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Egyptian Gazette
Home Egypt

Bid to open new investment markets in Africa

by Gazette Staff
March 1, 2023
in Egypt, Business, World
Bid to open new investment markets in Africa 11 - Egyptian Gazette
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Fifteen manufacturers of household electrical appliances were represented in a mission assembled by the Engineering Export Council (EEC) at a fair in the Democratic Republic of Congo (DRC).

The event, which wraps up on Friday, was organised in co-operation with the Egyptian Foreign Ministry, the Egyptian Embassy in Kinshasa and the United States Agency for International Development (USAID), under the sponsorship of the National Bank of Egypt (NBE) to explore potential business opportunities.
EEC director Maha Salem said in a press release on Wednesday that a meeting was held with DRC minister of agriculture to discuss bilateral co-operation and the import of Egyptian-made farm machinery and equipment.
The EEC announced that it plans to open new investment markets in Africa to increase Egyptian engineering product exports, the statement said, citing that DRC is a promising market.

Tags: AfricaEECInvestmentmarkets

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The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
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EU, Gulf states postpone summit due in Saudi Arabia

Egypt, Bahrain FMs boost economic, investment ties

Egypt, Somalia FMs discuss ties, development in Horn of Africa

WB raises Egypt’s FY2025/26 growth forecast to 5.1 %

Sisi: Protecting state institutions is duty of all Egyptians

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