Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty stressed Egypt’s keenness to enhance economic integration with African countries, notably the Democratic Republic of Congo (DRC), within the directives of President Abdel Fattah al-Sisi, to foster regional cooperation with African states.
Abdelatty’s remarks came during his meeting on Friday 22/11/2024 with Congolese Minister of Industry and the Development of Small and Medium Sized Enterprises Louis Kabamba Watum, as part of his official visit to Kinshasa.
The foreign minister underlined the importance of strengthening joint action to develop trade and investments ties between Egypt and the DR Congo.
The top Egyptian diplomat called for elevating economic ties between the two countries, through supporting the private sector and small and medium-sized enterprises, which serve as the basic driver of economic and social development.
The pair discussed the possibility of establishing Egyptian factories in the DRC to localize the manufacture of a number of Egyptian products, especially in the fields of medicines, food industries and agricultural industry.
Abdelatty expressed Egypt’s willingness to provide technical support and training in the areas of industry and entrepreneurship for the DRC.
He also highlighted the key role that could be played by the Egyptian Export and Investment Guarantee Agency (EEIGA) in encouraging Egyptian SMEs to enter the Congolese market.
On his part, the Congolese industry minister commended Egypt’s leading part in backing the development process in Africa, expressing his aspiration to expand the partnership with Egypt, especially in the field of manufacturing and agricultural industries, in a way that contributes to advancing sustainable development in the DRC.
