The work of the expanded meeting, organized by the Embassy of the Republic of Tanzania ?? in Cairo, was held in Cairo yesterday, in the presence of Mr. [Jeffrey Mwambe] Minister of Investment of Tanzania and Mr. [Modvi Kazi] Chairman of the Tanzanian Investment Authority and in the presence of the Ambassador of Tanzania in Cairo, members of the diplomatic mission and a large group of Egyptian businessmen from Members of the Egyptian Businessmen Association and outside it in various sectors and a number of the Tanzanian community in the Arab Republic of Egypt, and the association participated through the association’s export committee headed by Dr. [Sherif Suleiman] with the Tanzanian embassy in organizing this distinguished meeting.
On the Egyptian side, Dr. Yousrey ElSharkawi, chairman of the Egyptian Businessmen Association Africans, gave a speech on behalf of the Egyptian and African financial and business community, which he summarized in 3 ️ important axes, which is how to transfer the comprehensive Egyptian reform and development experience that Egypt conducted in the previous 7 ️ years to all countries The African continent, stressing in another axis the important pivotal role of Tanzania, as it possesses all the elements to attract investment and is located in the middle of a market for 6 ️ countries that can serve 460 million people and need many important industrial products and have the elements of agriculture and coastal tourism and that it has become the focus of attention Global foreign direct investment
ElSharkawi stressed the need to adopt a new methodology that raises the slogan of a new Africa that will be built by the people of the continent and no one else. And renewable – and the information technology industry, and that investment is looking for factors that are now available in high rates within the continent.
In his speech, Mr. [Jeffrey Mwambe], the Tanzanian Minister of Investment, confirmed that his country is looking forward to investment partnerships with the Arab Republic of Egypt and that he came to Egypt on 2015 in Sharm el-Sheikh to sign the agreement of the 3 African blocs, as well as a few days ago in the investment forum in Sharm el-Sheikh as well and that they are keen to benefit from From the Egyptian experience in full, especially the incentives provided by Egypt and creating the business environment to attract foreign direct investment, and that his country has prepared for this many opportunities, offers, incentives, guarantees and investment facilities that are expected to come out with very good results, distinct rates of return on investments, and easy procedures for entering The money invested is out.