The UK would continue to be Africa’s investment partner of choice green transition, Secretary of State for International Trade, Anne-Marie Trevelyan has stated.
She said while hosting a one-day virtual event, which aimed to unlock millions of pounds of new investment, especially in clean energy industries in both the UK and across Africa.
The virtual conference was the second virtual Africa Investment conference, held recently to boost economic cooperation with African nations and enhance its role as the continent’s investment partner of choice for greener, climate-friendly projects.
In a ‘virtual fireside talk’ with the Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, the Trade Secretary said sustainable trade and investment were crucial for reducing global inequality, improving economies, raising incomes and creating jobs.
According to Trevelyan, “Two years on from the inaugural UK-Africa Investment Summit, the UK’s ambition to be Africa’s investment partner of choice has never been stronger.
The continent has huge economic potential, and our continued partnership will help businesses capitalise on investment opportunities, supporting high value jobs and boost enterprise in every part of the UK.
“This year’s conference focuses on the importance of resilient, sustainable investment to support Africa as it pivots towards a more environmentally-friendly growth trajectory, and I look forward to working with leaders from the continent as they continue on this path to a greener future.”
