The Investment Challenges Conference in Egypt will kick off on Sunday, with the participation of more than 25 Arab, foreign, and African countries. The conference, which is held for the first time, will also feature representatives from the Suez Canal Economic Authority and the General Authority for Investment and Free Zones. The conference aims to address the challenges and opportunities of investing in Africa and Egypt, according to economic expert Mohamed Badr. Badr also highlighted the growth of foreign direct investment flows in Egypt, which reached $10 billion in the fiscal year 2022/2023, an increase of 12.8% compared to the previous year. As for the economic and investment challenges facing Africa, Badr said that the continent has great potential for attracting investors, as it has abundant natural resources and a large workforce.
