Egypt's construction and chemical investments in Africa worth $7.9 billion
SIS, 1 February 2016
Investment Minister Ashraf Salman said that Egypt's direct investments in Africa amount to some 7.9 billion dollars.
Salman said during a press conference to review preparations for an Africa investment summit to be held in Sharm el Sheikh on February 20-21, adding that those are private sector investments, mainly in the fields of construction and chemical industries.
Salman noted that Africa has become of great importance to world investors. The Egyptian government is, as well, giving priority to Africa.
Investing in Africa is an Egyptian commitment meant to boost partnership and cooperation with African countries, the minister noted.