The Egyptian government believes that, following Brexit, the UK will have to benefit from Egypt’s position as a trade centre and gateway to Africa, according to Egypt’s Prime Minister Mostafa Madbouly.
The Prime Minister’s remarks came during his speech at the virtual meeting on “Egypt’s Green Economy” Programme, that is being held by the British Egyptian Business Association (BEBA), and the Egyptian-British Chamber of Commerce (EBCC).
Madbouly said that Africa has become one of the most important destinations for international companies and financial institutions.
“We believe that our cooperation in Africa should be based on a number of axes, which are to intensify work on the implementation of projects and the development of infrastructure to achieve continental integration, and to activate all the implementation phases of the African Continental Free Trade Agreement (AfCTA),” he said, “This will be done in a way that contributes to enhancing intra-trade and enhancing the national efforts of African countries in order to support the private sector in order to achieve the desired development, empower youth and women, and support small and medium-sized enterprises in the field of international business. Read More.