African Leadership Magazine – ALM, Signs MOU with the Associated Chambers of Commerce & Industry of India (ASSOCHAM), to Promote Multi-lateral Investment Opportunities in the Energy & Infrastructure Sectors.
The Management of African Leadership Magazine – ALM, signed a memorandum of understanding with The Associated Chamber of Commerce & Industry of India – ASSOCHAM.
The virtual ceremony which was held on Tuesday, August 27th, was attended by representatives of both Organizations, taking into consideration, mutual desires of the Indian and African Parties, to deepen contacts between the business structures of both regions, which had long identified objectives of working in close partnerships, towards broadening economic ties.
In His opening remarks, ASSOCHAM’s Assistant Director – International Affairs, Mayank Sharma, identified; Infrastructure, Energy, Agriculture, & ICT as areas of economic cooperation and stimulating business activities, which could develop the continent’s economy in profound ways whilst creating jobs for India’s booming population.
Speaking on behalf of the African Leadership Group, The Managing Editor of African Leadership Magazine, Mr. Kingsley Okeke, highlighted the Group’s resounding history of attracting Investments inward-Africa, and showcasing the best of the Continent’s achievement globally.
‘’I am confident about this relationship and the potentials it holds for maximum returns on the various areas of collaboration. This partnership is an ideal way to develop greater industrial and economic activities, considering the outcome of ALM and it’s impact on the continent, over two decades’’, He concluded.
The Group’s Director of Energy Operations, Arvy Nahar, reiterated her commitment to strengthening partnerships and collaborations in the Energy Sector, which is imperative for Africa’s growth and prosperity within the next decade.
‘’The Parties shall establish and encourage contacts between organizations, companies, and entrepreneurs of Indian and African origin in-order to promote the economic growth of both countries, collaborate for organizing; fairs, exhibitions, seminars, symposia, conferences, business meetings, business missions and other similar events’’ She concluded.
Also present at the signing ceremony, were; Meenakshi Sharma, ASSOCHAM’s Assistant Secretary General and Head – International Affairs, and Wofai Samuel, Editor of Africa Energy and Infrastructure Magazine, a sister publication of African Leadership Magazine.
Wofai congratulated The Association of Indian Chamber for the newly formed relationship with African Leadership Magazine, stating that ,
‘’The relationship between India and Africa, is key to ensuring high-value investment opportunities, and access to key projects both within the private and public sectors’’.
ASSOCHAM is India’s premier chamber, which covers a membership of over 200,000 companies and professionals across the country.
Having in its fold more than 250 Chambers and Trade Associations, and serving more than 4,50,000 members from all over India. It has witnessed upswings as well as upheavals of Indian Economy, and contributed significantly by playing a catalytic role in shaping up the Trade, Commerce and Industrial environment of the country.