President Abdel Fattah el-Sisi called on the Visegrád Group (V4) and other European countries on Tuesday to localize some of their industries in Egypt and to twin their universities with Egyptian ones to assist in the advancement of the country and other developing nations.
SICO is the first Egyptian company to manufacture smart phones, 20 percent of which is owned by the Egyptian Ministry of Communications and Information Technology.
Egypt is implementing electrical interconnection projects in the coming period, with capacity of approximately 9 thousand megawatts.
Egypt came as the best attractive destination for investment in Africa for the fourth year in a row, according to “Where to invest in Africa” report issued by the Rand Merchant Bank in 2021.
U.S. National Security Advisor Jake Sullivan and accompanying delegation visited Egypt Wednesday.
Egypt attaches great importance to strengthening cooperation in the field of electricity and energy with African countries, according to Minister of Electricity and Renewable Energy, Mohamed Shaker.
They held consultations over a number of bilateral and regional matters of mutual interest.
He added that the chemical sector is the winning horse in the African continent for Egyptian exports, so it is working hard to develop our presence in the African market, at a time when fertilizer exports alone amount to about $1.2 billion during 2020.
A ceremony was held on the occasion.
She added that the African market is one of the main destinations for Egyptian exports of chemical industries, and the council has developed an implementation plan to overcome the challenges facing increasing exports, strengthening trade relations and providing information on Africa and the products traded in the market.
Both Ministers will hold a session of talks at the headquarters of the Ministry of Foreign Affairs, downtown Cairo, the statement said. The meeting will be followed by a press conference.
President Abdel Fatah al-Sisi greeted Thursday his Mexican counterpart Andres Obrador and Governor-General of Papua New Guinea Bob Dadae.
Africa received grants of $41.4 billion in 2018/2019, an amount that is not commensurate with the needs of the continent, said deputy secretary-general of the Organization for Economic Cooperation and Development, Jeffrey Schlagenhauf, on Wednesday.
He explained that Egypt had established close ties with African states in the various fields to meet the needs of their peoples.
The aid is offered by the Ministry of Defense and Military Production and the Egyptian Red Crescent.
The minister added that such cooperation has to include "reconstruction and post-conflict development endeavors."
Egypt has a number of trade agreements that link it with 55 African states, aiming to increase economic cooperation.
Saleh also called for the unification of institutions in the Libyan government, with the participation of all regions in power.
Egyptian Prime Minister Moustafa Madbouli received his Somali counterpart at the airport, the statement said, adding that the Somali Prime Minister’s visit would last several days.
Egypt will receive 700,000 doses of Johnson and Johnson vaccine in a second batch and will support the African Vaccine Acquisition Trust (AVAT) to receive the Covid-19 vaccines.