Cairo on July 7h, 2021: On July 5th, 2021, Attijariwafa bank Egypt launched the first business mission in Duala, Cameroon titled “Egypt- West and Central Africa Bridge” under the auspices of Ministry of Trade and Industry & Egyptian Commercial Service. The initiative was announced during the conference that took place last June, attended by H.E. Dr. Nevin Gamea Minister of Trade and Industry and heads of the concerned authorities in this regard.
Businessmen and members of Chamber of Commerce from Egypt had a vested interest in this mission aiming at exploring business opportunities in these promising markets, attracting new investments to Egypt and strengthening cooperation with African business community.
Mr. Hicham Seffa – Managing Director of Attijariwafa bank Egypt stated, “Participants from both countries achieved productive outcomes in this business cooperation across different fields. We look forward to announce the success of the mission and to replicating this experience in Dakar, Senegal, which will take place on Thursday, July 8th, 2021. We aspire that this mission will achieve its aim to expand economic cooperation with African countries with special regards to West and Central Africa”
For his part, Mr. Tamer Ragheb – Corporate Director of Attijariwafa bank Egypt added, “The first day of the mission witnessed the participation of 25 companies where B2B meetings have been arranged between participants from Egypt and their counterparts in Cameroon. The agenda of B2B meetings was well stocked and organized where nearly 200 meetings were conducted, mainly in the sectors of health, distribution, agri-food, chemicals and construction. In addition to that, the participants carried out field visits on the second day of the mission to conduct on ground assessment.
Mr. Ragheb also stated that the Cameroonian Government is looking forward to holding Public Private Partnerships (PPP) and is welcoming Egyptian expertise in this field. Cameroon is currently producing 1% of renewable energy and has an ambitious strategy to increase its production to 20% during the coming ten years.
