Egypt proposes $500bn Africa development initiative as NEPAD chairmanship ends

Egypt has launched a “Team Africa” initiative aimed at mobilising $500bn for approximately 300 developmental projects across the continent, Foreign Minister Badr Abdelatty said on Sunday. Delivering a speech on behalf of President Abdel Fattah Al-Sisi at the African Union Development Agency (NEPAD) steering committee meeting, Abdelatty outlined a roadmap for the agency’s second ten-yearRead More