13 Hrs
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بوابة الشروق
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Foreign Minister Aims to Boost Ties with Arab Bank for Africa
The Egyptian Ministry of Foreign Affairs welcomed the President of the Arab Bank for Economic Development in Africa to discuss ways to strengthen economic cooperation between Egypt and African countries, in a manner that promotes sustainable development and intra-African trade. The minister emphasized the importance of supporting the role of Arab financial institutions in funding developmental projects, as well as benefiting from Egyptian expertise in energy, water resources, and infrastructure development. There was a particular focus on supporting African initiatives and the Continental Free Trade Agreement. The minister also underscored the need to enhance Egyptian investments in Africa, especially through financing mechanisms and investment guarantees.
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