Approval Date | 29 Apr 2015 |
Signature Date | 21 May 2015 |
Planned Completion Date | 31 Mar 2018 |
Last Disbursement Planned Date | 31 Dec 2017 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Multi-Sector |
DAC Sector Code | 15124 |
Commitment | U.A 1,200,000 |
Status | Completion |
The present support to Egyptian Agency of Partnership for Development is designed to enhance Egypt-COMESA trade and investment. The project will thus help to build the capacity of EAPD to play a leading role in promoting greater trade and investment between Egypt and African countries initially through this project that will focus, in the form of a pilot, on COMESA Member States. Based on the success of this project, this concept may be replicated with other African member states and other regions of the world. The proposed intervention will provide the tools and expertise needed to encourage such trade and investment and will comprise the organization of an Investment Forum, which will bring together private sector and governments from both sides to discuss and arrange joint ventures and promote trade and investment for Egypt. The project comprises four components. These are: (1) development of an Egypt-Africa Trade and Investment Information Portal to facilitate and boost Egypt-Africa trade and investment; (2) capacity-building of EAPD and Egyptian officials; (3) Egypt-Africa Investment Forum; and (4) Marketing and Investment Promotion.
The overall objective of the project is to enhance Egyptian trade and investment flows from/to Africa.
The main beneficiaries of the project will be: Egyptian Agency of Partnership for Development (EAPD) and its staff, the Egyptian private sector, commercial attaches and Ambassadors in Africa of the Ministry of Foreign Affairs, other Egyptian Government officials as well as COMESA private sector.
Funding
Middle Income Countries Fund
|
Extending
Government of Egypt
|
IATI identifier | 46002-P-EG-KF0-001 |
Last Update | 25 Mar 2023 |
Name | Prajesh BHAKTA |
p.bhakta@afdb.org |