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Egypt's 60 Firms in Ghana
Egyptian Ambassador to Ghana Wael Fathy said that around 60 Egyptian companies operate in the Ghanaian market with significant investments. They include companies that refine Ghanaian gold locally and participate in oil refining. He explained that customs barriers and protectionist measures hinder trade and investment among African countries, while the continent’s leaders are working to expand trade facilitation. He expects conditions to improve over the next three to five years. Fathy added that Egypt is sharing its healthcare and pharmaceutical expertise with African countries to support local production of medicines and vaccines and strengthen domestic capabilities.
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