biz.liga.net

Ukrainian business has created a business council to work with African markets

Share Report:
Ukrainian business has created a business council to work with African markets

Domestic business has established the Ukrainian-African Business Council (UAfrica Business Council), which is intended to strengthen Ukraine's economic presence in African markets and expand export opportunities for domestic companies. About reported Ministry of Economy, Environment and Agriculture.The inaugural meeting of the council was held on May 25, Africa Day. The new cross-sectoral platform will work as a common space for business, government agencies, industry associations and educational institutions.The council's key areas of work include the development of trade and logistics routes, organization of business missions and B2B contacts, support for investment and infrastructure projects, and partnerships in education, science, and finance.The platform is expected to combine economic and humanitarian cooperation: from implementing projects to supply agricultural products and develop local agricultural infrastructure to training African specialists and supporting educational, medical, and social initiatives.In April 2026, the Ministry reminded, as part of the humanitarian initiative "Food from Ukraine" the first Ukrainian agro hub in Africa was launched – in the Republic of Ghana. The processing and distribution center is intended to strengthen food security, optimize logistics, and deepen economic ties with West African countries.Reference"Food from Ukraine is a new stage of the Grain from Ukraine initiative, launched in 2022 to strengthen Ukraine's role in the fight against the global food crisis. Its main idea is to supply Ukrainian grain to countries in Asia, Africa, the Middle East and other regions on the verge of famine.Since 2022, the initiative has shipped more than 320,000 tons of agricultural products (wheat and flour, corn, peas, oil) to 18 countries in Africa and Asia: Bangladesh, Djibouti, and Congo, Yemenethiopia, Zambia, Kenya, Mauritania, Malawi, Mozambique, Nigeria, Pakistan, Palestine, Somalia, Sudan, Syria, Tanzania and Chad.As a result of the three Grain from Ukraine summits, more than $370 million in donor funds were raised."The AgriHub in Ghana was the beginning of a long-term strategy for Ukraine's presence on the African continent. The state gave an impetus, and business actively picked up this vector. Establishment of UAfrica Business Council is a logical step in the development of cooperation," said Deputy Minister Denys Bashlyk.According to him, Africa is one of the most dynamic regions in the world and a promising market for Ukrainian exports and investments. The next stage of cooperation should be the transition from political dialogue to joint production projects, logistics solutions, technological partnerships, and educational programs.A separate area of the Council's work will be to support humanitarian and security initiatives Ukraine, as well as exchange of Ukrainian experience in resilience, recovery and security sector reform.Representatives of the Ministry of Economy, the Ministry of Foreign Affairs, the Ministry of Education and Science, the banking sector, agricultural business, universities, and leading Ukrainian companies have already joined the platform.Africa has become one of the areas of Russian propaganda, disinformation, and political influence, including through private military companies. How Russia is deceptively recruiting Africans to fight against Ukraine, using fake vacancies for cooks, drivers, or security guards and stories of Africans who survived the fighting in Ukraine read in the material LIGA.net