Egypt, Ghana to sign agreements on investment in April 2025

CAIRO – 9 January 2025: Deputy Foreign Minister Abou Bakr Hefny met Wednesday Secretary General of the Ghanaian Ministry of Foreign Affairs Ramses Cleveland to discuss holding a meeting of a joint supreme committee in April, and during which, sign agreements on encouraging investments, avoidance of dual taxation, and reciprocal exemption of visa for officials.

Deputy Minister Hefny noted the multiplication of trade exchange figures over the past three years between Egypt and Ghana, and commended the entry of Ghanaian firms to the Egyptian market, precisely in the fields of mining, real estate, and electrical panels. Trade exchange between the two countries grew from $78 million in 2020 to $270 million in 2023.

On his side, the secretary general of the Ghanaian Ministry of Foreign Affairs expressed appreciation to Egypt for providing medical aid to assist Ghana combat hepatitis C, and for delivering training in the fields of healthcare and counterterrorism through the Egyptian Agency of Partnership for Development (EAPD).

Secretary general Cleveland also expressed interest in bolstering cooperation between specialized centers in both countries, especially between Cairo International Center for Conflict Resolution, Peacekeeping, and Peacebuilding (CCCPA) and Kofi Annan International Peacekeeping Training Center, as well as between the diplomatic centers.