Egypt - Support to Egyptian Agency of Partnership for Development for Enhancing Egypt-COMESA Trade and Investment Project


Project Summary

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 15110
Commitment U.A 1,200,000
Status Completion

Project General Description

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.

Project Objectives

The overall objective of the project is to enhance Egyptian trade and investment flows from/to Africa.

Beneficiaries

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.

Participating Organization

Funding
Middle Income Countries Fund
Extending
Government of Egypt

Information

IATI identifier 46002-P-EG-KF0-001
Last Update 31 Oct 2019

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Contact Details

Name BHAKTA Prajesh
Email p.bhakta@afdb.org

Geographic Location

Country Egypt
Coordinates Location Name
27 30 Egypt