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President Tsai Urges Taiwanese to Invest More in Africa

President Tsai Ing-wen on Wednesday advised Taiwanese businesspeople in Swaziland to not miss out on investment opportunities in Africa as they seek diversification.

Speaking to the Taiwanese business community in southern Africa, Tsai thanked them for the work they are doing in countries such as Swaziland, Mozambique, South Africa and Lesotho, which she said has allowed Taiwan to penetrate the African market.

Diversification is important in business in order to minimize the third-party impact of trade tensions like those between the U.S. and China at the moment, Tsai said.

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With this in mind, Taiwanese businesses would do well to focus their attention on Africa, given its huge market potential and basic infrastructure needs, she said.

Tsai said Taiwan will help facilitate investment by its entrepreneurs in Africa by strengthening ties with government and non-government agencies in several countries, despite the fact it has only two diplomatic allies in the region.

Meanwhile, on the second day of her four-day visit to Swaziland, Tsai visited Mbabane Government Hospital, where she met with 10 Swazi graduates of Taiwan’s I-Shou University.

Taiwan, which has a long history of providing medical assistance to Swaziland, will continue its aid that field by sending medical missions to the country, she said.

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Written by How Africa

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