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Wednesday, 10 July 2019

Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off

Afreximbank dedicates USD 1 bn to support AfCFTA: Afreximbank has decided to allocate USD 1 bn to help countries that fear facing losses as a result of the AfCFTA agreement, President Benedict Oramah said on the sidelines of the African Union summit in Niger. The money aims to encourage countries to ratify the treaty by providing financial assistance.

Egypt-Tanzania business summit kicks off: Investment Minister Sahar Nasr inaugurated yesterday with Tanzanian Prime Minister Kassim Majaliwa the Egypt-Tanzania business summit, the Investment Ministry said in a statement. During the summit, Majaliwa invited Egyptian businessmen to invest in Tanzania’s agriculture industry while Nasr called on Tanzanian businessmen to increase their investments in Egypt.

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