Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

UK-Africa Investment Summit Kicks off in London


Mon 20 Jan 2020 | 09:45 AM
NaDa Mustafa

The activities of the UK-Africa investment summit kicked off shortly in the British capital London.

The three-day summit aims at enhancing investment opportunities in Africa.

The platform is the largest annual investment event held for the eighth time outside Africa.

It is scheduled to witness the participation of more than 350 speakers during more than 30 sessions focusing on the countries of Egypt, Algeria, Morocco, Ethiopia, Nigeria and South Africa.

The summit participants

The summit brings together a large number of African and UK’s leaders, and international institutions as well as major African and British investors.

The participants’ list includes: Egypt’s President Abdel Fattah El Sisi, UK Prime Minister Boris Johnson, and others.

 The summit agenda

The summit will discuss a number of key issues including; Sustainable financing, infrastructure, future joint investment plans, as well as trade and investment opportunities in the African continent, growth opportunities, and clean energy plans in Africa.

The Egyptian participation

President Sisi arrived in London, late Sunday. He was received by some of the members of the Egyptian community in Britain, shortly after leaving the German capital of Berlin where he participated in a summit on  Libya.

It is scheduled that the Egyptian President will deliver a word before the gathering.

It is worth mentioning that, Britain is seeking to be the largest investor from “Group of Seven” industrialized nations in the African continent by 2022 through taking measures aimed at enhancing trade between the two sides and increasing its investments in the black continent.

The major world countries, including UK, consider the African continent as an important player thanks to their natural and human resources and huge economic potentials.

Meanwhile, lately, the business environment witnessed a remarkable improvement in a number of African countries, which contributed to increasing the rates of foreign direct investment in the continent, in addition to the rapid growth of a number of economic sectors in Africa, such as trade, energy, mining, and others.