Gov’t joins forces with private sector to set up firm to boost trade with Africa

The Public Enterprises Ministry is partnering up with private sector investors to establish an export trading firm in Africa as well as to launch new shipping lines and logistics hubs, Al Mal cited Minister Hisham Tawfik as saying. The ministry has begun implementing the initiative through its Holding Company for Maritime and Land Transport and Misr Insurance Holding Company by launching a comprehensive series of transport and logistics services to support trade with East and Central Africa.