Hassan Allam Holding Embarks on $200 Million Investment in Africa

Cairo – Hassan Allam Holding, a leading engineering and construction firm in Egypt, spearheaded by billionaire Hassan Allam, has announced a significant investment initiative across Africa. The company has committed to investing $200 million in various projects across several African countries including Tanzania, Ghana, Uganda, Libya, Rwanda, Mozambique, and Guinea Bissau.

According to Africa News Agency, this investment venture has been facilitated by a strategic partnership with the African Export-Import Bank (Afreximbank). This collaboration, formalized through a signed agreement, will enable Hassan Allam Holding to undertake major projects in numerous sectors such as engineering, procurement, construction, building materials, and utilities.