Catholic Information Service for Africa (Nairobi)
9 May 2008
Kampala — The 35th Organization of Islamic Conference (OIC) will be held here between June 18-20, attended by foreign ministers and businesspeople from Muslim countries.
The conference will be preceded by a business forum on June 16-18 at Imperial Royale Hotel, as a parallel event to the Council of Foreign Ministers to be held on the 18 -20 at the Speke Hotel Munyonyo.
The forum will create a platform for sharing experiences and identification of investment opportunities in Africa with the 57 members of OIC, Uganda's regional cooperation minister, Isaac Musumba, said.
"The meeting will lay a foundation for tapping investment opportunities within the region since Uganda is the only member of OIC within the East African Community. This is not an affair for only Uganda but the whole region; we have invited the East African Business Council to also participate. We want to promote business and investment in the region during this forum," he told The New Times of Rwanda.
Some 1,000 participants are expected to attend the OIC Business Forum. "Most of the richest people in the Arab world have confirmed their attendance and we encourage our business community to utilize this opportunity to promote their businesses. Most Islamic countries have decided to invest more in sub-Saharan Africa to fully tap the African market," the minister said.
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