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Ambassador Mohamed Hegazi spoke about Africa's imminent achievement of its dream of comprehensive development, pointing out that Egypt is leading development efforts on the continent and possesses strong implementation capacity through national companies and banks. He noted that Egyptian financing contributed to the completion of the giant Tanzanian dam project with a loan of approximately $3 billion, reflecting the ability of African countries to carry out projects without relying on pressure currencies. He emphasized the importance of optimally utilizing African resources and warned against other countries infringing on the sovereignty of others for maritime outlets. He underscored that Ethiopia is seeking a military maritime outlet in Somalia and has a commercial outlet with Eritrea connected by a railway line.
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