African Diaspora Business Forum

Ambassador of Ethiopia, Her Excellency Mrs. Lela-alem Gebreyohannes Tedla with Ambassador of Lesotho, His Excellency Mr. Paramente Phamotse at the Africa Diaspora Business Forum

Minister of State for Trade and Development, Joe Costello, today hosted a Business Forum for members of the African Diaspora in Ireland. The event was attended by Ambassadors from seven African countries and members of the African business community. It explored new ways that the African Diaspora can contribute to creating successful business and trade links between Ireland and African countries.

The Business Forum was addressed by the dean of the Africa Diplomatic Corps, Moroccan Ambassador H.E. Anas Khales, and by Minister Costello.  Specifically, Minister Costello highlighted the growing profile of Irish companies in African development and the increasing interest of African countries in attracting Irish business, noting the success of the annual Africa Ireland Economic Forum.

“Access to dignified work with the guarantee of a weekly wage can dramatically change not only the welfare of the employed but also of their family and extended family” said Minister Costello, referring to 13,000 jobs created in South Africa alone by Enterprise Ireland companies. 

“Sustained economic growth will result in more jobs and demand for new and improved services. Many of these services will also come from foreign companies and Irish-based companies can play their part”

Presentations to the Forum were made by An Bord Bia and Enterprise Ireland, which are both currently forging new links within African markets.

Presentations from African business groups operating in Ireland also highlighted the business climate within rapidly expanding African economies. Ed Osagie of Corporate Friend International presented his research findings on conducting successful business in Africa and his recommendations for Irish businesses interested in becoming involved there. 

“Sustained economic growth will result in more jobs and demand for new and improved services. Many of these services will also come from foreign companies and Irish-based companies can play their part” remarked Minister Costello. The event concluded with a commitment to deepening existing African-Irish networks to more effectively develop trade and economic links.