The meeting dealt
with preparations for the coming Intra-African Trade Fair (IATF) to be held in Rwanda next
Trade and Industry Nevine Gamea has held a virtual meeting with Benedict Okey
Oramah, president of the African Export–Import Bank
(Afreximbank), where they explored the bank’s current
and future projects in Egypt, and its role in supporting African economies to
face the repercussions of the coronavirus pandemic.
The meeting also
dealt with preparations for the coming Intra-African Trade Fair (IATF) in
Rwanda next September, as well as the bank’s initiative to establish African
“The government is keen to develop
cooperation programs, and joint projects with Afreximbank both at the
governmental and business levels, being one of the main financing institutions in
Africa,” Gamea said.
She further stressed the need for African
countries to make concerted efforts in order to achieve continental commercial
and industrial integration, and face the current global economic challenges.
Oramah, for his part,
affirmed the bank’s commitment to supporting Egyptian companies in face of the
negative impacts of the pandemic and to helping them strengthen their
commercial relations with partners on the Dark Continent.
He noted that the bank is currently
working on an initiative to establish an African trade and investment promotion
agency that aims to introduce Africa as an important investment destination,
through developing investment strategies, enhancing African supply chains and
providing capacity-building services.