$3.5bn Business Deals Consummated at 2024 Indonesia-Africa Forum

Dike Onwuamaeze

Thirty-Two business partnerships worth over $3.5 billion were brokered during the 2nd Indonesia-Africa Forum, which was held this month in Bali, Indonesia.

This was disclosed by the Director for Asia-Pacific and African Affairs, Ministry of Foreign Affairs of the Republic of Indonesia, Mr. Abdul Kadir Jailani.  

President Bola Ahmed Tinubu was represented at the forum by the Minister of Information and National Orientation, Mr. Mohammed Idris Malagi, at the 2nd Indonesia-Africa Forum that witnessed the signing of 16 business agreements between Indonesian MSMEs and African companies in a two-day exhibition.

The Indonesian Vice Minister of Foreign Affairs, Pahala Mansury, used the event to hold forums on industry specific topics such as mining, agriculture, renewable energy, health and food security with Nigeria, Kenya and South Africa, etc. business communities.

The Chief Marketing Officer for Oxytane International Limited, Ricky Rahardja, used the occasion to showcase the milestones achieved by the Oxytane brand and expressed willingness to partner with interested distributors and representatives from Nigeria.

Also at the event was the Chief Financial Officer of Signature Global Real Estate, Mr. Abdulazeez Salawudeen, who showcased the opportunities in investment in Dubai Real Estate and the step by step guide in achieving the dream home ownership.

This was followed by a presentation from the CEO of AfroKana Ltd, “the No. 1 African Restaurant in Bali”, Mr. Felix Ezejiogu, who narrated the journey of his humble beginnings in entrepreneurship to establishing “the best African Restaurant in Bali till date”.

Also at the Bali events were the CEO of Seune Integrated Concepts Limited, Oluwaseun Ayoade, and the CEO of Vutomi Energy (PTY) Limited, South Africa, Mr. Timothy Simon.

Ayoade narrated the methodologies needed to avoid the several bottlenecks associated with logistical operations in Nigeria while Simon spoke on solutions through gas-fired plants, solar PV plants and hydro power plants, etc.