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Jakarta Post

Can Indonesian trade, investment bless the rains down in Africa?

  • Amelinda Bonita Leonard

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Jakarta   /   Thu, November 15, 2018   /  12:05 pm
Can Indonesian trade, investment bless the rains down in Africa? Global ties: Delegates to the Indonesia-Africa Forum chat on Monday, a day ahead of the international conference in Bali’s Nusa Dua. The two-day event aims to discuss issues of economic cooperation and trade. (Antara/Nyoman Budhiana)

President Joko “Jokowi” Widodo has emphasized the importance of expanding Indonesian investment and trade to non-traditional trading partners such as in Africa.

In his address at the opening of the 2018 Trade Expo Indonesia recently, the President hailed the success of Dexa Medica, a local pharmaceutical company that exports medicine to Nigeria.

Maintaining business deals with Africa is not a novel idea at all. But is it possible for Indonesian investors to expand their business to Africa? 

Going back to April this year, the Indonesia Africa Forum was held in Bali. Two main key points that could be accounted for are the facilitation of a financing mechanism for trade and investment in Africa and to establish better economic diplomacy. 

The event also concluded several business deals between Indonesian-based...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.