Business Daily Media

The Times


.

From Africa to Asia: InvestHK wraps up strategic visit to South Africa and Rwanda riding on Global South momentum (with photos)

HONG KONG SAR - Media OutReach Newswire – 21 May 2026 - Associate Director-General of Investment Promotion of Invest Hong Kong (InvestHK) Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong's position as the strategic launchpad for African and Global South enterprises seeking offshore business growth into the Chinese Mainland and the broader Asia-Pacific region.



Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong
Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong's position as the strategic launchpad for African and Global South enterprises seeking offshore business growth into the Chinese Mainland and the broader Asia-Pacific region. Photo shows Ms Lee (fourth left) and the Minister Counsellor in charge of Economic and Commercial Affairs of the Chinese Embassy in South Africa, Ms Liu Yu (fourth right), with other guests at a luncheon event in Johannesburg, South Africa, on May 11 (Johannesburg time).

During her visit to Johannesburg (May 10 to13) (Johannesburg time), Ms Lee engaged with a diverse range of leading enterprises and industry bodies. Discussions focused on how Hong Kong's robust business environment can empower African enterprises to effectively manage and scale their expanding Asian operations.

Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong
Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong's position as the strategic launchpad for African and Global South enterprises seeking offshore business growth into the Chinese Mainland and the broader Asia-Pacific region. Photo shows Ms Lee (centre) meeting with local media at the Africa CEO Forum in Kigali, Rwanda, on May 15 (Kigali time).

Ms Lee also met with local chambers of commerce and government investment agencies to explore new avenues for collaboration. She highlighted that Africa is one of the InvestHK's key markets, as many African enterprises are now looking to diversify their funding sources and simplify cross-border transactions through Hong Kong's deep capital markets and unique connectivity with Chinese Mainland.

Ms Lee said, "Africa has emerged as a vital engine of growth within the Global South. Our journey of thousands of miles to Africa begins with a meaningful step. For African corporates looking for a trusted and strategic partner to expand into the Chinese Mainland and the Asia-Pacific region, the interest, relationships, and momentum are building up. Hong Kong has vast potential to play a unique role linking capital, talent, and innovation between Africa and our part of the world, while InvestHK will continue to be a driver of this interconnectivity, facilitating two-way investment through strategic market insights, extensive global access, targeted promotion, and policy facilitation. "

Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong
Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong's position as the strategic launchpad for African and Global South enterprises seeking offshore business growth into the Chinese Mainland and the broader Asia-Pacific region. Photo shows Ms Lee (fourth left) at a local marketing agency in Johannesburg, South Africa, on May 13 (Johannesburg time).

The Minister Counsellor in charge of Economic and Commercial Affairs of the Chinese Embassy in South Africa, Ms Liu Yu, said, "The synergy between South Africa and Hong Kong in the economic and trade fields is both complementary and strategically significant. Under the framework of the 15th Five-Year Plan, Hong Kong's status as a global offshore Renminbi hub and an international asset management centre provides a professional one-stop platform for enterprises to go global. We encourage South African and Chinese Mainland enterprises in South Africa to leverage Hong Kong's unique professional advantages to optimise their supply chain layouts and achieve high-quality, mutually beneficial development."

Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong
Associate Director-General of Investment Promotion of Invest Hong Kong Ms Loretta Lee concluded a successful mission to South Africa and Rwanda today (May 18), reinforcing Hong Kong's position as the strategic launchpad for African and Global South enterprises seeking offshore business growth into the Chinese Mainland and the broader Asia-Pacific region. Photo shows Ms Lee (third right) at the Johannesburg Stock Exchange on May 12 (Johannesburg time).

The President of the South African Chamber of Commerce and Industry (SACCI), Mr Mtho Xulu, said, "We want to see the relationship beyond our borders, where we take companies from South Africa into Hong Kong, using the city as a platform to scale into the bigger markets. Whether it's for innovation, manufacturing, or industrialisation, we want to look at how we can collaborate further and bring the two places closer together. This ecosystem is exactly what our members need to unlock high-value opportunities on the Chinese Mainland and across Asia."

The visit culminated in Kigali, Rwanda, where Ms Lee represented InvestHK at the Africa CEO Forum, engaging in high-level discussions with C-suite executives from the continent's leading multinationals on May 14 and 15 (Kigali time).

Continuing the momentum of two-way economic ties, InvestHK will host an Africa Day Reception in Hong Kong on May 26, assembling local African business communities to explore new avenues for cross-border collaboration.
Hashtag: #InvestHK

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

News from Asia

JOYY Delivers YoY and QoQ Growth in Total Revenues as Diversified Businesses Sustain Strong Momentum

SINGAPORE – Media OutReach Newswire – 26 August 2026 – JOYY Inc. (NASDAQ: JOYY) ("JOYY" or the "Company"), a leading global technology company, today released its unaudited financial results for t...

Bertelsmann Stiftung: Artificial intelligence can strengthen citizen participation

The Bertelsmann Stiftung's new Policy Brief uses 50 case studies from 22 countries to illustrate how AI can support citizen participation and to identify the risks that must be considered. The stud...

Binzhou Unveils "Trade-In" Housing Models to Stabilize Real Estate Market

BINZHOU, CHINA - Media OutReach Newswire - 26 August 2026 - At a policy briefing on the Binzhou Integrated Real Estate Policy Package held by the Information Office of the Binzhou Municipal Gover...

Hardcore Quality Conquers Global Users: GREE Premium RACs Top the 2025 Global Sales

ZHUHAI, CHINA - Media OutReach Newswire - 26 August 2026 - Recently, Frost & Sullivan, a globally renowned market research and consulting firm, awarded GREE Electric Appliances a certificate, ...

Only 49% of Singaporeans Feel Prepared for the Next Decade

Financial pressures and burnout emerge as key challenges to life preparedness according to Etiqa Insurance Singapore Life Preparedness Survey 2026SINGAPORE – Media OutReach Newswire – 26 August 20...

Shanghai Summer 2026 Makes the City Easier to Explore with New Travel, Payment and Visitor Services

SHANGHAI, CHINA – Media OutReach Newswire – 26 August 2026 – From tapping into the metro and paying at local shops to claiming tax refunds, booking family stays and unlocking dining benefits, Shan...

Arrow Electronics brings AI, electrification, and intelligent power solutions to PCIM Asia

Addressing AI's growing power demands with greater efficiency and resilienceSHENZHEN, CHINA – Media OutReach Newswire – 26 August 2026 – Arrow Electronics, a global provider of technology solutio...

Huawei and HP Inc. Sign Global Patent Cross-Licensing Agreement

SHENZHEN, CHINA – Media OutReach Newswire – 26 August 2026 – Today, Huawei and HP Inc. announced the signing of a multiyear global patent cross-licensing agreement, including license to HP Inc...

SIRIVANNAVARI Designs Thailand’s Official Ceremony Uniforms For The 20th Asian Games

Thai craftsmanship and contemporary design come together under “The Art of Unity”, bringing locally handwoven cotton and traditional indigo textiles to the international sporting stage.BANGKOK, THA...

Dr. Terence Tan, Medical Director of Halley Body Slimming Clinic, Discusses an Integrated Approach to Semaglutide Treatment and Weight Management at the Society of Aesthetic Medicine (Singapore) Conference 2026

SINGAPORE – Media OutReach Newswire – 26 August 2026 – On Sunday, 26 July 2026, Dr. Terence Tan of Halley Body Slimming Clinic presented at the Society of Aesthetic Medicine (Singapore) Conference...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

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...