Foreign Minister on IFC investments in Egypt
Egypt is working with the International Finance Corporation to strengthen its role in supporting the private sector to achieve economic development, particularly in renewable energy, green hydrogen, and infrastructure. The government aims to increase the corporation's investments in Egypt to stimulate both local and foreign investment flows and to support economic growth amid global challenges. The two parties also emphasized the importance of expanding support for small and medium-sized enterprises and leveraging international financing strategies to advance green initiatives and sustainable development in Egypt and Africa.
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