Business Daily Media

The Times

.

InvestHK promotes Hong Kong as strategic gateway for African enterprises to expand in Asia

HONG KONG SAR - Media OutReach Newswire – 11 May 2026 - Invest Hong Kong (InvestHK) is set to broaden its strategic engagement with the African continent as Associate Director-General of Investment Promotion Ms Loretta Lee today (May 10) embarks on an eight-day visit to Johannesburg, South Africa, and Kigali, Rwanda.

The mission aims to strengthen economic ties with African economies and promote Hong Kong as the premier springboard for African enterprises to tap into the Chinese Mainland and Asia-Pacific markets.

InvestHK promotes Hong Kong as strategic gateway for African enterprises to expand in Asia

Ms Lee said, "Africa holds a strategic position in the Global South, representing a vital engine of growth in an era of global economic uncertainty. Interconnectivity is the key to unlocking this potential, and Hong Kong plays a strategic role in linking capital, talent, and innovation and technology between Africa, the Chinese Mainland, and international markets to drive high-quality, multilateral growth. As the Government's arm for both inward investment and Chinese Mainland enterprises aiming to go global, InvestHK facilitates two-way investment through strategic market insights, extensive global access, targeted promotion and policy facilitation. "

Ms Lee will visit Johannesburg from May 10 to 13 to meet with representatives from the local chambers, financial institutions, banks, fintech interests, and business and professional services sectors. Extending her mission to Kigali, Rwanda, from May 13, Ms Lee will represent InvestHK at the Africa CEO Forum to drive high-level exchanges with C-suite executives from the continent's leading multinationals.

African enterprises establishing a presence in Hong Kong can benefit from a globally recognised common law system and Asia's most competitive tax regime. Most recently, Hong Kong has further sharpened its competitive edge by announcing a halve in the profits tax to 8.25 per cent from the standard 16.5 per cent for qualifying physical commodity traders. By combining this fiscal incentive with the city's status as the world's pre-eminent offshore Renminbi hub, Hong Kong offers African commodities exporters a high-liquidity, efficient gateway to Asian markets.

In line with the advancement of the National 15th Five-Year Plan, Hong Kong is leveraging its status as a "super connector" and "super value-adder" to support national development. As China-Africa economic relations pivot towards high-value trade and investment, Hong Kong is uniquely positioned to accelerate two-way capital flows - spurring growth across finance, shipping, and innovation and technology.

Citing the South African national rugby team's recent first-ever title at the Hong Kong Sevens, Ms Lee emphasised that such vibrant people-to-people connections are not merely symbolic, but serve as a meaningful foundation for driving bilateral economic connection.
Hashtag: #InvestHK

The issuer is solely responsible for the content of this announcement.

News from Asia

HRiQ™ Unveils Intelligent HR System With AI-Powered Functions, Extending Professional-Grade Capabilities to Organisations of Every Size

SINGAPORE - Media OutReach Newswire - 28 May 2026 - HRiQ™ by IQ Dynamics has officially announced an intelligent HR System aimed at easing HR practitioner pains and processes, its next-generation...

Bracell Exceeds Female Entrepreneurship Target and Reaches 73% of Projects Led by Women

Company brings forward its Bracell 2030 target and strengthens social impact through income generation and female empowerment in local communities SINGAPORE - Media OutReach Newswire - 28 May 2026...

TrendAI™ is recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Endpoint Protection Platforms

Named a Leader in Endpoint Protection Platforms 21 times in a row HONG KONG SAR - Media OutReach Newswire - 28 May 2026 - TrendAI™, the enterprise AI security leader from Trend Micro Incorpora...

Eternal Group Launches "The Eternal Path to China" at Esxence 2026, Offering a Strategic Roadmap for International Fragrance Brands Entering the Chinese Market

HONG KONG SAR - Media OutReach - 28 May 2026 - Eternal Beauty Holdings Limited (Eternal Group; Stock Code: 6883.HK), for over four decades the preeminent strategic gateway for fragrance and beauty...

Friso Champions Good Gut Health this World Digestive Health Day with The Secret Garden to Good Poop

SINGAPORE - Media OutReach Newswire - 26 May 2026 - Parents know that good gut health matters, but terms like gut microbiota, prebiotics, and probiotics can often feel overwhelming and difficult t...

TabTrade Edge Matches the Industry's Lowest Average Spreads on the Majors, Datalyst Data Shows

Measured across the full month with the daily rollover excluded, the Edge account averaged 0.04 pips on the majors, level with the best in the field. RODNEY VILLAGE, SAINT LUCIA – Media OutReach N...

Linz Health Launches Advanced Neurorehabilitation Clinic in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 28 May 2026 - Linz Health, an Australian-founded neurorehabilitation provider, has launched its first Hong Kong clinic, introducing a specialised out...

Leading UK school group to establish Phuket campus as international school demand grows beyond Bangkok

Recognised as Independent Secondary School of the Year 2026, NLCS will bring its academic model to Cherng Talay through a new day and boarding school for families across Thailand and the region ...

Oi Wah FY2026 Net Profit Surges by Nearly 48%, Continuous Expansion of Net Interest Margin Demonstrates Business Resilience

Prudent Risk Management Yields Solid Outcomes metrics, Core Pawn Business Demonstrates Resilient Growth with Proposed Final Dividend of HK$1.15 cents per share Results Highlights: Profit ...

ONYX Hospitality Group Advances Quality-Led Growth Across Asia-Pacific Through a Disciplined and Strategic Portfolio Expansion Approach

BANGKOK, THAILAND - Media OutReach Newswire - 28 May 2026 - ONYX Hospitality Group, a leading hospitality management company in Asia Pacific specialising in hotels, resorts, serviced apartments, a...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...