African Development Bank and ERRADA Host Business Seminar on Green Economy in Egypt | African Development Bank

What: Seminar on a business environment for green economic development

WHO: African Development Bank, Egyptian Regulatory Reform and Development Activity (ERRADA), Ministry of Planning and Economic Development (MPED)

When: June 11, 2023, 9:00 AM – 2:00 PM Egyptian Time (GMT+3)

Where: Marriott Hotel Omar El Khayyam, Cairo (Arab Republic of Egypt) and virtually via Zoom.

The African Development Bank and the Egyptian Regulatory Reform and Development Activity (ERRADA) Initiative, under the auspices of Egypt’s Minister of Planning and Economic Development Hala El-Saidt, will host a one-day seminar on the Business Enabling Environment for Green Economic Development for the public and private sector of the country.

The event will present the results of a Joint African Development Bank/ERRADA Policy Paper, Industry challenges in some areas related to the green economy; Agriculture and agribusiness, biofertilizers, new and renewable energy, ecotourism and waste recycling. It will also explore, based on the paper’s findings and recommendations, the aspirations, challenges and opportunities of the Egyptian private sector in tapping into and increasing green investment in the country.

The seminar will bring together approximately 120 operators and experts in Egypt’s green investment sector, in addition to executives and experts from the African Development Bank and ERRADA. Financing instruments and relevant strategies will be discussed and a favorable business environment for green economic development will be promoted. The seminar also offers Egyptian companies, including SMEs, the chance to explore green investment opportunities.

ERRADA will present its strategic vision and activities to improve the business climate in Egypt for green investments. Launched in 2008, ERRADA is a government initiative to establish a regulatory management system for business-related regulation.

Egypt continues to take steps towards sustainable production and environmentally friendly policies. Embracing the green economy as a way to minimize the environmental risks associated with economic growth and in line with its sustainable development strategy – Egypt Vision 2030 – the country has also undertaken several regulatory efforts and initiatives in recent years.

Register here to attend the seminar in person or via Zoom.