Indonesia-Africa Forum in Bali Secures $3.5 Billion in Deals, Strengthens Ties in Energy, Health, and Trade
September 2, 2024
The Indonesia-Africa Forum is currently taking place in Bali, running from September 3 to 5, 2024, and has drawn a diverse group of Indonesian businesses eager to explore opportunities in Africa.
During this forum, Indonesia is set to sign business deals valued at $3.5 billion with various African nations.
In his opening speech, President Joko Widodo emphasized the significant increase in trade volumes and agreements between Indonesia and Africa.
The forum's theme, 'Bandung Spirit for Africa's Agenda 2063,' focuses on enhancing partnerships in critical areas such as energy, food security, health, and minerals.
The event has attracted over 1,400 delegates, including seven heads of state, ministers, entrepreneurs, and scholars from both Asia and Africa.
Indonesia is looking to diversify its trading partnerships, particularly with Africa, which is rich in critical minerals essential for Indonesia's growing industries.
Indonesia's Minister of Health, Budi Gunadi Sadikin, signed two memoranda of understanding with Sudan and Zimbabwe aimed at strengthening their health sectors.
The MoU with Sudan specifically targets health services, disease control, pandemic preparedness, and advancements in medical technology.
Minister Sadikin highlighted Indonesia's effective use of modern technology to boost agricultural output, contrasting it with Liberia's low rice production.
A notable collaboration announced at the forum involves Indonesian utility PT Perusahaan Listrik Negara partnering with Tanzania Electric Supply Co. Ltd. to develop geothermal energy.
This forum not only serves business interests but also aims to bolster Indonesia's political influence as a leader in the Global South.
At the conclusion of the forum, a summary report will be released, outlining expectations for agreements and business deals that will benefit both regions.
Summary based on 14 sources
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Sources

Voice of America (VOA News) • Sep 4, 2024
African leaders snub Indonesian summit in favor of China visits
Times Of India • Sep 2, 2024
Indonesia expects to sign $3.5 billion deals at Africa forum
Nikkei Asia • Sep 3, 2024
Indonesian e-bike, vaccine makers seek to expand in Africa
Nikkei Asia • Sep 2, 2024
Indonesia vows to 'defend interests of Global South' at Africa forum