Continuing the success of the webinar series organized by the EABA, along with the ongoing efforts, activities, and outstanding relationships between the association and its strategic partners. Some external entities are keen on cooperating with the association and its members to open new horizons.
Yesterday, a webinar titled “Benin&Egypt Business Day” was held, in close collaboration between the Egyptian African Businessmen Association, the Egyptian Embassy in the Republic of Benin, and the Investment and Export Promotion Agency (APIEx). It achieved tangible success.
The event witnessed a distinguished attendance by Her Excellency Ambassador Ragaa Elwakeel. Ambassador of Egypt to Benin, In addition to Dr. Yousrey El-Sharkawi, Chairman of EABA Mr. Moubarak SOUMANOU Director General of the Investment and Export Promotion Agency (APIEx). In addition to a distinguished group of businessmen from Egypt and Benin.
Mr. Alex Bain, representing the European Bank for Reconstruction and Development (EBRD), participated by giving a presentation on the EBRD’s operations in Benin and sharing his vision regarding financing programs that will soon be available for the private sector in Benin through the bank. He emphasized the EBRD’s commitment to supporting economic development in Benin, highlighting the crucial role of the private sector in achieving this goal.
He smoothly presented an overview of the European Bank for Reconstruction and Development’s investments in Benin. Mr. Bain focused on the sectors funded by the bank, and he also mentioned the new programs that the European Bank for Reconstruction and Development will soon launch to support the private sector in Benin.
These programs include dedicated financing lines for companies and projects in Benin. Mr. Bain also expressed his confidence that these new programs will contribute to attracting more investments to Benin. creating new job opportunities, And enhance comprehensive economic growth in the country.
Dr. Yousrey El Sharkawi expressed Chairman of EABA Dr. Yousrey El Sharkawi expressed his delight at organizing this important webinar, which enhances economic communication and cooperation between Egypt and Benin. El Sharkawi praised the strong relations between the two countries, emphasizing the importance of enhancing these relations to achieve sustainable development in the region. He pointed out that Benin is considered one of the promising markets in Africa, and he noted that this event represents an excellent opportunity for Egyptian businessmen to explore the investment opportunities available there and build successful partnerships with local companies, and exchange experiences and expertise to enhance innovation and development in the field of entrepreneurship.
El Sharkawi added that participation in this event comes to exchange experiences and knowledge in the field of entrepreneurship and trade, expressing his hope that this event will contribute to enhancing economic and trade relations between the two countries and achieving sustainable growth for businesses and investments.
He concluded his remarks by extending sincere thanks and appreciation to the Egyptian Embassy in Benin for its continuous efforts in supporting and enhancing the economic and trade relations between the two countries. and to the efforts of the Investment and Export Promotion Agency (APIEx), which contributed significantly to the success of this event. as it plays a crucial role in encouraging foreign investments.
In this webinar, Several main objectives were highlighted, Among them:
1. Identifying investment opportunities in Benin: A comprehensive report was presented on the investment opportunities available in Benin across various economic sectors. This contributes to attracting more Egyptian investors to this promising market.
2. Enhancing communication and understanding between Egypt and Benin: The importance of strengthening the economic and trade relations between the two countries was emphasized, which contributes to enhancing trade exchange and achieving more mutual benefits.
3. Exchanging experiences and knowledge in the field of entrepreneurship and trade: Panel discussions were organized on how to enhance entrepreneurship and develop business partnerships between Egyptian and Beninese companies. This supports cultural and knowledge exchange between the two parties.
4. Encouraging government support to enhance economic cooperation between the two countries: The importance of the government’s role in supporting economic cooperation between Egypt and Benin was highlighted, and providing necessary support to investors and businessmen from both countries.
It’s worth mentioning that a memorandum of understanding was signed between the Egyptian African Businessmen Association and the Investment and Export Promotion Agency (APIEx) to enhance cooperation between the two sides in the fields of investment and trade.
Both Mr. Moubarak SOUMANOU, the General Manager of the Investment and Export Promotion Agency (APIEx), and Dr. Yousrey El Sharkawi, Chairman of EABA expressed their happiness at signing this memorandum, confirming that the cooperation between the Egyptian African Businessmen Association and the Investment and Export Promotion Agency (APIEx) will significantly contribute to enhancing economic relations between Egypt and Benin. They emphasized that this memorandum represents an important step towards strengthening economic cooperation between the two countries, indicating that both parties will work to provide all facilitations for Egyptian companies interested in investing in Benin.
With this important event, The Egyptian African Businessmen Association and the Investment and Export Promotion Agency (APIEx) have opened a new door for economic cooperation between Egypt and Benin, enhancing economic and trade links between the two countries.
This webinar reflects the commitment of the private sector in Egypt and Benin to enhancing economic cooperation and strengthening bilateral relations. and represents an important step towards building bridges of sustainable communication and cooperation between the two countries.
