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Reading: Egypt organises training workshop on South Sudan investment
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Dailynewsegypt > Blog > Business > Egypt organises training workshop on South Sudan investment
Business

Egypt organises training workshop on South Sudan investment

Daily News Egypt
Last updated: 2021/01/19 at 4:04 PM
By Daily News Egypt 3 Min Read
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Egypt organises training workshop on South Sudan investment
Egypt organises training workshop on South Sudan investment
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Egypt’s Ambassador to South Sudan Mohamed Kadah launched a training workshop in the country’s capital Juba, on Monday, to highlight the investment opportunities in the country.

During the workshop, Kadah addressed the role of investment in economic development, and called on the South Sudanese people to exploit these opportunities to raise their standard of living.

The workshop comes as part of Egypt’s keenness to boost the development process in the neighbouring country.

The workshop was organised by the General Authority for Investment and Free Zones (GAFI), in coordination with Egypt’s Ministry of Foreign Affairs and South Sudan’s Ministry of Investment.

In a speech at the event, Kadah addressed the role of investment in economic development, referring to the investment opportunities available in South Sudan. He also highlighted the importance of taking advantage of these opportunities to reap the dividends of peace, and raise quality of life

For his part, South Sudan’s Undersecretary for the Ministry of Investment Abraham Moamer expressed his appreciation for Egypt’s efforts in organising the workshop. He called on the trainees to benefit from Egyptian experiences in the field of investment.

Amr Noureldin, Adviser to the GAFI’s Executive Director, also reviewed the Egyptian experience in attracting investments in recent years, which has pushed the country to the top of the list in terms of attracting investment in Africa during the last four years.

Egypt has significantly assisted South Sudan in its development process, providing support in various fields, of which the health and education sectors were most important.

In late November 2020, Egypt’s President Abdel Fattah Al-Sisi travelled to Juba, where he met with his South Sudanese counterpart Salva Kiir. During the Egyptian President’s visit, the two sides discussed boosting relations between the two countries, and the implementation of the peace agreement in South Sudan to achieve stability, development and prosperity.

He also met with South Sudan’s Vice President Riek Macha, and exchanged viewpoints on Cairo’s support to the efforts exerted in implementing peace agreement terms aiming at stability in the country.

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TAGGED: Egypt, General Authority for Investment and Free Zones, Investment, South Sudan
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Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
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Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
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