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Red tape, risk can harm Africa trade, Bin Sulayem war

Published on November 20, 2015

African nations must do more to cut red tape and develop their infrastructure if they are to attract investment and trade, DP World Chairman, Sultan Ahmad Bin Sulayem, said in Dubai on Tuesday.

Addressing delegates at the Africa Global Business Forum, he said that countries must realise they are competing with states around the world for investment funds.

DP World operates two ports in Algeria and one each in Djibouti, Senegal, Egypt and Mozambique. “The six terminals we have are in partnership with the governments,” Bin Sulayem said at a session on the infrastructure of trade. “It’s working.” Read more. Source| Gulf News Economy