PAEC to connect Pakistani businesses with Africa’s growing markets
The Pakistan-Africa Economic Council (PAEC) is launching to foster trade and investment between Pakistan and various African nations. The initiative aims to connect entrepreneurs and businesses to unlock economic growth and regional connectivity.
Why it matters
This platform represents a strategic effort to diversify Pakistan's trade partnerships and tap into the rapidly growing markets of the African continent.
ISLAMABAD - The Pakistan-Africa Economic Council (PAEC) is set to be formally launched this Friday, creating a new platform aimed at expanding Pakistan's trade, investment and business partnerships with Africa's rapidly growing markets.
The PAEC is described as Pakistan's first official Securities and Exchange Commission of Pakistan (SECP)-authorised and registered Africa entrepreneurship platform. It will connect Pakistani and international entrepreneurs, investors and businesses with project-specific opportunities and joint ventures in Pakistan and selected African countries. With Africa's population standing at approximately 1.59 billion, the Council aims to unlock greater trade engagement between Pakistani businesses and African economies by connecting capital, production capacity and entrepreneurial expertise with viable projects, said a release issued here on Tuesday.
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