Egypt launches first comprehensive study on investment in Africa

The study will help Egyptian businesses explore new markets across Africa and offer detailed insights into promising sectors such as agriculture, mining, construction, technology, renewable energy, and water resource management.

It provides essential information about various African countries, including their investment laws and the national institutions responsible for regulating and attracting foreign investment.

The Foreign Ministry's initiative forms part of its broader commitment to Africa, which seeks to expand market opportunities for Egyptian products, support Egyptian enterprises, and implement development projects across the continent.

Egypt’s investments in Africa currently exceed $14 billion, according to previous remarks by Foreign Minister Badr Abdelatty.

During a meeting on 18 May with Massad Boulos, Senior Advisor to the US President on Arab and Middle Eastern Affairs and Senior Advisor for Africa, Abdelatty highlighted Egypt’s active role in supporting the continent.

He emphasized the role of the Egyptian Export and Investment Guarantee Agency (EEIGA), which has a capital of up to $600 million. He noted that the government has allocated $100 million for development projects in the Southern Nile Basin countries.

In May, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), said the government is developing sustainable strategies to facilitate investment flows and trade across Africa. Additionally, integrated partnerships are being established to strengthen intra-African investment and commerce.

Established in June 2014, the EAPD is a government agency under the Ministry of Foreign Affairs dedicated to supporting Africa’s development aspirations through capacity building, knowledge transfer, and promoting creative industries.