Somalilandsun: After Brexit, the UK wants to boost business trade with Africa thus On 20 January 2020, the UK Prime Minister, Boris Johnson, hosted the UK-Africa Investment Summit.
The UK-Africa Investment Summit 2020 laid the foundations for new partnerships between the UK and African nations based on trade, investment, shared values and mutual interest. Billions of pounds of new commercial deals were announced highlighting the strength of the UK’s offer and existing relationship with Africa. The UK also announced new initiatives and funding which will: strengthen the joint trading relationship, support African countries in their ambition to transform their economies, launch a major new partnership with the city of London, turbo-charge infrastructure financing, and enable Africa’s clean energy potential. Taken together, this will help to realise the UK’s ambition to be the investment partner of choice for Africa, create hundreds of thousands of jobs and ensure the mutual prosperity of all our nations.
With participation of 21 African countries the Summit agreed new lasting partnerships between the UK and African countries to deliver more investment, jobs and growth.
Though Somaliland was not officially represented at state level a number of local concerns with international connections like Guul Group were closely watching thence an anticipated tap in to agreed upon benefits of the new post Brexit UK engagement with Africa.
Registered in both the UK and Somaliland Guul Group is a corporation that has a sizeable portfolio and is operating across a range of sectors that include agriculture, livestock, and related sectors consultancy in which it facilitate Bridging the Investment, Trade & Development gap for the Horn Africa in the Diaspora.
Below UK Government Statement