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UAE & Senegal: Iskaashi Koraya oo Ganacsi iyo Maalgashi ah

  Xiriirka dhaqaale ee ka dhexeeya Isutagga Imaaraadka Carabta (UAE) iyo Senegal waxa uu marayaa heerkii ugu sarreeyey. Tirakoobka ugu dambeeya wuxuu muujinayaa korodh aan caadi ahayn oo ku yimid wax-soo-dejinaha UAE ay geyso Senegal, kuwaas oo ka booday $174 milyan sanadkii 2019 kuna gaaray $668.5 milyan sanadkii 2023 . Kobacaan waxaa si gaar ah u wada shidaalka la warshadeeyey, qalabka, iyo mashiinada, taasoo muujineysa horumarka degdegga ah ee Senegal iyo doorka muhiimka ah ee UAE. Xiriirkaani ma aha oo kaliya tirooyin; waa iskaashi istiraatiiji ah iyo aragti wadaag mustaqbalka ah. Barnaamijyada sida "Senegal iyo UAE: Wadamada Cusub ee Maalgashiga Afrika & Bariga Dhexe" ayaa hoosta ka xariiqaya sida ay labada dal uga go'an tahay xoojinta iskaashiga qaybaha kala duwan. Booqashadii dhawaan uu Ra'iisul Wasaaraha Senegal ku tagay Dubai, oo loo boomo "Dakar ilaa Dubai: Sida Booqashada Ra'iisul Wasaaraha ay Ganacsiga u Kordhin Karto," ayaa sii xoojineys...

Strengthening Economic Bridges: UAE's ADQ Commits $500 Million Investment in Kenya

In a landmark move towards bolstering economic ties between the UAE and Kenya, ADQ, a state-controlled fund from the UAE, has announced a substantial investment commitment of $500 million in Kenya's priority sectors. This strategic partnership, forged through a finance and investment framework with Kenya's National Treasury and Economic Planning Ministry, marks a significant milestone in the economic cooperation between the two nations.

Fostering Growth and Development

The agreement aims to explore and leverage investment opportunities in Kenya to promote the growth and development of its national economy. With Kenya's economy being the largest in the East Africa region and projected to achieve growth between 5 and 6% in 2024, the infusion of investment from ADQ is poised to accelerate this growth trajectory.

Mohamed Hassan Alsuwaidi, Managing Director and CEO of ADQ, expressed confidence in the investment's potential to unlock tangible value and contribute to the economic prosperity of Kenya and the broader East African region. This sentiment underscores the mutual benefits expected from the collaboration, signaling a promising future for both nations.

Comprehensive Economic Partnership

Earlier this year, the UAE and Kenya concluded a Comprehensive Economic Partnership Agreement (CEPA), facilitating opportunities for mutual growth in sectors such as food production, mining, technology, and logistics. The CEPA sets the stage for enhanced trade relations between the two countries, with non-oil trade already witnessing a significant surge, rising by 26.4% year-on-year to $3.1 billion in 2023.

Furthermore, the recent signing of a Memorandum of Understanding (MoU) between Kenya and the UAE to develop a data center powered by geothermal energy exemplifies the collaborative efforts aimed at driving innovation and sustainable development.

Pioneering Sustainability

In line with its commitment to sustainability and innovation, Kenya is planning to debut a $500 million sustainability-linked bond (SLB), marking a significant milestone as the first of its kind in Africa. The bond, with pre-determined sustainability performance goals, is expected to be issued by November, with proceeds earmarked for general budget support, as outlined by the World Bank.

Looking Ahead

The investment commitment by ADQ underscores the growing significance of economic partnerships and investments in fostering inclusive growth and development. As both nations continue to explore avenues for collaboration and innovation, the stage is set for a thriving economic relationship that will benefit not only the UAE and Kenya but also the broader East African region.

The partnership between ADQ and Kenya represents a testament to the shared vision of unlocking potential and driving sustainable economic progress. With a focus on priority sectors and a commitment to sustainability, this collaboration sets a precedent for future investments and partnerships aimed at creating a brighter, more prosperous future for all involved.

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The Cries of Syrian Mothers: Exposing the Injustice of Al-Julani’s Rule

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Addressing artificial intelligence, energy, and global collaboration, the UAE President discusses the G7 Summit.

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