Minister of Investment and Foreign Trade, Dr Mohamed Farid, met on Tuesday, May 19, 2026, Haitham Al-Maayirji, Executive Vice-President of the African Export–Import Bank (AFREXIMBANK), to discuss expanding economic and trade cooperation between Egypt and African markets.
The meeting focused on enhancing investment and trade integration through innovative financing solutions, increasing the use of the African Payments and Settlements Platform to support transactions in local currencies, and strengthening cooperation in the mining, tourism and construction sectors.
The two sides also explored plans to position Egypt as a continental re-export hub by leveraging its ports, logistics network, free zones and special economic zones to facilitate trade flows between Africa, Asia and Europe under the African Continental Free Trade Area framework.
Farid said the government is continuing efforts to improve the investment climate through digitisation, streamlined trade procedures and stronger links between Egyptian investment opportunities and African markets. He described the partnership with AFREXIMBANK as an important step toward deepening regional economic integration and expanding financing tools for exporters and investors.
Al-Maayirji reaffirmed the bank’s commitment to strengthening cooperation with Egypt, describing the country as a strategic trade and investment hub in Africa. He also highlighted a proposed joint programme to support Egyptian exports to African markets through accredited export trading companies.