Egypt to implement Arab Africa Trade Bridge programme in December

Egypt will start implementing the Arab Africa Trade Bridges (AATB) programme, which was launched by the International Islamic Trade Finance Corporation (ITFC), during this month, Egypt’s Minister of Trade and Industry Nevine Gamea said.

Gamea added that the AATB programme will last until the end of September 2021. She noted that the programme aims to enhance capacity of Egyptian exporters and encourage exporting to new markets in Africa.

The minister said that the Export Development Authority (EDA) would implement the programme in Egypt in cooperation with the ITFC, export councils, and the Federation of Egyptian Industries.

Hani Salem Sonbol, CEO of the ITFC, affirmed the corporation’s keenness to enhance cooperation with the Ministry of Trade and Industry and the EDA in Egypt, adding that the AATB programme comes at the core of the Corporation’s strategy to promote trade in the continent.