech, Dr. Abu-Ghazaleh expressed his pride and gratitude for participating in the Forum, indicating that the world has moved into a new era or the so-called Knowledge Age or Knowledge Revolution. He pointed out that: “Similar to the Industrial Revolution and the Agricultural Revolution in the past, at present, we are embracing the Knowledge Revolution which means that the future of wealth-creation would be restricted to knowledge creations, taking into consideration that the world’s largest corporations are knowledge-based businesses.”

He also urged the attendees to join and support the project of the Africa-Med-Europa Foundation (La Verticale) which aims at strengthening relations between Africa, the Mediterranean and Europe through the implementation of concrete proposals to improve economic and political ties in various aspects. 

Dr. Abu-Ghazaleh, who chairs La Verticale Foundation, pointed out that the Forum’s participation and contribution to the project would have a significant impact on facilitating and activating cooperation, as well as implementing projects that build bridges of cooperation between Africa and Europe for a prosperous economy. 

Moreover, Dr. Abu-Ghazaleh praised Algeria’s development in various economic aspects, achieving 4% growth in 2021 according to the International Monetary Fund (IMF), noting that it created an attractive environment for investment in various sectors.

On the other hand, Dr. Abu-Ghazaleh expressed his pride that TAG.Global, as an Arab and African institution, succeeded in becoming a global organization that competes with other global institutions. He expressed his great attention to  TAG.Global’s close ties with Algeria, where its office was established in 1992. 

It is worth mentioning that the AFIC8 is one of the biggest African-Arab gatherings that was held in its 8th edition under the theme ‘Future Africa’, bringing together decision-makers, experts, researchers, heads of organizations and chambers of commerce and industry and other representatives of relevant institutions from 35 countries.