Foreign Affairs, Emigration and Expatriates Minister Badr Abdelatty said the private sector is one of the main pillars for deepening Egypt’s economic relations with African countries, boosting trade volumes and attracting joint investments.
Abdelatty made the remarks during a meeting on Sunday, January 11, 2026, with senior businessmen, private sector representatives and executives of Egyptian companies, as part of efforts to strengthen integration between economic diplomacy and the role of the private sector in supporting Egypt’s economic presence across Africa.
He praised the participation of Egyptian companies in official visits to African countries, saying such engagement helps seize promising opportunities and implement investment and development projects that generate sustainable economic returns.
The minister said the foreign ministry gives top priority to coordination with African governments and institutions to create a more conducive business environment for Egyptian companies. This includes removing procedural and regulatory obstacles and opening communication channels with relevant authorities to improve Egyptian companies’ access to African markets and enhance their competitiveness.
Abdelatty stressed the importance of expanding cooperation in sectors with high economic returns, particularly infrastructure, energy, transport and logistics, agriculture, health and pharmaceuticals, as well as expanding the presence of Egyptian banks in African countries and supporting small- and medium-sized enterprises.He highlighted the supporting role played by the Egyptian Agency of Partnership for Development and project financing mechanisms in southern Nile Basin countries in building capacities and transferring expertise, contributing to increased Egyptian investment, stronger economic integration and sustainable development across Africa.
The minister said Africa represents a promising consumer market with significant growth potential, underlining the importance of transferring Egypt’s development, construction and modernization experience to African countries in a way that serves mutual interests.He also pointed to the positive reputation enjoyed by Egyptian companies across the continent, calling for encouraging the formation of consortia – temporary contractual partnerships bringing together multiple entities – to strengthen competitiveness.
He urged greater use of the African Continental Free Trade Area agreement to increase exports and deepen economic integration.The meeting included an exchange of views on ways to maximize economic opportunities in Africa and mechanisms to enhance private sector participation in development and investment projects, supporting Egypt’s economic footprint and fostering long-term partnerships.
Participants also discussed the importance of closer coordination between diplomatic initiatives and economic efforts, and of increasing private sector participation in foreign visits and economic missions to improve Egyptian companies’ access to African markets and advance shared interests.
FM: Private sector key to expanding trade, investment ties with Africa Egypt Independent.
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