Investment partnerships, innovative financing support entrepreneurship in Africa, says Qatar Chamber official

Cairo, Egypt - The Qatar Chamber's Acting General Manager, Ali Bu Sherbak Al Mansori, underscored the vital role of strengthening investment and economic collaborations between Qatar and African countries. During his involvement in the Best of Entrepreneurship in Africa Series (BOE Africa 2026), held Nov. 9-10 2026 in New Cairo, Al Mansori spoke about opening up fresh avenues for partnership between business entities and fostering entrepreneurship and small and medium enterprises (SMEs).

This event, co-organized by the Arab League and the Islamic Chamber for Trade and Development (ICCD), emphasized Africa's vast economic and human potential, marked by an expanding consumer market and a burgeoning young demographic. Al Mansori stressed that realizing these opportunities necessitates creating a conducive business climate, bolstering access to finance, fostering stronger public-private alliances, and investing more in technology and innovation.

He reiterated Qatar's dedication to nurturing entrepreneurship and SMEs as pivotal catalysts for economic diversification and competitiveness, aligning with Qatar National Vision 2030. Al Mansori also revealed that the Qatar Chamber actively aids the private sector and entrepreneurs by promoting investment ventures, bridging Qatari firms with global business allies, and enhancing trade and investment ties.

He pointed out that the Qatar-Africa partnership presents promising prospects for strategic collaborations in technology, energy, agriculture, food sectors, logistics, and the digital economy. Al Mansori identified three primary objectives for fostering entrepreneurship in Africa: crafting innovative financing mechanisms for startups, forging cross-border investment partnerships, and facilitating knowledge and technology transfer to empower the youth and entrepreneurs to convert their ideas into thriving businesses.

He reasserted the Qatar Chamber's commitment to bolstering initiatives that cement business relationships and spur cooperative investments, expressing optimism that the conference would generate practical initiatives and enduring partnerships between Qatari and African enterprises.