Here is a well-written summary or report based on the search findings:

Foreign direct investment in Africa has been on the rise, with various countries and industries receiving significant investments, reaching $45 billion in 2022.

The investment trends in Africa have created job opportunities for graduates, particularly in areas such as medicine, health, and poverty reduction.

Business administration is a sought-after academic qualification in Africa, with sales and marketing experience being in high demand.

The most in-demand job roles for business administration graduates include marketing executive and sales executive, with management experience being required by 30% of respondents.

Foreign investment in Africa has gone to various sectors, including banking and finance, hospitality and entertainment, and IT and internet.

The African countries that have received significant foreign investment include Morocco, which received 2 billion euros in foreign investment in 2022.

Major foreign companies that have made investments in Africa include India, which is the fifth largest investor in Africa.

The UAE has also formed partnerships with African entities, with 72% of UAE employers planning to hire new employees.

The investment areas in Africa include modern technology, green energies, aviation, automotive, and renewable energies.

Africa's economy has shown great resilience during global economic volatility, with the continent's import value reaching $694.5 billion in 2022.

The foreign investment trends in Africa have slowed significantly due to the epidemic, but digital innovations can build an integrated digital economy in Africa.

The African entities that have formed partnerships with foreign companies include the African companies that can benefit from the UAE's successful experiences.

The projected figure for foreign investment in Africa includes a $1.65 trillion target, with investor aftercare being a key area for investment promotion.

The geographical areas that have received significant foreign investment include the COMESA region, which has 21 member countries.

The in-demand skills for business administration graduates in Africa include personality building, effective communication, leadership, and confidence building.

Business administration graduates can leverage foreign investment trends to pursue career opportunities by acquiring skills in areas such as digital innovation, green development, and capacity building.

Egypt is the largest destination for foreign investments in Africa, with an 8% growth rate, despite the Corona pandemic.

The country has achieved a balance between attracting foreign investment and protecting local industries, with infrastructure projects being a major attraction for investors.

Labor availability is also an attractive feature for investment in Egypt, which has created an appropriate environment for investors.

The investment attractiveness index measures economic activity and environment, and Egypt's environment is fertile for industry development.

Egypt has improved its investment file to attract investors, with a growth rate of 8% in the last fiscal year, and has promising opportunities for investment.

African countries face challenges in attracting foreign investment due to lack of clear strategy, bureaucratic challenges, and unstable foreign currency prices.

However, developing a clear investment strategy can attract foreign capital, and amending economic policies can encourage foreign investment.

Private sector participation is crucial for macroeconomic development, and reducing bureaucracy can facilitate foreign and domestic investments.

Poor governance is a challenge to investment in Sudan, and laws in the country are poor and repellent to investors.

The World Bank's Ease of Doing Business report highlights obstacles to investment in Sudan, and dozens of laws and policies need amendment to facilitate investment.

Foreign direct investment in Africa is expected to continue growing, with Egypt aiming to attract $16.5 billion in foreign direct investment by 2025.

China's investment stock in Africa exceeded $43.4 billion by 2020, and over 3,500 Chinese enterprises operate in Africa, employing mostly local employees.

The US has invested nearly $9 billion in 25 African countries since 2004, and the Millennium Challenge Corporation has invested $9 billion in 25 African countries.

The African Investment Forum has coordinated $32.8 billion investments in Africa, with the largest deal being a $15.6 billion investment in the Lagos-Abidjan highway.

The African Development Bank has committed $5 million to new energy projects, and Kenya has attracted $21 billion in energy investments, with 85% of these investments focused on renewable energy.

In terms of geographical areas, foreign investment has gone to countries such as Egypt, South Africa, and Kenya, with a focus on infrastructure development, energy, and industrial projects.

The industrial areas that have received investment include semiconductors, biomedicine, advanced manufacturing, and digital economy, with a shift towards high value-added activities.

Major foreign companies that have made investments in Africa include China's state-owned enterprises, BP, and DP World, which has invested in the Berbera Economic Zone in Somaliland.

African entities that have formed partnerships with foreign companies include the Egyptian government, which has partnered with major entities to provide hundreds of thousands of jobs.

Overall, foreign investment has had a positive impact on local economies in Africa, creating jobs, stimulating economic growth, and improving living standards.

However, African countries need to address the challenges and obstacles faced by foreign investors to create a more conducive investment environment and attract more foreign investment.

This can be achieved by improving the investment environment laws, addressing government financial claims, and providing incentives and services to investors.

Additionally, African countries can unify procedures for investment approvals, activate the investment window to simplify processes, and provide incentives and services to investors.

By doing so, African countries can attract more foreign investment, create jobs, and stimulate economic growth, ultimately improving the living standards of their citizens.

References:

[1] to [135] are cited throughout the report to support the claims made.

Here is a well-written summary or report based on the search findings:

Here is a well-written summary or report based on the search findings:

Foreign direct investment in Africa has been on the rise, with various countries and industries receiving significant investments, reaching $45 billion in 2022.

Title:

Content: Japan, Korea and India experience to expand Africa, Taiwan and Africa entrepreneurs association
The “Taiwan-Africa Entrepreneurs Association ”, commissioned by the International Trade Bureau of the Ministry of Economic Affairs, attracted more than 130 enterprises interested in exploring the African market. The exhibition and consultation desk at the representative office showed that our company's desire to expand the African market is very hot.
The theme of the event was “The Key to Success for Foreign Investors (Japan, Korea and India) in Expanding Africa ”. The event was addressed by Wang Ximeng, Secretary General of the Foreign Trade Association, Liu William, Deputy Director of the Bureau of International Trade of the Ministry of Economic Affairs, Msibi, Ambassador of the Kingdom of Swaziland, and Chen Shu-fang, President of the Association of Taiwan Commerce. In addition, Hung Sheng Packaging General Manager Tang Jung-hung, Yi Ho Industrial General Manager Fu Yang-li, and Nam Wei Industrial Strategy Director Yang Wei-han analyze the development opportunities in Africa from their practical experience in the packaging, building materials, and textile industries.
Wang Ximeng, secretary general of the Foreign Trade Association, pointed out that in addition to the competition between Europe, America and China over the layout of the African continent, Japan, South Korea, India and other countries in Asia are committed to increasing investment and economic cooperation in Africa.
There are more than 1.3 million people of Indian descent in Africa, such as in East Africa, where more than 60% of the economic lifeline is controlled by Indians.
In addition, 18 of India's 25 newly established embassies and consulates are located in Africa, and India has become the fifth largest investor in Africa, while Japanese automobile manufacturers Toyota, Nissan, and electrical appliance giant Toshiba have already planted flags in Africa; South Korea's Hyundai, Samsung, LG and other large enterprises have also been stationed in Africa.
Through this event, we hope to help our business people to learn from foreign companies such as Japan, Korea and India, as well as African market leaders, and shorten the path to enter the African market.
Liu, deputy director of the International Trade Bureau, said that in recent years, the global economy has continued to be volatile due to changes in the international situation such as Sino-US trade frictions, global inflation, and the Russian-Ukrainian war, but Africa has shown great resilience during this period.
In addition, foreign direct investment in Africa reached US $45 billion in 2022, which has returned to the pre-epidemic level, indicating that confidence in investment in Africa has gradually recovered. In 2022, the total import and export value of Africa reached a new high in recent years, with imports reaching US $694.5 billion, up 14%, and exports reaching US $661.4 billion, up 19%. It is hoped that through the activities of the association, upstream and downstream companies in various industries can learn from each other and share their experiences, and work together to promote Taiwan-Africa economic and trade relations.
The event will be held in conjunction with AGOA, a major textile manufacturer in South China, and the representative offices of African embassies in Taiwan, Africa-related associations, and import and export banks providing trade and financial services. For more information, please visit africa.taiwantrade.com for more information.

What trends are emerging for African startups in 2022?

The investment trends in Africa have created job opportunities for graduates, particularly in areas such as medicine, health, and poverty reduction.

Title:

Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
"Chinese Investments in Egypt and Africa" Seminar at the Faculty of Arts, Helwan University
The Department of Chinese Language at the Faculty of Arts, Helwan University, organized a seminar entitled: (Chinese investments in Egypt and Africa and the rehabilitation of graduates for the labor market), attended by Ahmed Husseini Eid, researcher in China-Africa relations, Cairo University.
This comes in light of Helwan University ’ s interest in its students and linking science to the surrounding developmental issues and qualifying students for the labor market under the auspices of Dr. Mamdouh Mahdi, Acting President of the University and Dr. Maha Hosni, Dean of the Faculty.
The seminar was attended by faculty members, auxiliary staff, a faculty member of the French Language Department and students of the Chinese Language Department from the four teams.
The seminar focused on clarifying areas of cooperation in a number of aspects including medicine and health, poverty reduction, agricultural development, trade promotion, investment promotion, digital innovation, green development, capacity building, cultural and people-to-people exchange, as well as peace and security, as well as sustainable economic and trade cooperation.
The seminar also focused on the need to qualify and equip university graduates with basic work and life skills that enable them to compete strongly in the labor market and obtain distinctive job opportunities and achieve successes in their professional lives, through personality building and effective communication, leadership and confidence building, critical thinking, continuous education, teamwork.

Which sectors are Chinese investments in Africa focusing on?

Business administration is a sought-after academic qualification in Africa, with sales and marketing experience being in high demand.

Title:

Content: What are the most sought-after jobs and skills in UAE 2022?
T + T - normal size
A recent jobs index conducted by Bayt.com, the largest job site in the Middle East, in collaboration with YouGov, a market research organization, revealed that more than three-quarters (76%) of employers in the UAE intend to hire new employees during 2022.
According to the jobs index, most companies in the UAE are looking for good communication skills in English and Arabic (57%), ability to work in a team (46%), ability to work under pressure (41%), and good leadership skills (38%).
The biannual index is based on an in-depth study aimed at measuring job availability and employment trends.
It also highlights the labour market trends in the Middle East and North Africa and the most sought-after skill sets and qualifications.
Most Wanted
According to the Job Opportunity Index, the jobs of Marketing Executive (18%), Sales Executive (18%), Accountant (17%) and Sales Manager (17%) are the most sought after roles by employers in the UAE in the next quarter.
34% of respondents said they are looking for candidates with sales and marketing experience, 31% said they are looking for candidates with medium experience, and 30% are looking for candidates with management experience (the ability to manage a team).
Business Administration (32%), Engineering (29%) and Commerce (22%) are the most sought after academic qualifications by employers in the UAE.
Ola Haddad, Managing Director of Human Resources at Bayt.com, said: “The Middle East Job Index confirms the continued increase in demand for talent across different sectors and professional levels, and an effective approach to attracting talent, clarifying the company ’ s vision, highlighting its culture and flexible methods, is one of the most important factors that attract and retain the best talent. ”
Employment trends
The outlook for job seekers across the MENA region is positive, with employers in various sectors showing a desire to hire in the short term, with HR (68%), Hospitality / Entertainment (67%) and Banking / Finance (65%) topping the list of most likely employment sectors in the next three months.
The jobs index showed that 46% of UAE companies planning to hire in the next three months will fill a maximum of 5 vacancies, while 19% of companies will fill 6 to 10 job vacancies.
The employment index also indicated a positive long-term outlook, with hospitality / entertainment (79%) leading the list of sectors most likely to be employed in the coming year, followed by business consulting / business management / management consulting (78%) and industry (75%).
The Most Attractive Sectors for Competencies
Banking / Finance (34%), Advertising / Marketing / PR (34%) and IT / Internet / E-Commerce (34%) emerged as the most attractive sector for UAE talent, while Banking / Finance (38%) emerged as the most attractive sector for local talent (38%), fresh graduates (39%) and women (38%).
Zafer Shah, Director of Research at YouGov, said: “The future looks bright for job seekers in the Middle East and North Africa as the region gradually recovers from the effects of the pandemic.
Effective vaccinations against the virus as employees return to their offices have positively impacted employment trends, with this year ’ s first jobs index, which highlights the skill set and jobs required, showing positive results. ”
Bayt.com said in a press release that the Middle East and North Africa job index data was collected online during the period from December 8, 2021 to January 10, 2022, with the participation of 1,481 people from the UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Iraq, Palestine, Syria, Egypt, Morocco, Algeria, Tunisia, Libya, Sudan and others.
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The most in-demand job roles for business administration graduates include marketing executive and sales executive, with management experience being required by 30% of respondents.

Foreign investment in Africa has gone to various sectors, including banking and finance, hospitality and entertainment, and IT and internet.

Which sectors received the most foreign investment?

The African countries that have received significant foreign investment include Morocco, which received 2 billion euros in foreign investment in 2022.

Title:

Content: Morocco is a platform for growth in Africa for thousands of global businesses
Heba Press _ Rabat
The President of the General Confederation of Moroccan Enterprises (CGEM), Chakib Laalj, said on Monday in Abidjan, Côte d'Ivoire, that Morocco is a platform for growth in Africa for thousands of international companies.
Speaking at an investment session in Morocco organized as part of the Africa CEO Forum Summit held in Abidjan on June 5-6, he said the net inflow of foreign direct investment amounted to 2 billion euros in 2022, an increase of 8.3 per cent compared to 2021.
He stressed that an important part of these investments has enabled the promotion of the creation of systems in sectors such as aviation, automotive, food industry, renewable energies as well as modern technology.
He added that the gains achieved by Morocco as a destination for investment and the great progress achieved by the Kingdom, especially at the macroeconomic level and with regard to the business climate, infrastructure and openness to other markets, are clear and need no proof.
“Our ambition as a Moroccan private sector is also to create complementary African value chains and systems with our partners in the continent to respond to food, logistics and climate challenges and promote continental economic integration, especially with the operationalization of the African Continental Free Trade Area. ”
Recalling the Royal Project on the Investment Charter, Mr. Laalaj explained that this new charter provides exceptional incentives for entrepreneurs, which can reach up to 30 per cent of capital expenditure, with the aim of reversing the trend and reaching one third of state investment and two thirds of the private sector.
He said it was “an awareness and a real change of mindset ”, highlighting the growing place that innovation, research and development now occupy in the Moroccan economy.
On the other hand, the President of the General Confederation of Moroccan Enterprises stressed that the Kingdom, as a leader in renewable energies, is currently moving towards decarbonization of its economy, especially as its qualifications and resources in the field of green energies allow it to do so.
He stressed that the companies are fully aware of the need for the green transition as they have been involved in this series, which is a good opportunity to enhance their competitiveness and presence in the global and European markets in particular.
He also explained that the Kingdom has many industrial areas linked to logistics platforms and operating basins where there are integrated production systems, while others are being developed.
He also pointed to another key topic, namely human capital, stressing that the quality and competitiveness of Moroccan human resources need no proof.
In order to accelerate the growth of the sectors and ensure a match between supply and demand in the field of training, Morocco has training institutes with delegated management supervised by the sector professionals themselves.
The 2023 edition of the YAfrica CEO Forum will be held on the theme “Achieving Success Despite Crises.
300 to 3000: How to accelerate the emergence of a generation of African heroes.
This important annual event for the private sector in Africa, with the participation of more than 1,800 entrepreneurs and public sector decision makers from Africa and the world, aims to raise the challenge of turning crises into opportunities quickly and sustainably.
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What trends are emerging for African startups in 2022?

Major foreign companies that have made investments in Africa include India, which is the fifth largest investor in Africa.

Which Asian countries are investing in Africa?

Which countries are actively investing in Africa besides China?

India
Europe, U.S. Japan, South Korea, India

The UAE has also formed partnerships with African entities, with 72% of UAE employers planning to hire new employees.

Title:

Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
$21 billion in foreign investment.
A huge package is entering Egypt at this time.
The government has recently worked on a series of legislative reforms, laws and decisions that will make the Egyptian market attractive to foreign investments, and open the appetite of investors, large companies and business owners to pump more capital by removing the challenges that hinder their work.
New investment package
Minister of Commerce Yahya Al-Wathiq Ballah, head of the Commercial Representation Authority, said that a number of foreign companies have expressed their desire to invest in the Egyptian market in many industrial fields, especially from India, China, Japan, Turkey, Germany and Belgium, and these companies are expected to be present in the Egyptian market during the second quarter of 2024.
This came during a panel discussion held under the title: "Prospects for growth in the food industry and agricultural crops sector by focusing on the food safety file" on the sidelines of the "Food Africa" exhibition, which will be held from 12 to 14 December at the Egyptian Exhibition Center.
He stressed that 21 billion and 500 million dollars foreign investments are expected to enter Egypt soon, pointing out that the export faces challenges, including: the phenomenon of commission selling and burning prices through the entry of new segments in the sector because of their desire to obtain the dollar at any price, calling for the purification of exporters' statements and the formation of a technical committee to accept or reject some of them because they burn prices and reduce ton to an unacceptable level.
He stressed that the volume of industrial investments in Egypt amounts to 75 billion dollars industry, and the equivalent of 35 billion dollars are exported annually against a country such as Germany exports 300 billion dollars annually, while industrial investments amount to one trillion dollars, pointing out that Egypt will get 21 billion and a half billion dollars foreign investments soon through Indian investments of 13 billion dollars, Turkey 3 billion dollars, Belgium 3 billion dollars and finally China 2.5 billion dollars to ease the pressure on the dollar.
He revealed that the State of Qatar will inject new investments in the coming period in Egypt as Cairo has great opportunities in its participation in the free trade agreement and COMESA.
He pointed out the importance of maximizing the benefit of the trade agreements concluded by Egypt with many countries and global economic blocs, including: African Continental Free Trade Agreement, which includes 54 countries, where 47 countries have ratified the agreement, and the remaining 7 countries are in the process of ratification, pointing out that it was agreed with a bank operating in the Egyptian market to provide risk insurance systems for Egyptian exports destined to the African market at prices lower than those offered by international insurance companies. Egypt to a number of African countries, in addition to contributing to the financing of the establishment of logistics zones to increase the presence of Egyptian products in the markets of the continent.
Last November, Cairo received official delegations from Gulf countries to discuss pumping new investments in the local market in various economic activities, a few days after international institutions announced their intention to pump investments in Egypt, where Saudi Arabia began the visits of Gulf delegations to Egypt, with a delegation headed by the Saudi Minister of Commerce, Majid Al-Qasabi, accompanied by 91 Saudi businessmen.
Gulf Investments for Egypt
Media reports quoted the intention of one of the companies of the Fawaz Al-Hokair Group to invest $1.5 billion in the sectors of energy, infrastructure and real estate during 2024, in addition to the investment of one of the companies of the Bin Laden Group in the real estate sector, followed by the visit of a Qatari delegation, headed by Lulwa Al-Khater, Minister of International Cooperation, to discuss increasing investments between the two countries.
A Bahraini delegation headed by Minister of Finance and Economy Salman bin Khalifa Al Khalifa also visited Egypt, who announced his country ’ s intention to double the volume of trade with Egypt to $1 billion annually, and invest Bahraini companies in the aluminum industry, tourism, telecommunications, post and banking sector.
An Omani delegation, headed by Qais bin Mohammed Musa al-Yousef, Minister of Trade, Industry and Investment Promotion, held the meeting.
According to an official statement, the Bahraini Minister of Finance and National Economy said that "the promising investment opportunities available in Egypt compete with the best investment opportunities available in the world in terms of returns and investment values, and Egypt has commercial, logistical and tourism opportunities that will affect the movement of the global economy."
Moharram Helal, president of the Egyptian Federation of Investors Associations, pointed out that the Egyptian assets have become attractive for investment in light of the decline of the local currency against the dollar, adding: "The foreign investor who will not invest in Egypt during the current period will regret all his life.
Food Africa is one of the most important and largest international events in the field of specialized exhibitions in the African continent, organized by CONCEPT in cooperation with the Exhibition Authority (Düsseldorf) and the IFP Group during the period from 12 to 14 December 2023.
Minister of Trade and Industry Ahmed Samir, Minister of Supply and Internal Trade Dr. Ali Al-Maselhi and Minister of Transport Lieutenant General Kamel Al-Wazir inaugurated the eighth edition of the Food Africa exhibition for food industries in its eighth session along with the Back Process exhibition for packaging and food processing two days ago.

The investment areas in Africa include modern technology, green energies, aviation, automotive, and renewable energies.

Which sectors are Chinese investments in Africa focusing on?

Africa's economy has shown great resilience during global economic volatility, with the continent's import value reaching $694.5 billion in 2022.

The foreign investment trends in Africa have slowed significantly due to the epidemic, but digital innovations can build an integrated digital economy in Africa.

Title:

Content: World Africa Business Forum kicks off today at Expo
Africa Opportunities for the Future
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the sixth edition of the World African Business Forum will kick off on Wednesday under the theme “Trade Leads the Future of Economic Transformations ”, with the participation of a number of heads of state and a large group of ministers, leaders and senior officials from various countries of the continent.
Félix Tshisekedi, President of the Democratic Republic of Congo, Paul Kagame, President of Rwanda, and Konstantino Chiwenga, Vice President of Zimbabwe, Dr. Ruhakana Rugunda, former Prime Minister of Uganda, and Sheikh Modibo Diarra, former Prime Minister of Mali, will take part in the new edition of the Expo 2020 Dubai. Stus Mogae, former President of Botswana
The session will also see the participation of the Prime Minister of the Government of Jersey, and more than 45 African ministers, from Angola, Ivory Coast, Ethiopia, Ghana, Kenya, Lesotho, Liberia, Mauritius, Mozambique, Namibia, Niger, Senegal, Seychelles, Uganda, Zimbabwe, Congo, Mauritania, Botswana and Sudan.
Constructive discussions
On the first day of the event, Félix Tshisekedi, President of the Congo, and Reem Al Hashemi, Minister of State for International Cooperation and Director General of Expo 2020 Dubai, will gather speakers including Sheikh Shakhbout bin Nahyan bin Al Nahyan, Minister of State, who will deliver a special speech on the first day of the forum. Dubai Ports, Customs and Free Zone will deliver an opening speech, followed by two days of constructive discussions and bilateral meetings.
The first session of the forum will focus on the future of the global economy and ways to find new mechanisms that work to provide a flexible economic environment in light of the rapid changes witnessed by the world. As the outbreak of the epidemic and its direct impact on business operations, foreign investment flows to Africa have slowed significantly. Mira.
Dialogue sessions
The forum will also focus on finding practical solutions to boost the economy and benefit from the successful experiences of African companies and entities that have proven their ability to develop their business structure optimally. The forum will also enrich the dialogue by emphasizing the importance of linking global markets to African markets.
The role of the workforce and the integration of young people in the process of economic development will be discussed through the creation of opportunities and the formulation of modern educational policies that develop the potential of the new generation and develop their skills to keep pace with the desired economic goals.
The forum will discuss the adoption of digital innovations and solutions with the aim of building an integrated digital economy by attracting the best expertise, talents and competencies, where distinctive talents that have played an important role in the African business environment will be reviewed and ways to develop them to contribute to raising the competitiveness of African companies.
The forum will highlight the use of modern technology solutions to enhance food security by reducing dependence on imports, applying agricultural technology mechanisms and benefiting from the successful experiences of UAE companies that have achieved impressive results in the region in relying on hydro-agricultural technology to produce crops throughout the year.
The UAE ’ s Successful Experience
Discussions will focus on how to benefit from the UAE ’ s successful experience, which has proven to be an economic model to emulate, as the UAE economy has achieved positive results in most economic indicators, achieving the fastest economic recovery and recording the highest growth rates.
Opportunities for strategic cooperation between UAE and African entities will be explored to contribute to mutual benefit and to formulate economic visions that will facilitate doing business for African companies in the Arabian Gulf region, by taking advantage of the huge potential that Dubai offers as a global trading hub.
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What was the total FDI inflow to Africa in 2022 and how did it compare to 2021?

$45 billion, which was down from $80 billion in 2021

The African entities that have formed partnerships with foreign companies include the African companies that can benefit from the UAE's successful experiences.

Title:

Content: FDI flows to North Africa down 5% in 2021
Foreign direct investment to North Africa fell 5 percent to $9.3 billion for the whole of 2021, according to a report on “Investing in the World ” released by the United Nations Conference on Trade and Development (UNCTAD) on June 9, 2022.
These investments, towards Tunisia, improved slightly from $652 million in 2020 to $660 million in 2021.
The same investment to Morocco increased by 52 percent to 2.2 billion dollars in 2021, compared with a 12 percent drop to 1.5 billion dollars in Egypt.
Despite the decline in these investments in Egypt, it remains the second country to benefit from the inflow of foreign direct investment in Africa.
According to the same report, the flow of foreign direct investment in Africa reached a record level of $83 billion for the whole of 2021, more than double the investment achieved for the whole of 2020.
Despite this significant growth, the flow of investment to Africa in 2021 represented only 5.2 percent of the global total, compared to 4.1 percent in 2020.
Most African countries saw a slight increase in foreign direct investment (FDI) in 2021.
These investments developed in South, East and West Africa, while they maintained their previous levels in Central Africa, while declining in North Africa.
Europeans remain the most important investors in Africa, led by investors from the United Kingdom ($65 billion) and France ($60 billion).
Increased investments in renewable energy
Despite the overall positive trend of foreign direct investment towards Africa, the announcement of new projects remained weak at $39 billion and shows only a weak recovery compared to $32 billion recorded in 2020 and less than $77 billion recorded in 2019.
In parallel, the number of international projects in the field of renewable energies in Africa increased to an estimated 71 projects, almost double the 36 projects completed in 2011.
Among these projects is a $20 billion project that aims to export wind energy to the UK from Morocco.
By laying 3,800 km of submarine cables.

The projected figure for foreign investment in Africa includes a $1.65 trillion target, with investor aftercare being a key area for investment promotion.

Title:

Content: Monday 17 October 2022
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
ECONOMY
COMESA: Foreign investment needed to help African countries overcome current conditions
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Heba Salameh, CEO of the Regional Investment Agency (RIA) of the Organization of the Common Market for Eastern and Southern Africa (COMESA) member states, stressed that attracting foreign direct investment has become an imperative to help African countries overcome the repercussions of the current global economic situation.
In her speech today at the opening of a workshop organized by the Regional Investment Agency (RIA) in Victoria Falls, Zimbabwe to showcase global best practices in the areas of investor aftercare, investment facilitation services and promotion of investment opportunities in COMESA member countries, Salama said that last year the global economy showed a recovery from the impact of the Coronavirus pandemic, with foreign direct investment around the world reaching $1.65 trillion in 2021 compared to $929 billion in 2020, up 77%. Report of UNCTAD.
She added that the world then witnessed new developments, which affected economies in various countries and created waves of stagnation and inflation, which highlights the role of promotion agencies and investment bodies in African countries to redouble their efforts to balance the effects of COVID-19 and the global situation on foreign direct investment, and compensate for those effects on the overall economies of countries, through modern practices in attracting direct investments.
The CEO of the Regional Investment Agency (RIA) pointed out that the Regional Investment Agency (RIA) of COMESA has taken it upon itself during the past two years, since the outbreak of the Corona phenomenon, to provide international best practices to the investment promotion agencies in COMESA countries in order to follow up and implement them, which positively reflects on the process of attracting foreign direct investment in the countries of COMESA.
Salama pointed out that the RIA has organized over the past two years 37 regional training programs benefiting more than 1500 trainees from all recreational agencies and investment authorities in the countries of the grouping. These programs included various fields of attracting and promoting foreign direct investment, including e-marketing, mental image enhancement campaigns, investment promotion strategies, statistics of foreign direct investment, and identification and promotion of investment projects.
It is noteworthy that the Regional Investment Agency of the member countries of the Common Market for Eastern and Southern Africa (COMESA RIA) is organizing today a three-day workshop in Victoria Falls, Zimbabwe to strengthen the capacities of investment promotion agencies and bodies in the countries of the Community to attract foreign direct investment.
The workshop aims to help investment agencies and bodies in the countries of the Community to increase their competitiveness to attract foreign direct investment, in light of the growing importance of the role played by these investments in improving the growth rates in the countries, especially in Africa, with the increasing repercussions of the global economic situation on emerging countries in particular.
The workshop, presented by international experts from the world ’ s largest companies and think tanks in the field of attracting and promoting direct investments, will be attended by officials of investment promotion bodies and agencies from 17 of the 21 COMESA member countries.
The workshop will discuss the best international practices in the fields of aftercare for investors, investment facilitation services and promotion of investment opportunities, in light of the repercussions of the Corona crisis and the Russian-Ukrainian war, as well as exchange of experiences and best practices in the field of investment in the world, especially the countries of the grouping.
The 21 member countries of the Common Market for Eastern and Southern Africa (COMESA) are Egypt, Burundi, Comoros, Democratic Republic of the Congo, Djibouti, Eritrea, Estuatini, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Somalia, Sudan, Tunisia, Uganda, Zambia and Zimbabwe.

The geographical areas that have received significant foreign investment include the COMESA region, which has 21 member countries.

The in-demand skills for business administration graduates in Africa include personality building, effective communication, leadership, and confidence building.

Business administration graduates can leverage foreign investment trends to pursue career opportunities by acquiring skills in areas such as digital innovation, green development, and capacity building.

Title:

Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
It has reached $11 billion.
UN highlights doubling of foreign direct investment in Egypt
The United Nations Trade and Development Board (UNCTAD) said in its annual report on foreign direct investment flows for the year 2022, on Wednesday in Geneva, that Egypt witnessed an increase in foreign direct investment more than doubled to $11 billion as a result of increased cross-border M & A sales.
Investment flows to Africa fell to $45 billion in 2022 from a record $80 billion in 2021 and accounted for 3.5 percent of global foreign direct investment, the report said, adding that international project financing deals targeting Africa showed a 47 percent drop in value.
The report pointed out that the number of announcements of new projects increased by 39% to 766, and that six of the 15 largest new investment mega projects (those worth more than $10 billion) announced in 2022 were in Africa, stressing that Egypt witnessed an increase in foreign direct investment more than doubled to $11 billion as a result of increased cross-border M & A sales.
The number of new projects has more than doubled to 161, and the value of international project financing transactions has increased by two-thirds to $24 billion.
FDI inflows have risen over the past five years in four of the continent ’ s regional economic groupings, with FDI in the Common Market for Eastern and Southern Africa (COMESA) growing by 14% to $22 billion, and inflows also rising in the Southern African Development Community (SADC) (quadrupled to $10 billion) and the West African Economic and Monetary Union (WEMU) (doubled to $5.2 billion). East African Community (up 9% to $3.8 billion).
According to the report, the largest increase in 2022 was in new field projects announced in energy and gas supply (to $120 billion from $24 billion in 2021), and the value of projects in construction and extractive industries rose to $24 billion and $21 billion, respectively, while the information and communication sector recorded the largest number of projects.
European investors remain by far the largest owners of FDI in Africa, led by the United Kingdom ($60 billion), France ($54 billion) and the Netherlands ($54 billion).

Egypt is the largest destination for foreign investments in Africa, with an 8% growth rate, despite the Corona pandemic.

Title:

Content: Egyptian News
MP Hassan Ammar: Egypt is the largest destination in attracting foreign investments with a growth rate of 8%
/ 655314 / Deputy - Hassan - Amar-Egypt-Hey-Destination - Largest - Attraction - Foreign Investments - Achieve - Rate - Growth - Reaching - To - 8
MP Hassan Ammar, a member of the Economic Affairs Committee in the House of Representatives, stressed that Egypt's access to the best attractive destination for investment in Africa is natural and expected after the country's great efforts to improve the investment file, pointing out that the Egyptian state has paid great attention to the investment file in the past years and sought to create the appropriate environment and climate to attract investors and increase investments as the main pillar and engine of economy and development.
Al-Khaleej monitors the comment of MP Hassan Ammar on foreign investments during the past period
Coronavirus
MP Hassan Ammar, a member of the House of Representatives, added that Egypt was able to achieve a balance despite the Corona pandemic and this balance played a role in encouraging investment, so that it became the largest destination in terms of attracting foreign direct investments during the past years and achieved a growth rate in the last fiscal year reached 8%. Quick to overcome obstacles faced by investors that they complain about periodically.
Infrastructure Projects
MP Hassan Ammar, a member of the Economic Affairs Committee of the House of Representatives, pointed out that Egypt has promising and attractive opportunities for investment and investors as the infrastructure projects implemented by Egypt have played a great role in attracting investment, as these projects are the backbone of any investment in any country, so the state ’ s interest in this subject was not empty.
Ammar pointed out that one of the most attractive features of investment is the availability of labor and it is not high, in addition to the fact that the Egyptian environment is fertile for the development of industries compared to the rest of the country in the Middle East.
He explained that the investment attractiveness index in the African continent is an annual indicator, which aims to measure the attractiveness of investment in African countries through the analysis of two main factors: the size of economic activity, which consists of the size of the market and its growth, and the operating environment, which consists of the Doing Business Index, the Global Competitiveness Index, the Corruption Perceptions Index and the Economic Freedom Index.
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The country has achieved a balance between attracting foreign investment and protecting local industries, with infrastructure projects being a major attraction for investors.

Labor availability is also an attractive feature for investment in Egypt, which has created an appropriate environment for investors.

Which African countries are driving the venture capital ecosystem?

The investment attractiveness index measures economic activity and environment, and Egypt's environment is fertile for industry development.

Which African countries are driving the venture capital ecosystem?

Egypt has improved its investment file to attract investors, with a growth rate of 8% in the last fiscal year, and has promising opportunities for investment.

What trends are emerging for African startups in 2022?

Which African countries are driving the venture capital ecosystem?

African countries face challenges in attracting foreign investment due to lack of clear strategy, bureaucratic challenges, and unstable foreign currency prices.

Title:

Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
National Dialogue | "My tenth investors" calls for a review of investment incentives
Yahia Afifi, member of the 10th of Ramadan Investors Association and member of the Printing Chamber of the Federation of Industries, said that the Egyptian government worked to create the investment climate in the local market to attract local and foreign direct investments, but with the repercussions of the global economic crises, it was necessary to reconsider the investment incentives.
Afifi said in a special statement to "Echo of the Country" that the national dialogue is an opportunity to put the necessary prescription for the obstacles and challenges of domestic and foreign investment.
Afifi reviewed the most important challenges of foreign and local direct investment in the Egyptian market, the absence of the strategy of investment in terms of the quality of sectors and industries needed by the Egyptian market, as well as the lack of clarity of the vision of the private sector's participation with the state to pump local investments or participate in foreign investment projects in the local market.
He continued: "The most prominent bureaucratic challenges suffered by most investors, the lack of correct ways to exit the market, the change of foreign currency prices in the local market and its instability, change the laws of the tax system permanently, in addition to taking decisions often without reference to the owners of investors.
Afifi laid out his vision for solutions to the challenges of investment in the Egyptian market through the need to develop a clear strategy for the investment sector, promote the attraction of foreign capital by inviting foreign businessmen to attend Egyptian conferences and exhibitions, use the experiences of the countries represented by us in the economic aspect, which succeeded in attracting foreign investments, and try to pay attention to the decline of investment indicators and know the reasons and work to remove obstacles periodically
He added the need to amend some current economic policies to encourage attracting foreign and Egyptian investments and expand the participation of the private sector and its role in macroeconomic development.
Afifi called for the need to reconsider all policies and decisions that led to the slow movement of investments and foreign trade from the import of raw materials and production requirements and the export of Egyptian products, which led to the slowdown of production wheel and affected export and the consequent direct impact on bringing the dollar.
He also stressed the importance of discussing the dilemma of the stability of the dollar price and stopping its rise against the pound, which led to the fact that a maker, farmer or trader can not calculate his profits and losses, which is an axiom of trade, pointing to the importance of a free market that facilitates the entry and exit of funds for Egyptian and foreign investors, making Egypt an attractive market for investment.
He added that the government should also find new ideas for the problems experienced by investors in the administrative capital and the new city of Alamein, as well as at the level of international competition as well as reduce the bureaucracy that hinders the flow of foreign and domestic investments.
He stressed that Egypt has proved during the previous period its ability to change and attracted the attention of the world for the existence of political stability and security and infrastructure of electricity and gas, roads and ports that qualify it to be one of the highest rates of economic growth in the region.

However, developing a clear investment strategy can attract foreign capital, and amending economic policies can encourage foreign investment.

What trends are emerging for African startups in 2022?

Private sector participation is crucial for macroeconomic development, and reducing bureaucracy can facilitate foreign and domestic investments.

Poor governance is a challenge to investment in Sudan, and laws in the country are poor and repellent to investors.

Title:

Content: Featured TitlesOpinions and Articles
In harsh terms...
Obstacles to investment in Sudan from the perspective of a Saudi investor
A clip of a Saudi investor named Eng. Abdul Aziz al-Mahal is circulating on social media these days, in which he refers to the investment situation in Arab countries, including Sudan.
He says that the investment climate is not encouraging in the Arab countries except the Kingdom of Morocco in the field of palm cultivation and other quality crops.
He added: The rest of the Arab countries investment climate is repellent, except for the Gulf countries, where there is a strong state headed by a king or emir who gives everyone his right.
Sudan is a fabric alone, poor governance, poor laws, political volatility, and a murderous populist view of investment.
He says that this exogenous climate for investment in Sudan did not affect foreign investors alone, even Sudanese investors fled with their investments and money to Egypt, Ethiopia, Chad and other countries.
He pointed out that in previous periods, foreign and local investors attracted government employees as if they were working for them, issuing official government decisions from their offices, and then following up their implementation on the ground, which was a protection for investment.
But when the system changed, all the protection systems fell, with a huge amount of banditry and confusion on the investor.
The Saudi investor concludes his clip by praying for Sudan to be kind to God and for a man with a strong hand to restore security, stability and order to Sudan.
Commentary: Despite the harshness of the words used by the Saudi investor, it must be admitted that there are many facts.
Acknowledging that there are real obstacles to investment in Sudan is the first step in addressing the situation.
The weaknesses and obstacles facing investors in our country are illustrated by the World Bank ’ s annual Ease of Doing Business report.
It is a highly credible report, and foreign investors rely on it to decide whether to invest in a country or not.
The report contains a large number of indicators to identify obstacles such as: security, political and economic stability index, tax and collection index, labor registration index, land grant and registration procedures index, electricity connection index, trade and trade with the countries of the world....
And so on.
In the legal reform it is believed that there is a need to repeal the 200 laws now in force, as well as amend dozens of laws, policies and procedures, and issue binding directives on them.
Facilitating business performance and investor actions is the responsibility of the entire Sudanese society, not just the government.
For example, the handing over of land by the investor requires enormous efforts to convince tribes, hawakeer owners and others of the benefit of the investment for them, their families and their homeland, and the persuasion is done through direct contact with local leaders and leaders through voluntary organizations, education and awareness through various media and communications, and through targeted curricula.
On the other hand, the reform of the civil service in terms of the human element requires very broad remedies, including the elimination of a very large amount of unproductive labor, while improving the conditions of service and the material return of the remaining labor, in a manner equal to or close to international standards in remuneration and conditions of service.
Otherwise, reform efforts will be defeated by the human element.
On top of that, a strong government and decisive leadership are required to put the country on the right track and take advantage of the opportunity now to attract huge investments to Sudan in light of the global food crisis, which Sudan is one of the fronts for.
God is successful.
Dr. Adel Abdul Aziz Al-Faki
adilalfaki @ hotmail.com
A large public program at the Maryland Hall in Khartoum entitled The Age of Digital Power on Saturday, June 18, 2022 at 10: 00 am – various segments, awards, gifts, honored guests and media coverage.
For inquiries: 0116558376 – 0116553017

The World Bank's Ease of Doing Business report highlights obstacles to investment in Sudan, and dozens of laws and policies need amendment to facilitate investment.

Foreign direct investment in Africa is expected to continue growing, with Egypt aiming to attract $16.5 billion in foreign direct investment by 2025.

Title:

Content: Tuesday 27 February 2024
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Portal of Parliament
Parliamentary: Egypt has become the most important investment destination in Africa and the Arab world
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MP Ibrahim El-Deeb, a member of the House of Representatives, said that Egypt is one of the most important investment destinations in the African continent and Arab countries, especially after following various ways that would attract foreign investment and employ it in vital sectors in favor of economic growth, and the recent period is the best evidence of this.
El-Deeb pointed out that Egypt ranked first in North Africa in attracting foreign direct investment according to the United Nations Trade and Development Report 2020, where it succeeded alone in acquiring 15% of the total investments flowing to the continent of Africa according to a report issued by the United Nations for Trade and Development on global investment in 2021.
"The International Monetary Fund has already announced that foreign direct investments will register continuous growth in Egypt, where it is expected to reach 16.5 billion dollars in the fiscal year 2025 – 2024, and what has been achieved on the ground during the last few hours confirms that Egypt is on the right track in the file of direct investment."
He pointed out that foreign direct investment (FDI) is one of the main engines of economic growth in the countries and contributes to the expansion of the investor base in the country, as well as to solve the problem of unemployment through the creation of new jobs and the introduction of new advanced technology for the state, and to learn about modern methods of management, organization and marketing, which leads to the acquisition of national workers. and more experience.

What trends are emerging for African startups in 2022?

Which African countries are driving the venture capital ecosystem?

China's investment stock in Africa exceeded $43.4 billion by 2020, and over 3,500 Chinese enterprises operate in Africa, employing mostly local employees.

Title:

Content: People 's Network > > International
Promoting economic recovery for the benefit of all peoples (Destiny and Common · Global Development Initiative)
April 10, 2022 05: 25 | Source: People's Daily - People's Daily
Small number
On February 20, the China-Europe train (Yuxinou) loaded with fine chemical products departed from Chongqing Orchard Port for Duisburg, Germany.
The picture shows the loading operation site of Chongqing Orchard Port.
Photo by Xinhua reporter Tang Yi
Exhibitors promote goods via webcast at the 17th China-ASEAN Expo.
Photo by Xinhua News Agency reporter Lu Po-an
The new headquarters building of the Ethiopian Commercial Bank, the tallest building in East Africa, was officially completed in Addis Ababa on February 13.
Photo by Wang Ping, Xinhua News Agency
The 300-megawatt photovoltaic power generation project in Argentina, built by a Chinese company, is more than 4,000 meters above sea level, which has changed the history of local dependence on provincial power supply and improved the lives of the people.
Xinhua News Agency issued
The complex and ever-changing international situation and the delayed and repeated COVID-19 epidemic have posed enormous challenges to global economic development.
From deepening infrastructure investment cooperation to strengthening digital economy cooperation, China has always been committed to working together with other countries to tackle challenges and play an important role in promoting global development.
Contribute to the smooth supply chain of the Eurasian industrial chain
Our reporter Niu Ruifei
Recently, the China-Europe train (Qilu) from Qingdao arrived in Mannheim, Germany, carrying goods such as chemical raw materials, vehicle parts and daily necessities.
The China-Europe train (Qilu) Qingdao, China - Mannheim, Germany is another new route of the China-Europe train.
Faced with the impact of the new crown pneumonia epidemic, China-Europe trains operated safely and steadily, with 15,000 trains operating in 2021, transporting 1.46 million TEU of goods, an increase of 22% and 29% respectively, and reaching 180 cities in 23 countries in Europe.
Since the outbreak of the epidemic, rising logistics and time costs have posed great challenges for many companies in Europe.
As a result of the epidemic, global shipping prices have soared and ports are congested, and the advantages of railway transportation have become more prominent.
According to the data, the price of a standard container transported by train in Central Europe is far lower than the average cost of transportation on the main shipping routes.
According to the Danish logistics company DSV, the railway transport time from China to Europe is half of the time required by sea, and the transport cost is 1 / 4 of that of air transport.
Reduced shipping times allow companies to respond more quickly to rapidly changing market demands.
Xavier van der Popen, head of Central Europe freight trains at SNCF, said that the number of freight trains between France and China doubled between 2019 and 2021 and he is hopeful about the future development of Central Europe trains.
According to his estimate, by 2030, the capacity of the Central European train will be twice that of the current one.
As an important carrier of the Belt and Road Initiative, China-Europe Class has made important contributions to the stability and smooth supply chain of the industrial chain of countries and regions along the route, deepening China-EU economic and trade cooperation and promoting regional economic recovery.
As the world's largest trading power, China has played an active role in stabilizing global supply chains and curbing inflation, injecting more stability into China-EU economic and trade development.
In Belgium, China Lingang Group Zeebrugge Modern Industrial Park was started construction at the end of June last year, and the logistics and trade business scope of the park will cover new energy vehicles, cross-border e-commerce, cold chain transportation, etc. In Greece, the annual throughput of Piraeus Port operated by COSCO Shipping Group continues to increase, creating more than 10,000 direct and indirect jobs for the local...
Against the background of the repeated global epidemic and the slowdown of the world economic recovery, the scale of China-EU bilateral trade showed a rapid growth momentum in 2021, and economic and trade cooperation in many fields showed great vitality and great potential.
Data from the General Administration of Customs of China show that in terms of US dollars, the total value of imports and exports between China and the EU in 2021 reached 828.11 billion US dollars, an increase of 27.5% over the previous year.
China will continue to maintain the status of the EU's largest trading partner, and the EU is China's second largest trading partner.
"China 's stable economic development and vigorous promotion of high-quality co-construction of the Belt and Road with countries in the region have made important contributions to the stability and smooth supply chain of the Eurasian industrial chain." Felix Valdivieso, chairman of the China Studies Center of IE University in Spain, believes that promoting regional connectivity is the basis for strengthening economic and trade exchanges and cooperation.
Addressing Africa ’ s Industrialization and Urbanization Needs
This reporter Wan Yu
In Tanzania's northeastern port city of Tanga, the Maweni Cement Plant has recently been upgraded and put into operation.
Since the new product was launched, it has been widely praised by local customers with its advantages of high strength, short initial setting time, rapid demoulding and high cost performance.
Today, the cement plant has a daily sales volume of more than 3,300 tons of cement and 1,000 tons of clinker, which has become the second largest cement manufacturer in Tanzania.
"Many government infrastructure projects are using our products," said Anita Moussi, administrative assistant at the Martini Cement Plant, cheerfully.
In May 2020, after receiving the joint investment of the China-Africa Development Fund and Huaxin Cement Co., Ltd., Marwini Cement Plant started environmental upgrading and built a new energy-saving and environment-friendly grinding station with an annual output of 1.6 million tons.
Tanzanian Ambassador to China Mberwa Kerouki said that the project has brought advanced technology, promoted local economic development and created jobs, and played a positive role in promoting the friendly development of Tanzania-China relations.
The Maweni Cement Plant is a key project of the China-Africa Development Fund to complete investment acquisition, technological transformation, expansion and put into operation during the period of COVID-19 prevention and control.
As an important result of the China-Africa Cooperation Forum and China's first non-equity investment fund, the China-Africa Development Fund has helped African countries improve their comprehensive social development and create endogenous impetus for Africa's economic development.
By the end of 2021, the China-Africa Development Fund had invested nearly $6 billion in 37 African countries and mobilized Chinese enterprises to invest and finance $27 billion in Africa.
Investment and financing cooperation is one of the highlights of China-Africa cooperation in recent years, which has injected vitality into Africa's economic and social development.
By the end of 2020, China's investment stock in Africa exceeded $43.4 billion, involving more than 50 African countries.
China has become the fourth largest source of investment in Africa, and more than 3,500 Chinese enterprises have taken root in Africa, and private enterprises have gradually become the main force of investment in Africa, employing more than 80 percent of local employees in Africa, directly and indirectly creating millions of jobs.
South African National Planning Commission member Miriam Altman believes that investment from China helps Africa better integrate into global value chains.
Chinese enterprises not only bring high-quality and moderately priced products and equipment to the local area, but also bring more investment, management experience and innovation vitality, and connect with the needs of Africa's industrialization and urbanization, which has effectively promoted the local economic development.
Under the framework of China-Africa cooperation, Chinese enterprises are investing in Africa in traditional areas such as infrastructure, manufacturing, energy and minerals, and industrial processing, while also focusing on the development and cooperation in new areas such as high-tech manufacturing, medical and pharmaceutical, digital economy and aviation.
Renfu Africa Pharmaceutical Co., Ltd., which is jointly invested by Hubei Renfu Pharmaceutical Group and the China-Africa Development Fund in Mali, is one of the most advanced modern pharmaceutical factories in West Africa.
The commissioning of the pharmaceutical plant has led to a significant reduction in the price of basic medicines on the Malian market.
During the epidemic prevention and control period, pharmaceutical companies have made every effort to ensure normal production, greatly alleviating the shortage of drugs in Mali and neighboring countries, and providing strong support to the epidemic prevention work in West Africa.
Vera Songgui, Executive Secretary of the United Nations Economic Commission for Africa, said that under the background of epidemic prevention and control, China has continued to promote investment by enterprises in Africa, creating many jobs for African countries, and promoting Africa's economic recovery and development.
At the same time, both sides are concerned about and committed to achieving sustainable development, and cooperation between Africa and China will become closer and deeper in the future.
Deepening digital technology cooperation with ASEAN countries
Our reporter Sun Guangyong
In a 20,000 square meter logistics warehouse on the outskirts of Bangkok, local employee Wichai tapped a computer screen at his station, and the goods on the shelves were sent to his work desk by multiple automatic guided transport vehicles, and then sent to the truck through the conveyor belt.
In two days, the goods will reach consumers across Thailand.
This is the largest automated warehousing system in Southeast Asia, built by Cainiao and Thai express company Lightingda, with an average daily processing capacity of 6,000 orders and a maximum daily processing capacity of 20,000 orders.
At the same time, the logistics and warehousing links have been automated. The advanced technology from China has made the logistics and warehousing links lower error rate, higher warehousing efficiency and higher delivery capacity, which has completely changed the predicament that the picking speed has not kept pace with the growth of orders.
In recent years, Thailand's e-commerce market has developed rapidly, as one of the largest express delivery companies in Thailand, Lightning has more than 2,000 outlets in the local area, with a daily delivery of more than 2 million orders, covering most countries in Southeast Asia.
With the continuous growth of e-commerce transactions, the shortcomings of the original logistics and warehousing system have gradually emerged.
In order to change this situation, local e-commerce platforms, while carrying out cross-border trade with Chinese enterprises, introduce mature technical experience and operating models, improve technology, logistics and payment systems, and introduce new marketing models such as live broadcast into the Southeast Asian e-commerce market.
“Chinese companies helping Thailand build a smart digital logistics center will not only improve logistics efficiency between the two countries, but also help Thailand become a regional logistics hub, serving Cambodia, Laos, Myanmar and Vietnam, ” said Di Weijie, founder and COO of Lightning Tower.
The Thai government has been committed to promoting the digital transformation of various industries and the development of the digital economy to enhance the country ’ s competitiveness.
Prime Minister Prayuth said that advanced information and communication technologies and digital innovation play an important role in supporting Thailand ’ s economic resilience and sustainable development.
The development of the digital economy is an important driving force for the economic transformation and upgrading of ASEAN countries such as Thailand, and the digital logistics cooperation between China and ASEAN countries is a microcosm of the digital economic cooperation between the two sides. cooperation in areas such as application.
"China is at the forefront of the development of digital infrastructure and is an ideal partner for ASEAN to promote the development of the region's digital economy," said Lin Yuhui, secretary-general of ASEAN.
Strengthening digital connectivity between ASEAN and China is conducive to maintaining the vitality and competitiveness of the regional economy.
At present, China and ASEAN are seizing the opportunity of a new round of technological revolution and industrial transformation to create more new cooperation highlights in areas such as smart cities, 5G, artificial intelligence, e-commerce, big data, and blockchain.
A large number of Chinese 5G, data center and cloud service providers have launched and landed related projects in ASEAN countries, providing tremendous support for the establishment and improvement of digital ecosystems, e-commerce and payment platforms.
Singapore's Lianhe Zaobao newspaper pointed out that Chinese technology companies have many leading technologies in areas such as artificial intelligence, big data and financial technology.
By partnering with Chinese companies, local companies can enhance their technological capabilities and catalyze more innovative solutions, leading to more growth opportunities.
"Digital development is one of the three key areas of ASEAN Economic Community construction. It is related to the economic recovery and sustainable development of ASEAN countries. Cooperation with China has promoted the economic and social development of the region."
Enhancing endogenous development momentum in Latin American countries
This reporter Li Xiaoxia
In the province of Huanuco, in the hinterland of the Peruvian Andes, several large equipment are working intensively, and the asphalt is evenly spread to the designated site, and the roller compactor is compacting back and forth, and the new asphalt pavement is gradually forming.
The project is an extension of the Huanuco to Huayanco highway linking Peru's mountainous regions with the country's main foreign trade center.
After the completion of the expansion project, the 236-kilometer highway will also be connected to the Pan-American Highway, greatly improving local traffic conditions and benefiting nearly 300,000 people in 243 towns along the route.
“Under the framework of the joint construction of the Belt and Road, cooperation between Peru and China has been continuously strengthened, and 25% of Peru ’ s foreign direct investment will come from China in 2020. ”
These investments have strongly promoted Peru's economic and social development and brought benefits to the local people, "said Carlos Aquino, director of the Center for Asian Studies at the National University of San Marcos in Peru.
Vanuke to Vajanco highway expansion project is a microcosm of China-Latin America infrastructure investment cooperation.
In Argentina, Chinese enterprises invested in the construction of Argentina's Helios wind power project spread in the country's mountains, deserts and coastal areas, effectively promoting the development of environmental protection and energy transformation in the country, while providing more than 1,000 jobs. After obtaining the concession of the Talka-Chilan section of the Chilean Highway 5, the company expanded and renovated the existing road with a total length of about 195 kilometers, and set up 13 new electronic toll collection systems, which alleviated the regional traffic pressure and promoted the economic growth of the areas along the project.
In recent years, the cooperation between China and Latin American countries in building the "Belt and Road" has continued to deepen, and the Latin American region has become the second largest destination for China's foreign investment, with more than 2,700 Chinese enterprises in Latin America.
In the past 20 years, China has put 138 infrastructure projects into use or under construction in Latin America, with a total investment of more than 94 billion US dollars, creating more than 600,000 jobs in the region.
Since the outbreak of the epidemic, the economic and social development of all countries in the world, especially developing countries, has been seriously affected, and the Latin American region has suffered a serious economic recession.
The epidemic has not slowed down the development momentum of China-Latin America economic and trade cooperation, and the cooperation between the two sides in the field of infrastructure investment has been in line with the development needs of the Latin American region, and has also provided support for Latin American countries to enhance their endogenous development momentum and economic and social development resilience.
Ernesto Santibáñez, a scholar in the Department of Industrial Engineering at the University of Talca in Chile, believes that the demand for high-quality infrastructure and advanced technologies in Latin America is increasing, and the exchange of products, technologies and services between Latin America and China is becoming closer, especially China's investment in the infrastructure field of Latin American countries continues to promote the development of the region.
At present, China strongly supports the development of digital industries, and orderly promotes the application of digital technologies such as 5G, big data and Internet of Things and the construction of new types of infrastructure. "Cooperation between Latin America and China in green, low-carbon, digital infrastructure and other fields has broad development space, which will promote sustainable development in Latin America," said Ignacio Martinez, an expert on international issues at the National Autonomous University of Mexico.
With the signing of the "Belt and Road" cooperation document between China and many Latin American countries, China-Latin America cooperation will be comprehensively promoted in the future.
Aquino pointed out that China's economy is growing rapidly and steadily, and it is transforming to high-quality development.
As the second largest trading partner in Latin America and a major source of investment for many Latin American countries, China's economic development is having a positive impact on the Latin American region. "A developing China will benefit the world," Aquino said.
Layout: Cai Huawei
People 's Daily (April 10, 2022 07 edition)
(Editor: Bai Yu, Zhao Xinyue)
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What is the impact of Chinese companies on jobs in Africa?

The US has invested nearly $9 billion in 25 African countries since 2004, and the Millennium Challenge Corporation has invested $9 billion in 25 African countries.

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Content: Global News
The World Today - Billions of Dollars
Washington has announced a new plan for Africa.
You are following news with billions of dollars.
Washington announces a new plan in Africa from the Department of World News and now we leave you with full details
Abu Dhabi, July 21, 2022 04: 18 AM - The head of the US delegation to the US-Africa Business Summit, which kicked off in Marrakech on Wednesday, announced that the United States will invest "billions of dollars" in Africa, in cooperation with the private sector, to develop the continent economically.
Alice Albright, president of the Millennium Challenge Corporation, a U.S. government development agency, told AFP: "The United States seeks to inject billions of dollars into trade and investment to create jobs and achieve inclusive, sustainable economic growth and prosperity across the continent."
“Now more than ever, we must harness the full gamut of U.S. government tools, harness the power of the U.S. private sector, and strengthen our partnerships with business leaders and investors across the African diaspora. ”
Since 2004, the U.S. government agency has invested nearly $9 billion in 25 African countries.
In Marrakech, Albright is taking part in the U.S.-Africa Business Summit, which concludes on Friday and is being held for the first time in North Africa and is organized annually by the Africa Business Council, a private body.
Along with the U.S. government delegation, the meeting will include political leaders, representatives of the African business community, U.S. policymakers and private investors, according to the organizers.
Opening the summit, Moroccan Foreign Minister Nasser Bourita said: “It is time for Africa to play its central and natural role in the international arena. ”
Among the issues addressed at the summit are the fight against climate change, energy transition, food security, health, agriculture, infrastructure, new technologies and the digital divide.
The White House announced on Wednesday that President Joe Biden will host between December 13 and 15 African leaders for a summit that “will highlight the importance of U.S.-Africa relations. ”
We hope that we have succeeded in conveying the full details of the news of billions of dollars..
Washington has announced a new plan for Africa.
In God ’ s care and protection.
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Which countries are actively investing in Africa besides China?

The African Investment Forum has coordinated $32.8 billion investments in Africa, with the largest deal being a $15.6 billion investment in the Lagos-Abidjan highway.

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Content: Africa Investment Forum announces coordination of investments worth $32.8 billion - Sunrise Portal
Friday 18 March 2022 7: 02 AM Cairo Cairo 24 °
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Africa Investment Forum Announces $32.8 Billion Investment Coordination
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Published on: Friday 18 March 2022 - 6: 02 AM | Last updated on Friday 18 March 2022 - 6: 02 AM
African Development Bank (AfDB) President Akinwumi Adesina announced that the forum was successful in coordinating investment deals for projects in Africa worth $32.8 billion.
At the end of the Africa Investment Forum, Adesina said that the largest deal reached at the African Investment Forum, which was held by default, during the period from 15 to 17 March, amounted to $15.6 billion for the Lagos-Abidjan highway, which connects two major cities in West Africa, Nigeria and Ivory Coast.
The 1,200-kilometer highway will consist of four to six lanes and will take about six years to complete, he said.
The projects addressed by the forum touched on the sectors of agriculture, education, energy, climate, health care, minerals, mining and information and communication technology.
Adesina noted that other projects will include the creation of a new medical city in the Senegalese capital of Accra, a fund for health services for low-income populations in South Africa, and two platforms for the manufacture of pharmaceutical products: one in West Africa and the other in Kenya.
These projects are part of the bank ’ s response to COVID-19.
The forum was originally scheduled for late last year in the Ivorian capital Abidjan, but was postponed due to an increase in the number of Omicron cases.
Adesina said: “Through the African Investment Forum, we aim to offset some of the decline in investments that occurred as a result of the COVID-19 pandemic, where“ project funding decreased by about 49%, affecting infrastructure. ”
The AfDB sees its focus on infrastructure as boosting intra-African trade, which today accounts for only about 15% of the continent ’ s total trade, as investment flows are set to help accelerate the implementation of the African Continental Free Trade Area (AfCFTA), which is expected to be fully operational in 2030, to include a market of 1.2 billion people with a GDP of $2.5 trillion.
The African Export-Import Bank is also developing a system that will enable the transfer of funds between African countries instead of settling payments through US and European banks, an initiative that is expected to save the continent $5 billion in annual transaction costs.
“We have no choice but to make the African Continental Free Trade Area (AfCFTA) operational as soon as possible. ”
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The African Development Bank has committed $5 million to new energy projects, and Kenya has attracted $21 billion in energy investments, with 85% of these investments focused on renewable energy.

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Content: ECONOMY
Mulla: International partnerships in Africa will enable technology transfer and connect local partners
Thank you for reading the news about Al Mulla: International partnerships in Africa will enable technology transfer and connect local partners.
Minister of Petroleum and Mineral Resources Tarek El-Molla said that talking about the exploitation of energy in the African continent should include energy of all kinds and integration, especially as the African continent has various natural resources that can be exploited to diversify the appropriate energy mix that meets the needs of the continent's peoples while reducing emissions.
This came during the session “Moving Forward in Support of Low-Carbon Development Pathways in Africa and Developing Countries ” during the Day of Decarbonization at the Cop27 Climate Summit.
With regard to the development of the energy sector in African countries, the minister pointed to the Egyptian experience in transforming the challenges of the energy sector over 7 years into success stories based on the state ’ s provision of the appropriate investment climate to attract new investments and build confidence in investment in Egypt with international partners, which led to balanced partnerships with international energy partners.
He added that international partnerships in Africa will allow the transfer of technology and link local partners to it, stressing the importance of building a good work system in all fields such as oil, gas, electricity and renewable energy.
He pointed to the importance of African countries providing incentives to partners because some policies do not include the necessary incentives to attract investments and we must attract them to our countries and allow the participation of the private sector, Al-Mulla concluded that there are great challenges but we have the advantages in Africa to build our future through cooperation and partnership to prosper the continent.
African Development Bank President Akinwumi Adesina praised the Egyptian effort in organizing the conference, pointing out that the African Bank is committed to providing $5 million in new and renewable energy projects where Africa owns 45% of the renewable energy in the world, which makes it eligible to establish giant solar energy projects. He cited the experience of Kenya, where we managed to attract large investments of up to 21 billion dollars in the field of energy, whether oil, gas or new and renewable energy in a short time because we paved the way and worked to change policies and renewable energy represents 85% of the investments in the field of energy and we also use natural gas.
Egyptian industries are promising industries that can catch up with China, but they need to increase funding and encourage investment, and we should focus on the African market in directing industrial activities to achieve the best use of natural resources, especially relying on clean energy.
Helmet von Stroff, CEO of Siemens Middle East, said that this year ’ s conference provided an opportunity to discuss challenges and opportunities towards decarbonization and finding sustainable solutions, stressing the importance of supporting African countries towards a low-carbon economy and providing the necessary technical support, especially for developing countries.
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Which African countries are driving the venture capital ecosystem?

In terms of geographical areas, foreign investment has gone to countries such as Egypt, South Africa, and Kenya, with a focus on infrastructure development, energy, and industrial projects.

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Content: People 's Network > > International
Roundup: China-Africa trade hits new high amid epidemic, highlights resilience of China-Africa economic and trade cooperation
01 / 03 / 2022 11: 17 | Source: Xinhua Network
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Xinhua News Agency, NAIROBI, March 1, Roundup: China-Africa trade hits new high amid epidemic, highlights resilience of China-Africa economic and trade cooperation
Xinhua reporters
In 2021, the total volume of bilateral trade between China and Africa reached a new high, and China has maintained its position as Africa's largest trading partner for 12 consecutive years.
Analysts believe that China-Africa trade has enhanced the resilience of African economies to the challenges of the COVID-19 pandemic.
China-Africa trade rises against trend to boost growth in Africa under epidemic
According to the latest data released by the General Administration of Customs of China, the total bilateral trade between China and Africa in 2021 reached 254.3 billion US dollars, an increase of 35.3% year-on-year, of which African exports to China amounted to 105.9 billion US dollars, an increase of 43.7% year-on-year.
According to a report released by the Swiss-African Business Circle Association in February, China has been the largest investor in Africa for the past 10 years.
China has added an average of 18,562 new jobs to Africa each year over the past decade.
According to the report released by the United Nations Conference on Trade and Development in November 2021, Africa ’ s foreign trade performance in 2021 was very strong from a global perspective. In the third quarter of 2021, Africa ’ s imports and exports of goods increased by 31% and 40% year-on-year, respectively.
UNCTAD believes that the economic improvement in Africa in 2021 is mainly due to the improvement of the external environment, especially the active support of China and other markets for Africa to strengthen its export capacity.
In addition, the rise in commodity prices has also provided some support for the growth of African trade.
Analysts believe that in the face of the challenges of the epidemic, African countries are generally facing economic difficulties, and with the support of demand brought by China's economic recovery momentum, China-Africa trade has risen against the trend, contributing to the African economy's resistance to the impact of the epidemic.
South Africa is an important trading partner of China. Bilateral trade between China and South Africa accounts for about one-fifth of the total trade volume between China and South Africa. In 2021, the total trade volume between China and South Africa reached 54.35 billion US dollars, an increase of 50.7% year-on-year. China invested 280 million US dollars in South Africa, including 130 million US dollars in non-financial investment and 150 million US dollars in financial investment.
"South Africa's trade with China, especially its exports to China, has boosted South Africa's economic growth and boosted employment," David Root, chief economist of the Efisiente Group, a well-known investment firm in South Africa, told Xinhua.
For South Africa, trade with China is very important.
China is one of the world ’ s leading economies and is still growing rapidly, which is very attractive to South Africa.
It is believed that the prospects for trade between the two countries will be broader in the future.
China-Africa Cooperation Forum and the Belt and Road Initiative add vitality to Africa ’ s economic recovery
According to the report "Chinese Enterprises Invest in Africa - Market Power and Private Role" released in Beijing in August 2021, since 2000, under the impetus of the Forum on China-Africa Cooperation, Chinese enterprises' investment in Africa has entered a "small step fast" development stage, especially Chinese private enterprises have gradually become the main force of China-Africa economic and trade investment cooperation.
According to a report by the African Policy Institute, since the Belt and Road Initiative was launched, China has supported modern infrastructure projects such as railways, roads, ports, dams, industry and digital connectivity in Kenya, injecting vitality into Kenya ’ s economic growth.
In recent years, China has invested in a number of major projects in South Africa, the two sides have carried out in-depth cooperation in the economic and trade field, and large Chinese state-owned enterprises and private enterprises have operated in South Africa, creating thousands of local jobs.
"The China-Africa Cooperation Forum, established in 2000, is a continuation and sublimation of China-Africa friendship and provides a guarantee for the construction of high-level China-Africa relations in the new century," said Mossi, director of the China Studies Center at Dar es Salaam University.
China has helped Africa build major infrastructure projects such as the African Union Conference Center, the Addis Ababa – Djibouti railway, and the Montaigne railway, and has cooperated closely with Africa in many fields, including science, education, culture and health.
The China-Africa cooperation has achieved tangible results, and has made remarkable contributions to reducing poverty, improving the investment environment, raising the level of industrialization and promoting economic development in African countries.
Chinese Ambassador to Tanzania Chen Mingjian said: "At present, countries in the world are still facing the two arduous tasks of epidemic prevention and control and economic recovery. China's high-quality economic development has provided impetus and confidence to the world, and has also brought more opportunities for African countries to recover after the epidemic."
(Editor: Yu Yang, Yan Meng)
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Content: ECONOMY
A golden opportunity for Egypt!
$1.5 billion in new investments to revive economy
BP plans to invest $1.5 billion in gas and drilling projects in Egypt over the next three to four years, reflecting confidence in the Egyptian economy, as part of the company ’ s commitment to strengthen its presence and activity in the energy sector in the Middle East and North Africa and its role in stabilizing global energy supplies.
Strategic Partnership for Gas Development
• ADNOC and BP have agreed to establish a new gas joint venture in Egypt, with the aim of strengthening the country ’ s economic portfolio and enhancing its competitiveness in the gas sector.
• This project is expected to contribute to an increase in natural gas production, reinforcing Egypt ’ s position as one of the region ’ s major gas producers and suppliers.
Positive impact on the Egyptian economy
• An economist considered that the new investments will contribute to stimulating the Egyptian economy, through the discovery of new fields and providing more energy for local use and export.
• It will also contribute to the creation of new jobs and improve the standard of living of citizens, by providing opportunities for local companies to participate in development and infrastructure projects related to this vital sector.
Egypt ’ s First Investment Destination
• Egypt ranks first in North Africa in attracting foreign direct investment, and second in the Arab world after the UAE thanks to the economic and legal reforms undertaken by the Egyptian government to improve the investment environment and make it more attractive to foreign investors.
• Egypt continues to develop its infrastructure and improve the services provided to companies operating in the country, with the aim of making it a preferred investment destination in the region.
Future plans for sustainable growth
• Egypt continues its efforts to attract more foreign investment in various sectors of the economy by improving the business environment, simplifying procedures and providing support and encouragement to investors.
• These efforts are expected to contribute to enhancing economic growth, providing job opportunities and improving the quality of life for citizens, through the development of local industries and stimulating innovation and leadership in various economic sectors.
Attracting foreign direct investment
• Since 2016, Egypt has seen a marked increase in the flow of foreign direct investment (FDI), reflecting the growing confidence of international investors in the Egyptian economy and its structural reforms.
• Egypt was able to attract investments worth more than $9 billion in 2019, and despite the repercussions of the Coronavirus pandemic in 2020, which negatively affected the global economy, Egypt was able to maintain its position as one of the largest destinations for investments in the Middle East and North Africa.
Role of the private sector and international partnerships
• Partnerships between the private sector and the government play a prominent role in the development of the Egyptian economy, as the government encourages private investment through the provision of incentives and facilities, in addition to supporting strategic projects and infrastructure.
• Egypt is also working to strengthen international cooperation through economic and trade partnerships with international countries and organizations, with the aim of exchanging experiences and promoting investment and bilateral trade.
Challenges and Opportunities for the Future
Despite the great progress made by Egypt in attracting investments, the country faces several challenges including economic, political and social challenges, but there are great opportunities waiting for investors to exploit the great potential enjoyed by Egypt.
• This potential is represented by its strategic location as the center of trade and industry in the region, the diversity of culture and natural resources, and a large and qualified workforce.
As one of the most important investment destinations in the region, Egypt continues its efforts to enhance the investment environment, improve infrastructure and develop vital sectors. With the government ’ s commitment to implementing economic reforms and appropriate legislation, Egypt seeks to attract more investment and achieve sustainable growth that benefits the Egyptian economy and society as a whole.
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Content: Economist: What the state has achieved in infrastructure is enough to attract foreign investment
Tuesday ، 25 October 2022 04: 00 AM
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Wael Youssef
Books by Abdul Halim Salem
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Dr. Wael Youssef, the economic expert, said that expectations increased after the end of the first day of the economic conference regarding the results that will come out of the conference; to support and strengthen the economy, localize industry and support national factories in various fields in light of the difficult economic conditions experienced by the world.
Youssef added that the results of the conference related to the implementation of reform steps and the provision of various incentives to increase foreign direct investment, especially in light of the achievements of the Egyptian state under the leadership of President Abdel Fattah al-Sisi in the fields of infrastructure, roads, bridges, transportation, housing and new cities are all giant assets added to the state.
Wael Youssef explained that the conference ’ s interest in the role of the private sector represents a major shift, especially that the private sector is able to create jobs and thus reduce unemployment, in addition to entering all projects, which was revealed in the document of state ownership, which was discussed today at the economic conference.
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Which African countries are driving the venture capital ecosystem?

Which African countries are driving the venture capital ecosystem?

Which African countries are driving the venture capital ecosystem?

The industrial areas that have received investment include semiconductors, biomedicine, advanced manufacturing, and digital economy, with a shift towards high value-added activities.

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Content: Foreign investment creates more than 50,000 jobs in three years, most of them high-paying jobs for locals
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Over the past three years, foreign investment attracted by the Economic Development Board has created more than 50,000 jobs in Singapore, most of which are high-paying jobs employing locals.
Councillors Wu Mei-ha (West Coast Constituency) and Shale (Pak Sa-Punggol Constituency) yesterday asked questions about jobs created by foreign investment, the investment areas of overseas companies, and talent training.
Chen Sheng-hui, Minister of Trade, Industry and Government Affairs of the Ministry of Culture, Community and Youth, said that over the years, the foreign investment attracted by the EDB has gradually shifted to high value-added and innovation-oriented business activities, including semiconductors and biomedicine.
Future investment projects are expected to focus on advanced manufacturing, the digital economy and the green economy.
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Which sectors are Chinese investments in Africa focusing on?

Major foreign companies that have made investments in Africa include China's state-owned enterprises, BP, and DP World, which has invested in the Berbera Economic Zone in Somaliland.

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Content:  Berbera Economic Zone will create a vital economic boost to Somaliland – says British International Investment

0

By: Staff writer

The British International Investment said that the Berbera Economic Zone will indirectly create jobs for up to fifty thousand citizens.

Liz Lloyd, Chief Impact Officer of British International Investment a British investments agency, said that the Berbera Economic Zone in Somaliland will help the overall growth of the Horn of Africa.

“The overall expansion of the port is expected to improve the quality of life and livelihood of over one million Somaliland people, increase access and affordability of, goods, and indirectly support over 53,000 local jobs”, Liz said and BII continued on Twitter noting, “It is an honor to be part of an important milestone in the opening of the Berbera Economic Zone, joining DP World and the Government of Somaliland.

“It will provide Somaliland with important resources and support the overall growth of the Horn of Africa region”.

African entities that have formed partnerships with foreign companies include the Egyptian government, which has partnered with major entities to provide hundreds of thousands of jobs.

Title:

Content: Friday 23 February 2024
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Portal of Parliament
AFRICAN MEMBER: EGYPTIAN STATE OF TOP COUNTRIES ATTRACTING INVESTMENTS
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MP Nevine Hamdi, a member of the African Affairs Committee of the House of Representatives from the Hama al-Watan Party, praised the government's approval today, headed by Dr. Mostafa Madbouly, on the largest direct investment deal through an investment partnership with major entities, in light of the state's efforts to attract foreign direct investment and increase the state's foreign exchange resources, stressing that investments are a locomotive to the future.
Neven Hamdi said in a statement that the Egyptian state is making unprecedented efforts to attract more private and foreign investments in recent periods, by making room for the private sector and improving the business climate in Egypt, and facilitating regulatory procedures that hinder the movement of investments in the country.
She stressed that the Egyptian government has provided unprecedented facilities and incentives in the past period, especially for industrial investors, as part of its efforts to localize and deepen the industry, in addition to developing a comprehensive plan of action to cope with the new changes and invest in the challenges resulting from the successive crises that affected the global economy as a result of the Russian-Ukrainian war and the Palestinian flood. To Egypt, and provide thousands of job opportunities for young people in all sectors of the country.
As for the Egyptian deal with major entities, which the government announced today, the deputy of Hama al-Watan stressed that it is the beginning of several investment deals, which the government is currently working on, to increase the state ’ s resources of hard currency, as well as it will provide hundreds of thousands of jobs, and contribute to the economic recovery of the state.
MP Nefin Hamdi concluded by stressing that the government is working to take serious and decisive measures and steps to achieve a real breakthrough in the process of attracting, encouraging and promoting local and foreign investment, eliminating bureaucratic obstacles, and overcoming various challenges facing increasing private sector investments, is to support the private sector significantly, and encourages Arab and foreign investors to participate and work in all sectors, whether agricultural, industrial and real estate. To establish and operate projects, which are indicators and investment incentives sought by the Egyptian and foreign investors.

Which African countries are driving the venture capital ecosystem?

Overall, foreign investment has had a positive impact on local economies in Africa, creating jobs, stimulating economic growth, and improving living standards.

Title:

Content: Chairman of the Board of Directors and Editors
Mohamad Elbaz
Chairman of the Board of Directors and Editors
Mohamad Elbaz
Expert: Approval of direct investment deal confirms confidence in the Egyptian economy
Economic expert Dr. Ashraf Ghorab said that the approval of the Council of Ministers, on Thursday, the largest direct investment deal through an investment partnership with major entities, confirms the success of the state in attracting foreign direct investments, and will return to Egypt with many economic returns in the coming period, and this is the beginning of more new investment flows in the future.
Ghorab added that attracting direct investments to Egypt increases foreign exchange resources of hard currency in large quantities in Egyptian banks, which will reduce the exchange rate of the dollar against the pound on the black market, and that its availability in banks contributes to providing importers to meet their import needs of production raw materials and necessary strategic goods.
He pointed out that the major investment deal approved by the Council of Ministers achieves the country ’ s objectives in development, which is the beginning of new investment deals in the near future, and confirms the confidence of foreign investment in the Egyptian economy, especially with the Egyptian economy enjoying an attractive climate for direct investments and the presence of major economic areas such as the Suez Canal Economic Zone and others.
The new adjective stifles the dollar on the black market
Ghorab said that the entry of foreign investments into the Egyptian market improves the situation of the Egyptian economy and the stability of the foreign exchange market, adding that these investments will provide hundreds of thousands of direct and indirect jobs, which contributes to reducing unemployment and raising the standard of living, and bring about an economic recovery for the Egyptian economy.

What is the impact of Chinese companies on jobs in Africa?

What is the impact of Chinese companies on jobs in Africa?

What is the impact of Chinese companies on jobs in Africa?

However, African countries need to address the challenges and obstacles faced by foreign investors to create a more conducive investment environment and attract more foreign investment.

Title:

Content: Wednesday, 06 March 2024 12: 56 GMT
Parliamentary investment discusses the challenges facing investors
(MENAFN- Jordan News Agency)
* For note paragraphs 6, 7 and 8 at source's request
Amman, March 5 (Petra) - The Chairman of the Parliamentary Committee on Economy and Investment, Omar Al-Nabr, stressed the importance of partnership with the private sector, highlighting the challenges facing investors, as well as the urgent need to enhance investor confidence in investment, especially as there are many attractive factors that characterize the Kingdom.
This came during his chairmanship of a committee meeting held on Tuesday to discuss the challenges and obstacles facing investors in the free zones and development zones, in the presence of the Secretary General of the Ministry of Investment Zaher Al-Qatarna, the Director General of the Free Zones Group Abdul Hamid Al-Gharaibeh, a member of the Amman and Jordan Chamber of Commerce Khattab Al-Banna, and a number of investors.
Al-Nabr pointed out that the "Parliamentary Investment" will submit a recommendation to the Council of Ministers, including the exemption of investors in free zones from fines incurred as a result of the failure to submit tax returns, as they do not entail a tax.
He called for the need to work on improving the infrastructure in the development areas, unifying the procedures for obtaining various investment approvals, and unifying the various references through the activation of the investment window in full.
For their part, MP Sulaiman Abu Yahya and Farid Haddad called for the need to provide an incubating and supportive investment environment, and to provide greater services and incentives to investors, stressing the importance of effective mechanisms to improve the services provided to investors.
For his part, Al-Qatarneh stressed the role of the ministry as a regulatory and supervisory authority over the free and development zones, pointing out that the ministry is concerned with facilitating all procedures for investors within these zones.
He added that the Investment Environment Law dealt with many procedures related to the functioning of the free and development zones, including exemptions.
He also confirmed that the Ministry of Investment is ready to follow up all requests submitted to it by investors to address them in coordination with the concerned authorities.
For their part, the members of the Free Zones Investors Authority praised the role of "Parliamentary Investment" in supporting the stability of legislation in a way that ensures the investment environment is prepared to keep pace with developments that support investors in general.
They reviewed the most important challenges and obstacles facing the investment environment, the most important of which are: the government financial claims of investors retroactively, which include income tax since 2008, in addition to the establishment of a mechanism in agreement with the financing bodies to provide the necessary funding within the free zones, and the activation of the investment environment law No. 21 of 2022, regarding the granting of land ownership rights. Invest, and reconsider the payment of wage waiver allowances.
They also called for ending the situation of the stagnant stock of goods and equipment, not counting vehicles that have been “leaked ”, which are still stored within the capacity, and reformulating the form of storage pledge for third parties, stressing that the lack of Jordanian certificates of origin for factories located in the free zones limits their competition with countries associated with trade agreements.
- Petra.
NS / HH
05 / 03 / 2024 21: 59: 50
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This can be achieved by improving the investment environment laws, addressing government financial claims, and providing incentives and services to investors.

Additionally, African countries can unify procedures for investment approvals, activate the investment window to simplify processes, and provide incentives and services to investors.

By doing so, African countries can attract more foreign investment, create jobs, and stimulate economic growth, ultimately improving the living standards of their citizens.

What is the impact of Chinese companies on jobs in Africa?

What is the impact of Chinese companies on jobs in Africa?

What is the impact of Chinese companies on jobs in Africa?

References:

References:

[1] to [135] are cited throughout the report to support the claims made.

[1] to [135] are cited throughout the report to support the claims made.