By IINA,
Kampala : Preparations are in the full swing for the forthcoming Foreign Ministerial Conference of the Organization of Islamic Conference (OIC) in Kampala, capital of Uganda. The 35th Session of Islamic Conference of Foreign Ministers will be held at the Speke Hotel Munyonyo on June 18-20. The Conference will be preceded by a business forum on June 16-18 at Imperial Royale Hotel, reported All Africa.com.
Nearly 1000 participants are expected to attend the OIC Business Forum from the world over. The forum will also facilitate one to one match-making meetings with parties of same interest and a platform to meet potential investors and project financiers. “Most of the richest people in the Arab world have confirmed their attendance and we encourage our business community to utilize this opportunity to promote their businesses. Most Islamic countries have decided to invest more in sub-Saharan Africa to fully tap the African market.
The Business Forum will create a platform for sharing experiences and identification of investment opportunities in Africa with the 57 members of OIC that included countries like Saudi Arabia, Turkey, Indonesia, Malaysia, Kuwait, Libya, United Arab Emirates, Qatar, Brunei, Iran, Pakistan, Egypt and Bahrain. “The meeting will lay a foundation for tapping investment opportunities within the region since Uganda is the only member of OIC within the East African Community. This is not an affair for only Uganda but the whole region; we have invited the East African Business Council to also participate. We want to promote business and investment in the region during this forum,” said Mr. Isaac Musumba, the Ugandan state minister for Foreign Affairs (Regional Cooperation) in an interview with The New Times.