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ITFC, Expolink sign agreement to support entrepreneurs
9 June 2021  -  Sector :  -  Entity :  -  Category : Trade News

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The agreement aims to support the participation of entrepreneurs in the Expolink Export Incubator Program (EIP), under the umbrella of the Arab and African Trade Bridges Program.

Cairo- June 9, 2021

Minister of Trade and Industry Nevine Gamea has witnessed the signing of a partnership agreement between the Egyptian Exporters Association "Expolink" and the International Islamic Trade Finance Corporation to support the participation of entrepreneurs in the Expolink Export Incubator Program (EIP), under the umbrella of the Arab and African Trade Bridges Program, at a value of $60,000.

The EIP aims to develop and support the export journey of young entrepreneurs, fresh graduates, innovative start-ups, local manufacturers or established enterprises willing and able to export to global markets. By building export capacities, the program ultimately contributes to job creation and inclusive social and economic development in Egypt.

"The ministry aims to build trade bridges between Egypt, Africa and the Arab world, within President Abdel Fattah al-Sisi's initiative to boost Egyptian exports to $100 billion annually," Gamea said, noting that a Supreme Export Council will be formed for this end and chaired by the president.

The agreement was signed by Hani Sonbol , CEO of the International Islamic Trade Finance Corporation and Khaled al-Mikati, Chairman of  Expolink.

 

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