Embassy of the United Arab Emirates Copenhagen

UAE unveils USD$500 million new investment and development initiative to help build a connected and ‘turbocharged’ new Africa driven by youth


The UAE Embassy in Copenhagen

The UAE Minister for International Cooperation and Director General of Expo 2020 Dubai, Her Excellency Reem Al Hashimy, unveiled The UAE’S Consortium for Africa, a new initiative with a committed investment of USD 500 million to help fulfil the vision of a ‘turbocharged’ and connected new Africa, driven by its youth, at the African Union (AU) in ADDIS ABABA on the 8th February 2020.

Her Excellency told (AU) members that the Consortium would be a long-term builder of human capital on the continent with two immediate priorities: digitization and youth. The Consortium would align the UAE government and its private sector’s commitment to Africa, combining ambition for progress, and resource to support it, into one focused entity to assist development and investment, contributing to an optimistic new future vision for Africa and with Africans.

Her Excellency Reem Al Hashimy explained that it is “More than simply donor or a provider of concessionary loans, the UAE understands that real value lies in the long-term building of human capital. And we are committed to helping deliver the apparatus in which start-ups can thrive, entrepreneurs can lead, and young people can look forward with optimism to a future that is firmly in their control.”

Her Excellency Reem Al Hashimy added that the focus on digitization and youth would ensure that “our young and talented populations are not overwhelmed by, but embrace, the opportunities of the future”. Her Excellencycontinued“We have listened closely to what you have told us, as a continent represented by the African Union, and as nations that make up its member states.  And we have heard your call to the UAE: to draw on lessons learned through our own development, and to target the UAE’s investment into Africa’s digital economy,”. 

The UAE has been an active partner on the continent throughout its 49-year history, investing billions during that time and by 2016 was the second largest investor country in Africa, with support for a wide variety of projects including roads, bridges and ports, schools, clinics and hospitals. 

The Consortium for Africa would ensure a more consolidated, adaptive and impactful support in the future, said Her Excellency, who was the first UAE Minister to address the AU with a speech to its Executive Council at its headquarters. 

The first participation of the AU at a World Expo, showcasing the continent’s rich history and many achievements within its own pavilion was also heralded by Her Excellency who explained “For the first time in World Expo’s 169-year history, every single participating nation – a record-breaking 192 – will be represented with an individual pavilion of its own at the World’s Greatest Showcase of human brilliance and achievement, where about 25 million visits are expected at the first World Expo in the Middle East, Africa and South Asian region (MEASA).  Located in Expo 2020’s Opportunity District, the African Union Pavilion will explore the speeches of Africa’s great leaders, illustrating just how much the institution has achieved since its inception as the Organization of African Unity in 1963. 

Millions of visitors will step in to a colorful, borderless space, where they will discover Africa’s vast potential and optimism for the future, reflected in its Agenda 2063 aspirations that address agriculture, transport, science and technology, and health. And, for six months between 20 October 2020 - 10 April 2021, the UAE will host the world’s largest meeting of minds, welcoming creative critical thinkers to a powerful platform that will shape our future and reveal a raft of opportunities to be explored by – and in – African countries.

Information om Embassy of the United Arab Emirates Copenhagen

Embassy of the United Arab Emirates Copenhagen
Havnegade 39
1058 Købehavn K

Følg pressemeddelelser fra Embassy of the United Arab Emirates Copenhagen

Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.

Flere pressemeddelelser fra Embassy of the United Arab Emirates Copenhagen

UAE evacuates Arab nationals from China, evacuees to receive medical care at Emirates Humanitarian City.5.3.2020 15:09:57 CETPress release

Embassy of the United Arab Emirates Copenhagen The UAE Embassy in Copenhagen The United Arab Emirates coordinated on Wednesday, March 4, 2020 the evacuation of Arab nationals from Wuhan City in China. The evacuees will be received at the newly established Emirates Humanitarian City in the UAE and will undergo medical testing and monitoring to ensure their health and safety. The move follows the directives of President, His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to establish a healthcare facility that will provide the individuals hailing from neighbouring Arab countries with the necessary monitoring and preventative medical care following their evacuation from the epicentre of the COVID-19 outbreak - China's Wuhan City. A special aircraft carrying some 215 individuals from Wuhan was equipped with HEPA cabin air filtrations systems, medical supplies an

U.A.E Embassy’s 1st Interfaith Tolerance Symposium1.5.2019 09:42:54 CESTPress release

Copenhagen, 1st May 2019- Celebrating Year of Tolerance, Embassy of The United Arab Emirates in Denmark represented by H.E. Ambassador Fatema Khamis Al Mazrouie, invited yesterday three distinguished Jewish, Christian and Muslim religious figures in the Danish society to participate in the Embassy’s 1st Interfaith Tolerance Symposium to discuss and highlight the role of tolerance in bridging the gap between different religions and cultures in globalized societies as a sufficient tool to achieve successful, peaceful integration and coexistence.