{"id":596884,"date":"2019-07-10T04:18:29","date_gmt":"2019-07-10T04:18:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/"},"modified":"2019-07-10T04:18:29","modified_gmt":"2019-07-10T04:18:29","slug":"afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/","title":{"rendered":"Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off"},"content":{"rendered":"<p><b>Afreximbank dedicates USD 1 bn to support AfCFTA: <\/b>Afreximbank has decided to allocate USD 1 bn to help countries that fear facing losses as a result of the <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/08\/afcftas-operational-phase-launched-at-au-summit\/\">AfCFTA agreement<\/a>, <a href=\"https:\/\/www.africanews.com\/2019\/07\/09\/afreximbank-announces-1b-adjustment-facility-other-afcfta-support-measures\/\">President Benedict Oramah said<\/a> on the sidelines of the African Union summit in Niger. The money aims to encourage countries to ratify the treaty by providing financial assistance.<\/p>\n<p><b>Egypt-Tanzania business summit kicks off:<\/b> Investment Minister Sahar Nasr inaugurated yesterday with Tanzanian Prime Minister Kassim Majaliwa the Egypt-Tanzania business summit, the Investment Ministry <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%88%D8%B1%D8%A6%D9%8A%D8%B3-%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%AA%D9%86%D8%B2%D8%A7%D9%86%D9%8A%D8%A7-%D9%8A%D9%81%D8%AA%D8%AA%D8%AD%D8%A7%D9%86-%D9%85%D9%86%D8%AA%D8%AF%D9%89-%D8%A7%D9%84%D8%A7%D8%B9%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%89-%D8%A7%D9%84%D8%AA%D9%86%D8%B2%D8%A7%D9%86%D9%8A.aspx\">said in a statement<\/a>. During the summit, Majaliwa invited Egyptian businessmen to invest in Tanzania\u2019s agriculture industry while Nasr called on Tanzanian businessmen to increase their investments in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afreximbank dedicates USD 1 bn to support AfCFTA: Afreximbank has decided to allocate USD 1 bn to help countries that fear facing losses as a result of the AfCFTA agreement, President Benedict Oramah said on the sidelines of the African Union summit in Niger. The money aims to encourage countries to ratify the treaty by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9285],"tags":[421,7098,168,2398,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596884","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-afreximbank","tag-africa","tag-diplomacy","tag-diplomacy-foreign-trade","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"c6f60cca-0331-4a4d-9043-bb47ee949c59","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596859],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off\" \/>\n<meta property=\"og:description\" content=\"Afreximbank dedicates USD 1 bn to support AfCFTA: Afreximbank has decided to allocate USD 1 bn to help countries that fear facing losses as a result of the AfCFTA agreement, President Benedict Oramah said on the sidelines of the African Union summit in Niger. The money aims to encourage countries to ratify the treaty by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-10T04:18:29+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off\",\"datePublished\":\"2019-07-10T04:18:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AfreximBank\",\"Africa\",\"DIPLOMACY\",\"Diplomacy + Foreign Trade\",\"EnterpriseAM\",\"Finance\"],\"articleSection\":[\"Diplomacy + Foreign Trade\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/afreximbank-dedicates-usd-1-bn-to-afcfta-egypt-tanzania-summit-kicks-off\/\",\"name\":\"Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off - 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The\u2026","rel":"","context":"In &quot;TRADE WATCH&quot;","block_context":{"text":"TRADE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/189.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560932,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/hop-on-board\/","url_meta":{"origin":596884,"position":1},"title":"Hop on board","author":"enterpriseam admin","date":"18 March 2021","format":false,"excerpt":"Egypt could join in a new USD 1 bn continental transit [assurance] scheme from AfreximBank, which is designed to encourage trade across Africa by improving tax collection and cutting back on trade costs. The new scheme will \u201chelp remove bottlenecks\u201d in implementing the new African Continental Freetrade Zone (AfCFTA) and\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/237.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604631,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/","url_meta":{"origin":596884,"position":2},"title":"AfreximBank pledges USD 2 bn for Egypt in 2019","author":"enterpriseam admin","date":"9 December 2018","format":false,"excerpt":"The African Export Import (AfreximBank) Bank has earmarked USD 2 bn for Egypt in 2019, President Benedict Oramah said during the Africa 2018 forum in Sharm El Sheikh, according to Al Mal. The new financing will be directed largely towards manufacturing and petrochemical projects.","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573044,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/","url_meta":{"origin":596884,"position":3},"title":"Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"DEBT WATCH- Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank. 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