Egypt’s $10 mln investments in Tigray at risk amid civil war: head of Egyptian industrial zone in Ethiopia

SourceAhram
SectorEconomy
CountryEgypt

El-Saqti called on the African Union to fast-track the activation of the role of the Venture Risks in Africa Fund to protect Egyptian investments in African countries facing unrest, such as Ethiopia Doaa A.Moneim , Monday 16 Nov 2020 Ethiopian migrants, who fled intense fighting in their homeland, gather in the Um Raquba camp in the town of Gadaref, east of Khartoum, on November 15, 2020, after being transported from the border reception centre.

- Around 25,000 Ethiopians fleeing conflict in the Tigray region have crossed into neighbouring Sudan, state news agency SUNA reported, as the UN said it was working to find them shelter. AFP Egypt’s factories in Mekelle, the capital city of Tigray ...read more...