COMESA
The report said Egypt implemented 32 projects inside the group's member states as a whole.
Egypt could attract about 38 percent of the FDIs, followed by Tunisia and Sudan with 9 and 8 percent, respectively, said the report.
The expanded meeting, held via video conference, was attended by Assistant Foreign Minister for Foreign Affairs Tarek Shalabi and head of Trade Representation Authority Ahmed Maghawri.
The Egyptian government is waiting for the Kenyan response to its query on the latter's decision.
Assistant Secretary General of COMESA Kipyego Cheluget on Monday said that President Abdel Fattah El-Sisi has earlir accepted hosting the upcoming COMESA Summit in Egypt next year.
Head of the Egyptian trade representation office in Lusaka Ahmed el Deeb said Egypt's trade balance achieved a surplus of $730 million, against $631 million in 2017.
Egypt's exports to the African continent are expected to reach $4.7 billion in 2018, compared to$3.6 billion in 2017.
COMESA has thanked Egypt's ministries of foreign affairs and investment for their great efforts in holding a successful edition of Africa Forum 2018.
The second stage of the program with the same amount of money will kick off soon, he noted.
Sisi receives the presidency of the African Union (AU) in February.
Sudan and Ethiopia have received more than 60 percent of the total investments of the Egyptian companies in the 21 member states of the Common Market for Eastern and Southern Africa (COMESA) at a value of $2.7 billion.
CEO of COMESA Regional Investment Agency (RIA) Heba Salama said Africa 2018 Forum is one of the most important communication platforms among investors, governments and decision-makers in Africa.
Egyptian companies have become the most active African companies in the COMESA, according to the report, a copy of which MENA received on Thursday.
The forum which will run for two days will be held under the auspices of Egyptian President Abdel Fattah El Sisi and attended by 3,000 African and international figures.
Heba Salama said the Africa 2018 Forum will discuss crucial issues determining the future of the African continent.
Member states achieved a 5 percent sustainable growth over the past five years.
The event will run for two days.
COMESA announced starting an investigation against FIFA for refraining from letting the Egyptian state TV broadcast the 22 World Cup matches.
Glass industry in Africa is limited to three countries which are Egypt, Algeria and South Africa.
Loza received Sunday the Community of Sahel-Saharan States’ (CEN-SAD) team set to observe the Egyptian 2018 Presidential Election that starts on Monday.
Most Read