KARACHI: Chairman of the Pakistan SADC Chamber Trade Federation PSCTF (Pakistan Chapter), Muhammad Rafiq Memon, has expressed confidence that the 1st Africa Diplomatic & Economic Conference 2026 will prove to be a significant milestone in promoting trade and investment between Pakistan and the African continent.
He said the initiative by the PSCTF (Pakistan Chapter) had the potential to transform diplomatic relations into meaningful trade and investment partnerships, paving the way for enhanced economic cooperation and opening new avenues for bilateral trade. He expressed hope that the Federation’s efforts, in collaboration with government institutions and trade bodies in Pakistan, would significantly boost trade between Pakistan and Africa, particularly the Southern African Development Community (SADC).
Rafiq Memon was speaking at a press conference organised by the PSCTF (Pakistan Chapter) at a local hotel in Karachi, on October 19, a day before the conference. The briefing was held to inform the media about the conference and its objectives of expanding trade and investment opportunities between Pakistan and Africa.
Patron-in-Chief of the PSCTF (Pakistan Chapter), Dewan Muhammad Yousuf Farooqui, extended his warm greetings to all delegates and participants. He said the conference offered a valuable platform to strengthen Pakistan–Africa relations, promote bilateral trade and foster strategic partnerships across industry, technology and sustainable mobility. “Yousuf Dewan Companies remains committed to Pakistan’s economic development, innovation and global collaboration,” he said, expressing hope that the conference would advance meaningful cooperation, lasting partnerships and shared prosperity between Pakistan and African nations.
Addressing the press conference, President of the PSCTF (Pakistan Chapter) Pakistan Chapter, Syed Moizuddin, highlighted the importance of strengthening trade relations between Pakistan and African countries.
He said the initiative aimed to bring together Pakistani business representatives and African diplomatic missions based in Pakistan to explore new opportunities for trade, investment, and economic cooperation.
Copyright Business Recorder, 2026