First Economic Forum between Egypt and Mauritius

Cairo hosted an economic investment forum between Egypt and Mauritius, in collaboration with the Economic Development Board of Mauritius and co-organized by the Egyptian-African Businessmen Association (EABA) and the Mauritian Economic Council headed by Yousry Al-Sharkawy and Hemraj Raminal respectively. The forum was also organized by the Mauritius’ Ambassador in Cairo Goberd Hane Raminal and the Egyptian Embassy in Mauritius.

The forum has been held within the framework of the role played by the EABA to support economic cooperation between the Egyptian financial and business community with its counterparts in brotherly African countries.

Over 25 companies from Mauritius of six different economic sectors and more than 125 Egyptian businessmen, members of the EABA, and members of the Egyptian Financial and Business Community Associations and Federations participated in the forum.

During the forum, investment and trade opportunities in Mauritius was evaluated and was followed by bilateral meetings between the financial and business communities of the two countries.

Yousry Al-Sharkawy explained that the purpose of the forum was to stand on the visions and ideas of economists in the two nations on the recurring economic crises facing the African economy and how to improve the conditions of trade exchange between Mauritius and Egypt. He pointed out that the establishment of this major forum serves as a testimony about the depth of the economic relations between Egypt and Mauritius.

Hemerj Raminal, President of the Mauritian Economic Council, lauded the efforts of the Egyptian-African Businessmen Association in hosting such significant economic forums, noting that the forum lays emphasis on the importance of the role of civil society and the African private sector in bringing about the economic development of African countries. He also highlighted the fact that it is planned to talk about how to encourage the private sector to make the most of Africa’s abundant resources in order to attain rapid growth rates.