The AFRASEAN Foundation is a Business Facilitation Network which creates alliances with leading Business organisations/ chambers of commerce from the ASIA PACIFIC AND AFRICA region.
The FOUNDATION was set up in 2019 and consists of leading businesses from Indonesia, Kenya, Zimbabwe, Botswana, Saudi Arabia, Tunisia, United Arab Emirates, Kuwait and Tunisia.
The purpose of Afrasean is to create a platform from which business associations from the region can discuss the challenges for businesses and identify shared solutions and policy recommendations. A specific emphasis is on improving access to the African market for businesses from the Asia-Pacific region region.
Afrasean will contribute to the creation of a more enabling environment for the private sector in the region for the benefit of growth and development in general. The participating Businesses have signed a Memorandum of Understanding to work strategically together, promoting relevant policy issues within and between their respective countries and internationally.
The Mission
to enhance the private sector growth through a public-private dialogue, B2B Activities, Knowledge Sharing, Business Service Development and policy advocacy aimed at improving the General Business environtment in the region, and to enhance commercial links Between Asia and Africa.
The Network is achieving this mission by
Supporting regional economic integration to reduce economic fragmention and facilitate countries integration into Global Value Chain (GVC's).
The Innitiative focuses on bringing together governments, the International Community, and the private sector together through a policy dialogue, an integrated strategy for the Economic Development, an exchange of good practices and the capacity of bilding reform Implementation.
The aim is to foster shared and inclusive economic growth through co-operation with regional and international partners, developing trade promotion policies, cross-border investment structuring, economic diversification, market research and analysis, developing digital infrastructure support and security.
