Egypt’s Foreign Minister Discusses Expanding Investment with IFC

Cairo – Dalia Attia

Egypt’s Minister of Foreign Affairs and International Cooperation, Badr Abdelatty, discussed ways to boost investment and support the private sector in Egypt with IFC Managing Director Makhtar Diop on the sidelines of the World Bank and IMF Spring Meetings in Washington

Abdelatty reaffirmed Egypt’s commitment to continuing economic reforms and improving the investment climate, praising the IFC’s role in supporting key sectors such as renewable energy and infrastructure

The talks also covered expanding cooperation in green economy and digital transformation, with both sides stressing the importance of partnership in supporting development in Egypt and across Africa

Diop reaffirmed the IFC’s commitment to increasing its investments in Egypt, describing it as one of the region’s promising markets

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