Afdb Special Envoy Praises Egypt’sRoleIn Advancing African Regional Integration &TradeSource: www.export-egypt.com 9/18/2024, Location: Africa |
|
|
|
|
|
On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's crucial role in advancing the continent's regional integration agenda and fostering trade and investment.
While meeting with Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, and Abdourahmane Diaw, AfDB Country Manager, the officials explored recent efforts by the Egyptian government to navigate the complex global economic landscape encountered over the past three years. According to a ministry statement, discussions centered on the longstanding partnership between Egypt and the AfDB, which dates back to 1974, with the bank's development cooperation portfolio in Egypt now valued at approximately $7.79 billion. Al-Mashat highlighted a new government initiative announced in July 2024 at bolstering macroeconomic stability and facilitating structural reforms that stimulate the private sector. This program seeks to invigorate the private sector and create a competitive economy attractive to investors while advancing essential infrastructure and services projects, she explained, and addresses the repercussions of ongoing global economic conditions and challenges from regional conflicts. Trabelsi commended Egypt’s influence in addressing regional crises and its proactive measures to enhance trade and investment across Africa, acknowledging Egypt's vital contributions to stability on the continent. The Minister reiterated Egypt's ongoing contributions to the AfDB's financial resources since 2010, emphasizing its position as a regional donor in the last five resource renewals. She also discussed the bank's potential support for Egypt's private sector and opportunities for collaboration through the Hub for Advisory, Finance & Investment for Enterprises platform. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
