AMMAN – HE Dr. Talal
Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global),
participated as a keynote speaker at the 8th African Forum of Investment and
Commerce (AFIC8) entitled ‘Future Africa’, which took place at the People's
Democratic Republic of Algeria, with in-person and online participation.

The Forum which discussed
investment and production opportunities in Africa, was attended by many
experts, stakeholders, and ambassadors from serval African states. It was
organized by the Arab-African Center for Investment and Development (CAAID).

In his opening speech, Dr.
Abu-Ghazaleh expressed his pride and gratitude for participating in the Forum,
indicating that the world has moved into a new era or the so-called Knowledge
Age or Knowledge Revolution. He pointed out that: “Similar to the Industrial
Revolution and the Agricultural Revolution in the past, at present, we are
embracing the Knowledge Revolution which means that the future of
wealth-creation would be restricted to knowledge creations, taking into
consideration that the world’s largest corporations are knowledge-based
businesses.”

He also urged the attendees to
join and support the project of the Africa-Med-Europa Foundation (La Verticale)
which aims at strengthening relations between Africa, the Mediterranean and Europe through the
implementation of concrete proposals to improve economic and political ties in
various aspects.

Dr. Abu-Ghazaleh, who chairs
La Verticale Foundation, pointed out that the Forum’s participation and
contribution to the project would have a significant impact on facilitating and
activating cooperation, as well as implementing projects that build bridges of
cooperation between Africa and Europe for a prosperous economy.

Moreover, Dr. Abu-Ghazaleh
praised Algeria’s development in various economic aspects, achieving 4% growth
in 2021 according to the International Monetary Fund (IMF), noting that it
created an attractive environment for investment in various sectors.

On the other hand, Dr.
Abu-Ghazaleh expressed his pride that TAG.Global, as an Arab and African
institution, succeeded in becoming a global organization that competes with
other global institutions. He expressed his great attention to
 TAG.Global’s close ties with Algeria, where its office was established in
1992.

It is worth mentioning that
the AFIC8 is one of the biggest African-Arab gatherings that was held in its 8^th
edition under the theme ‘Future Africa’, bringing together decision-makers,
experts, researchers, heads of organizations and chambers of commerce and
industry and other representatives of relevant institutions from 35 countries.