By Rafiq Vayani
KARACHI: Dewan Muhammad Yousuf Farooqui, Patron-in-Chief of the Pakistan SADC Chamber Trade Federation (PSCTF), has expressed optimism that the 1st Africa Diplomatic & Economic Conference 2026 will mark a significant milestone in strengthening trade, investment and economic cooperation between Pakistan and African nations. Speaking ahead of the conference at a press briefing held at the Pearl-Continental Hotel, Karachi, he welcomed delegates and participants and emphasised the importance of building strategic partnerships across industry, technology and sustainable mobility. He reaffirmed that Yousuf Dewan Companies remained committed to Pakistan’s economic development, innovation and global collaboration, expressing hope that the conference would pave the way for lasting partnerships and shared prosperity.
PSCTF Chairman Muhammad Rafiq Memon said the initiative could transform diplomatic relations into meaningful business partnerships, opening new avenues for bilateral trade, particularly with the 16-member Southern African Development Community (SADC). President of the PSCTF Pakistan Chapter Syed Moizuddin highlighted the importance of bringing Pakistani business representatives and African diplomatic missions together to explore trade, investment and joint ventures. Senior Vice President Mohammad Shafiq stressed the need for practical measures to tap Africa’s vast economic potential and expand Pakistan’s export markets. The press conference was also addressed by Bakhtiyar Ahmed Farooqui, Chairman of the PSCTF Economic Advisory Council, and Ikram Ullah Jan, President of the PSCTF Khyber Pakhtunkhwa Chapter.
Held under the theme “Building Bridges of Diplomacy, Trade & Investment for Shared Prosperity,” the conference aims to facilitate business networking, encourage investment and help Pakistani companies access emerging African markets. Ambassadors of African countries based in Islamabad, consuls general and consuls representing African nations in Karachi, as well as leaders of major trade associations, chambers of commerce and industry, and representatives of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), were expected to participate. The event seeks to strengthen Pakistan–Africa relations through sustained dialogue, practical cooperation and mutually beneficial economic partnerships.
rafiq@biztoday.news
