Zimbabwe Hosts Historic Investment Forum
Wallace Ruzvidzo, Herald Reporter
ZIMBABWE will host a historic SADC-Arab Bank for Economic Development in Africa (BADEA) Investment Forum aimed at promoting cooperation between the two bodies, on the margins of the SADC Council of Ministers meeting and the 44th Heads of State and Government Summit next month. The forum seeks to promote communication and visibility of the established cooperation between SADC and BADEA; serve as a platform for commemorating BADEA’s 50th anniversary since its establishment in November 1973 and showcase financial products of the Bank to SADC Member States. It also aims to exhibit SADC regional priority infrastructure projects to mobilise resources to support the implementation of the RISDP 2020-2030; present key milestones achieved in the context of implementing the SADC regional integration agenda, and notable contributions towards Agenda 2063; and define clear and specific actions that align with the priorities. In a concept note, the SADC Secretariat said the forum was a follow-through on a Memorandum of Understanding (MoU) signed between the two bodies to cooperate in industry, transportation, infrastructure, construction, energy, water, health, trade, agriculture and investment, among other areas. ReadMore