South Africa’s investment company Tana Africa Capital expresses willingness to pump more investments into Egypt and expand their business in the country, Invest-Gate reports.

The chief director of the South African investment company highlights such willingness at a meeting with Minister of Investment and International Cooperation Sahar Nasr.

At the meeting, Nasr says that the government is keen on encouraging businessmen to double their investments in Egypt and overcome challenges facing some projects as well as push forward development in various sectors.

The Tana Africa Capital was established in 2011 as a project seeking to increase support for investment businesses on the African continent. So far, the company has invested $250 million in Africa, according to the company’s officials.