CAIRO: Hassan Fahmy, head of the General Authority For Investment “GAFI” signed Thursday a cooperation agreement with Dave Manraj, Mauritius’ Minister of Finance’s deputy. The agreement aims to boost mutual cooperation, make use of investment opportunities and help promote Egypt’s presence in the African continent.
Fahmy said “the agreement came in the light of Egypt’s new strategy for restoring its pioneering role in Africa, paving the way for investments as well as achieving economic integration with the continent as a whole,” Mubasher reported.
During Mauritius’ first meeting with the Common Market for Eastern and Southern Africa “COMESA”, Fahmy announced investment opportunities in Egypt, reform measures and guarantees given to investors as a step for attracting new investments along with restoring the economy.
Attyia Hassan , expert in economic affairs , told Al Fagr news gate June 30 that relations between Egypt and its African neighbors have witnessed a leap after President Sisi’s visit to several African countries” after the last African summit in June and encouraged new measures of mutual cooperation.