Why it matters:
The Iran-Africa Economic Cooperation Conference serves as a turning point for streamlining Iran's partnerships with the continent. Additionally, Africa offers an exceptional opportunity for developing countries to expand their trade horizons.
The big picture:
At the event, which coincides with Iran Expo 2025, Tehran is hosting representatives from the African Union, economic and trade ministers, presidents of chambers of commerce, entrepreneurs, heads of banks and insurance companies, and manufacturers across African nations.
Key points:
- Over 700 traders from 38 African countries have registered to participate.
- More than 50 high-level officials from 29 African nations have participated.
Four ministerial panels are scheduled with a focus on:
- Petrochemicals
- Mining and metals
- Agriculture and food industries
- Health and pharmaceuticals
What we're hearing:
Zangzibar's Minister of State Sahrif A. Sahrif believes that Iran and Africa should have a close partnership to shore up a joint economic benefit.
Mr. Dewji great businessman in Tanzania, tells about Tanzanite and the value that the Iranian artist can add to the precious African stone.
Phatudi Maponya, a South African Businessman, says Iran is a strategic partner of South Africa and enumerates the cooperation priorities of his country with Iran.
CEO of Hosano Green Energy Company in South Africa, Perci Moraped Koji, talks about the challenges in the way of Iran-Africa trade while expressing excitement about trade opportunities with Iran unexposed to Africa so far.
Sadiq Dindar, a global sales and marketing director in South Africa, tells about the touristic opportunities of his country and stresses culture as an important element in Iran-South Africa in his business.
Still a young Nigerian physician, Dr. Ismail, who is here at the conference to represent his company, tells us about his negotiations with Iranian knowledge-based companies that produce high-tech medical equipment.
Mehdi, an Indian origin businessman from Zambia, expresses his interest in investment in Iran, especially in agriculture and mining, and vice versa.
Go deeper:
President Pezeshkian: Iran Ready to Expand Relations With Africa in All Areas
BRICS+ Meeting in S. Africa Invests Almost $500 m. in Agribusiness Sector
seyed mohammad kazemi
