Minister of Investment and Foreign Trade Hassan El-Khatib explored ways to enhance economic relations between Egypt and South Africa, according to a statement.

Infinity Power has secured a $372 million refinancing facility from Absa Corporate and Investment Banking, a part of Absa Group, according to a statement.

Al Baraka Bank Egypt has launched a foreign trade cooperation program with Al Baraka Bank South Africa to support trade activities through the group’s digital trade platform.

The Egyptian Drug Authority’s (EDA) Chairman Ali Ghamrawy has met with the North African Ambassador to Cairo Joseph Mashimbye to probe cooperation in pharmaceuticals industry.

Egypt is seeking to enhance joint coordination with South Africa at continental and international forums on various global economic issues, the Egyptian Ministry of Finance announced.