Egypt Advances in Infrastructure Development
The article focused on the development of infrastructure in Egypt and its positive impact on increasing the capacity of Egyptian companies to expand and invest in Africa. Ambassador Mohamed Abu Bakr Saleh explained that stability and development in Egypt have contributed to significant breakthroughs by Egyptian companies in several African countries, especially in large-scale projects such as the Julius Nyerere Dam in Tanzania and hydroelectric projects in Burundi. Additionally, there are companies operating in the energy sector in South Africa. He also noted that Egyptian investments in Africa amounted to $15.5 billion last year, out of a total of $70 billion in direct investments across the continent. Egypt has become a successful model in infrastructure development, prompting many African leaders to adopt and benefit from the Egyptian experience.
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