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.
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.