Foreign Ministry launches financial program to train African cadres

CAIRO – 14 January 2019: Foreign Ministry's Egyptian Agency of Partnership for Development (EAPD) organized a training program dubbed "Role of Central Banks in a Changing Market" to train African participants in financial fields.

The two-week program will be attended by Ambassador Ahmed Shahin, secretary general of the EAPD. A number of 35 participants from 23 African countries will take part in the program, Shahin said.

The training aims at building African cadres according to the perspective of the Egyptian experience in operating central banks, shedding light on supervision and control, economic liberalization, financial inclusion, mechanisms of financing small and medium enterprises, market risks, foreign-exchange reserves management and others fields.

The training program is being organized for the first time within the framework of the Foreign Ministry's keenness to bring new fields to support the capacities of African cadres, especially in the developmental, economic and financial sectors, Shahin said.

The role and monetary policies of the Egyptian Central Bank contributed to achieving the current development and economic successes in the country, said Shahin. He added that this success has made the Egyptian model an issue of interest to many African countries.