Saturday 25 June 2022 - 9:31:17 am

Minister of State receives CDC Group delegation to discuss investment cooperation

ABU DHABI, 9th March, 2022 (WAM) -- Minister of State Ahmed Al Sayegh has received a delegation from the CDC Group, the UK's development finance institution, led by Chief Executive Officer Nick O'Donohoe, at the Ministry of Foreign Affairs and International Cooperation headquarters.

During the meeting, both sides discussed the recent announcement of creating an investment platform between CDC Group and DP World, which aims to invest in ports and logistics across Africa. Both sides also agreed that such a project will accelerate Africa's status as a global trading hub and improve the continent's economic prospects.

They also highlighted the potential collaboration in Africa and Asia in infrastructure, clean energy, health, and education sectors.

The meeting was attended by Patrick Moody, the UK Ambassador to the UAE.

WAM/Esraa Ismail/Rola Alghoul