Rédaction Africa Links 24 with Addis Standard2
Published on 2024-02-13 13:10:50
The Dubai International Chamber, which is a vital entity under Dubai Chambers, has played a key role in the entry of Mars Food Industries into the Ethiopian market. This marks the first deal for Mars Food Industries on the African continent, and it has been facilitated with the support of Dubai Chambers to export baby food products under its Miralac brand to Ethiopia.
According to the press release by the Dubai International Chamber, this collaboration led to a commercial cooperation agreement between Mars Food Industries and Tana Ekt Trading, with Dubai Chambers catalyzing this significant milestone. The first shipment is already en route to Ethiopia, and Mars Food Industries is poised for further expansion across Africa, supported by the Dubai International Chamber’s office in Addis Abeba.
The Dubai International Chamber currently has seven representative offices across the African continent, including in Ethiopia, Egypt, Ghana, and Kenya. This demonstrates the organization’s commitment to fostering business relations and facilitating international trade ties between Dubai and various African countries.
The Chamber’s role in supporting Mars Food Industries’ entry into the Ethiopian market showcases its dedication to promoting economic cooperation and investment opportunities between the UAE and African nations. The collaboration between Mars Food Industries and Tana Ekt Trading is a testament to the positive impact of such partnerships in driving economic growth and providing consumers with access to a diverse range of products.
The Dubai International Chamber’s efforts in expanding its presence in Africa and facilitating trade agreements reflect the UAE’s commitment to strengthening its economic ties with the continent. By providing support to companies looking to enter African markets, the Chamber is contributing to the development of robust business ecosystems that can drive sustainable economic progress and create employment opportunities.
The successful collaboration on the entry of Mars Food Industries into the Ethiopian market is a positive example of how organizations like the Dubai International Chamber can play a crucial role in bridging the gap between markets and facilitating mutually beneficial partnerships. By leveraging its expertise and network, the Chamber has been able to facilitate a commercial cooperation agreement that opens up new opportunities for Mars Food Industries and Tana Ekt Trading in Ethiopia.
The advancement of economic ties between the UAE and African countries is a strategic priority for the Dubai International Chamber, and its efforts in supporting Mars Food Industries’ expansion into Ethiopia underscore its commitment to fostering trade and investment in the region. As Mars Food Industries prepares for further expansion across Africa, the Chamber’s support will be instrumental in navigating the complexities of new markets and building sustainable business relationships.
In conclusion, the collaboration between Mars Food Industries, Tana Ekt Trading, and the Dubai International Chamber represents a significant step in strengthening business ties between the UAE and Ethiopia. It also reflects the broader efforts of the Chamber to promote economic cooperation and drive trade expansion across the African continent. This partnership sets a positive precedent for future collaborations and underscores the potential for further growth and development in the region.
Read the original article on Addis Standard
