PM opens 2nd day of Africa investment forum



Sat, 23 Nov 2019 - 09:17 GMT


Sat, 23 Nov 2019 - 09:17 GMT

FILE: Prime Minister and Minister of Housing and Urban Development Mustafa Madbouli

FILE: Prime Minister and Minister of Housing and Urban Development Mustafa Madbouli

CAIRO, Nov 23: Prime Minister Mostafa Madbouli will inaugurate on Saturday the second and last day of the "Investment for Africa Forum 2019" which kicked off in the New Administrative Capital on Friday.

Delegations of more than 35 African countries, representatives of international organizations and financial institutions – a top of which are the United Nations, the World Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Islamic Development Bank and the African Export–Import Bank – are taking part in the forum.

Premier Madbouli will take part in the first session of the forum that will tackle successful experiences of African countries towards attaining comprehensive development.

The second session, which is set to be attended by Trade Minister Amr Nassar, will highlight ways of stimulating investments towards achieving industrial transformation in the African continent.

A third session will be held on the role of women in building societies in Africa in light of the African Union's goal for empowering women and achieving equality with men.

Investment Minister Sahar Nasr is due to chair the fourth session that will address the prospects of joint Arab-African investment, in light of the African Continental Free Trade Agreement.

Meanwhile, the fifth session will discuss means of boosting digital conversion in Africa.

The sixth session will focus on investment opportunities in the field of renewable energy.

The seventh session will focus on potential investment in the continent's human capital.



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