This fund will also enhance digital transformation, and facilitate the work of African companies in Egypt, allowing them to benefit from the continuous development in the Egyptian economy.
“Development is a human right,” said Egyptian President Abdel Fatah El Sisi at the Africa 2019 Conference in the New Administrative Capital.
Eleven financial and technical agreements were signed on Saturday.
The amount of work achieved takes up to 10-15 years in other countries, Chakrabarti said.
Vice-president of European Investment Bank (EIB) Dario Scannapieco expressed interest in a meeting with Egyptian prime minister.
Madbouly highlighted that Egypt is on the right track.
"We are promoting sustainability and helping to forge strong links within countries and cross border here and in the other economies where we invest,”EBRD President Suma Chakrabarti said.
Nasr clarified that the forum will witness the announcement of development and investment agreements between development partners and the continent.