EIB chief to arrive in Egypt Saturday to participate in Africa Forum 2018

CAIRO - 7 December 2018: President of the European Investment Bank (EIB) Werner Hoyer is set to visit Egypt on December 8 and 9 to take part in Africa Forum 2018 in Sharm El Sheikh.

The EIB president will also sign a number of funding and loans agreements with the Egyptian government.

During his visit to Egypt, the EIB chief will hold bilateral meetings with President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouli and Minister of Investment and International Cooperation Sahar Nasr, the bank said in a statement of which MENA obtained a copy.

The two-day forum will kick off in Sharm el Sheikh on Saturday with several African leaders attending.

The funds provided by the EIB contribute to supporting the Egyptian government's efforts meant to improve facilities and infrastructure nationwide.