14 Hrs
Source:
Sky News
Al-Matarm Al-Ilmiy Afriqiya Opens New Markets for Egypt
The activities of the African Alamein Forum for Business commenced, during which new investment relationships and collaborations between Egypt and African countries were announced, aiming to open new markets. The discussions covered several sectors, including transportation, where the Egyptian Prime Minister discussed with the Vice President of Tanzania the development of Dar Es Salaam Port. Other sectors such as agriculture and automobiles were also addressed through an investment forum, with memoranda of understanding signed with countries like Equatorial Guinea, Congo, Angola, and South Africa to strengthen cooperation in the fields of culture, tourism, agriculture, and industry. Additionally, an agreement was reached to establish a veterinary vaccine factory and various investment activities, alongside meetings with African and international companies and institutions to support startups and expand their markets. In the energy sector, officials discussed expanding into African markets, while the Egyptian president highlighted areas of cooperation in energy, fertilizers, and chemicals, as well as coordinating relations among African nations to promote development and investment in the region.
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