The General Authority for Investment and Free Zones (GAFI), in collaboration with the Egyptian Agency for Partnership for Development at the Ministry of Foreign Affairs, provided a five-day training program titled “Promotion of Investment Projects” for administrative personnel from investment agencies and authorities in 18 African countries.
The program aimed to teach African personnel how to promote and attract foreign direct investment. It covered the creation and operation of investment opportunity maps, automation of investment procedures, and improvement of the efficiency of investor service centers.
The Central Training Academy of the Authority hosted several training programs for African and Arab personnel working in the field of investment. Its goal is to demonstrate the Egyptian experience in attracting investment, which is a key factor for foreign direct investment flows in Africa.
The initiative aligns with the investment agreements and memoranda of understanding that the Authority has signed with African countries. The aim is to develop African capabilities that can create an investment-friendly environment and increase investment partnerships between Egypt and the rest of the continent.
The program had representatives from 18 African countries, including the Republic of the Congo, Malawi, Sierra Leone, Cameroon, South Sudan, Zimbabwe, Guinea-Conakry, Comoros, Somalia, Mauritania, Liberia, Kenya, Ghana, Gabon, Namibia, Senegal, Mozambique, and Chad.
