CWEIC

Uganda will seek to boost trade by taking part in the Commonwealth Trade and Investment Forum (CTIF) in Dhaka, Bangladesh.

A statement from the Commonwealth Enterprise and Investment Council (CWEIC) said the country delegation will be led by the Minister of Trade, Industry, and Cooperatives, Francis Mwebesa.

CWEIC, who are organising the forum said the event will take place on September 13 and 14.

‘The Forum will draw together a number of global business leaders and ministers for a series of networking opportunities and panel discussions,’ CWEIC said.

More than 150 international attendees are expected, with discussion panels set to focus on issues such as green financing, mental health in the workplace and global supply chains.

The forum will be opened by Sheikh Hasina, the Prime Minister of Bangladesh.

The Commonwealth Trade and Investment Forum is organised by CWEIC in partnership with the Bangladesh Investment Development Authority (BIDA), Bangladesh Ministry of Foreign Affairs and ZI Foundation.

Mwebesa was invited to take part in a panel on ‘Attracting Investment, Commonwealth Expertise’ and will offer his expertise on positioning Uganda as a hotspot for inward investment.

The Minister emphasized the significance of boosting Commonwealth trade. ‘A substantial demographic of women and youth in Africa resides in rural areas, particularly within the agricultural sector,” Mwebesa was quoted as saying.

The Commonwealth Enterprise & Investment Council (CWEIC), which is the official Commonwealth’s business network, has appointed Nigeria’s Dozy Mmobuosi as a member of its Global Advisor Council.

Mmobuosi’s appointment, which was announced by the organisation in a statement, was linked to his track records and achievements in agricultural financial technology.

Mmobuosi, who is the founder and chief executive officer of Tingo Group was described by CWEIC as a “distinguished Nigerian technology entrepreneur and advocate for technological advancement and social upliftment in Africa and beyond.

This is coming as CWEIC equally announced Tingo Group as its strategic partner.

With a foundation, the Dozy Mmobuosi Foundation, which is aiming to among other issues address key health challenges in Nigeria, especially prostate cancer, Mmobuosi’s Tingo Group provides a platform for about 10 millions farmers to reach the rest of world with their products and ideas.

Tingo, an Agri-Fintech business offers a comprehensive platform service through the use of smartphones while empowering subscribers in the agricultural sector to access a marketplace that helps them manage their commercial activities of growing and selling their products to market participants both domestically and internationally.

Using Tingo’s ecosystem, farmers could ship produce from farms throughout Nigeria, in both retail and wholesale quantities, CWIEC said in its statement, adding that Tingo’s system provides real-time pricing, straight from the farms, and already has approximately 9.3 million subscribers.

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CWEIC is a commercial, not-for-profit membership organisation with an official mandate from the Commonwealth Heads of Government to facilitate trade and investment throughout the 56 Commonwealth member nations.

The role of CWEIC is to use the convening power and trusted network of the Commonwealth to drive trade and investment.

Before Tingo Group was announced, CWEIC’s network included around 100 business and government Strategic Partners (members) including Standard Chartered, Zenith Bank, Trade & Investment Queensland and the Government of the Maldives from 30 countries and territories.

Source: Nairametrics

Uganda sends officials for Commonwealth trade forum in Bangladesh

CommonWealth appoints Dozy Mmobuosi as a member of its Global Advisor Council

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