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African Investment Entity Planned by Egypt as It Seeks Expanded BADEA Funding - Dailynewsegypt

Summary by Daily News Egypt
Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates,
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Egyptian Gazette broke the news on Sunday, August 16, 2026.
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