Indonesia expected to sign $3.5 billion in deals at Africa forum By Reuters

JAKARTA (Reuters) – Indonesia plans to sign $3.5 billion worth of business deals with African countries as it hosts the second Indonesia-Africa Forum in the resort island of Bali, the South Asian country’s president said on Monday -East.

The forum, which runs until September 3, aims to strengthen economic cooperation as Indonesia seeks to expand its export markets.

“The partnership between Indonesia and Africa has so far significantly increased trade volumes and trade agreements,” President Joko Widodo said in his opening speech at the forum on Monday.

Several MoUs expected to be signed at the event include a geothermal project between state power company Perusahaan Listrik Negara and Tanzania Electric Supply Company (TANESCO), as well as an agreement between Indonesian pharmaceutical company Bio Farma and Ghana’s Atlantic Lifesciences Ltd, the foreign company in Indonesia. the ministry said in a statement on Sunday.

The ministry did not provide further details.

Indonesian authorities said they would increase surveillance at airports during the forum to prevent the spread of mpox. The mpox outbreak was among the topics discussed at the Indonesia-Africa Parliamentary Forum over the weekend, state news Antara reported.