Egypt aims to boost mining cooperation with Kenya and Tanzania
The interviews conducted by Egyptian Minister of Petroleum and Mineral Resources, Engineer Kareem El-Badawy, with the Kenyan and Tanzanian Ministers of Mining focused on strengthening cooperation in the mining sector among the three countries. The officials discussed the development of mineral resources, exchanging expertise, and supporting joint investments with the aim of increasing added value from natural resources. The Egyptian minister explained that Egypt is shifting from exporting raw materials to developing manufacturing industries to achieve greater economic returns. This includes collaboration in geological surveying and the utilization of resources such as rare earth elements and phosphates. The two sides also highlighted opportunities to work on industrial projects like glass manufacturing and fertilizer production. They agreed to sign memorandums of understanding to guide collaboration and implement joint projects, and Egypt was invited to participate in the upcoming mining forum in Tanzania.
Notice: This Is an AI-Generated Summary
Comments (0)