ADDIS ABABA, June 10 (Xinhua) -- African Union (AU) Commissioner for Infrastructure and Energy Amani Abou-Zeid has said that Africa offers excellent opportunities for foreign businesses and partnerships.
The AU Commissioner made the remarks at the recently held Russia-Africa Dialogue" panel on the sidelines of the St. Petersburg International Economic Forum that was held from June 6-8, the AU said in a statement issued on Monday.
"Africa offers excellent opportunities for businesses and partnerships in the areas of regional infrastructure, energy, digitalization, agriculture, education, science and technology," the statement quoted Abou-zeid as saying.
Abou-Zeid further emphasized "the fact that Africa' integration is taking place at a time when the continent is more united and speaking with one voice on major global issues, which represent an opportunity for investors and business partners."
According to the AU, the Russia-Africa Dialogue Dialogue panel mainly discussed "the development of the Russian-African relations with the aim to rethink cooperation approaches, mechanisms and tools in order to take the bilateral relations to the next level and to create a deeper strategic partnership between Russia and the African states."
The 55-member pan African bloc also stressed that the St. Petersburg International Economic Forum "provided a unique platform for engagement and an opportunity to communicate about the various initiatives, led by the AUC, in the Continent."
The AU Commissioner also held series of meetings with top officials and executives of international companies attending the Forum and discussed business opportunities and financing of regional projects in Africa.
According to the AU, the forum, which was attended by global leaders and business people and experts, "discussed and seek effective solutions to the most pressing issues affecting the global economies."
The Russia-Africa Summit is expected to take place in Sotchi, Russia, in October 2019, according to the AU.
