Egypt’s investments in Africa come well above $10bn

Cairo – Mubasher: Egypt’s investments in Africa have exceeded $10 billion, Minister of Planning, Monitoring, and Administrative Reform, Hala El Saeed, said.

African investments in the North African country recorded around $2.8 billion, El Saeed added.

The minister referred to Egyptian initiatives launched recently, including the creation of the Africa Investment Guarantee Fund to encourage national businessmen to invest in the continent.

El Saeed participated in the First Rotary Egyptian African Business Forum held in Sharm El-Sheikh.

Mubasher Contribution Time: 04-Oct-2019 15:30 (GMT)
Mubasher Last Update Time: 04-Oct-2019 15:30 (GMT)