Egypt’s Foreign Minister, Badr Abdelatty, emphasized the importance of the Egypt-Gabon Business Forum in strengthening economic ties and investments. Egyptian investments in Africa have surpassed $14 billion, with a focus on sectors like infrastructure and agriculture. The forum featured discussions on enhancing partnerships and addressing food security through cooperative initiatives.
Badr Abdelatty, the Minister of Foreign Affairs of Egypt, recently highlighted the significance of the Egypt-Gabon Business Forum hosted in Libreville, where discussions took place between Gabonese President Ali Bongo Ondimba, several Gabonese ministers, and a cohort of business leaders from both nations. The forum aimed to strengthen the economic bonds between Egypt and Gabon, underpinned by President Abdel Fattah Al-Sisi’s vision for enhancing bilateral trade and investments.
In his address, Minister Abdelatty expressed Egypt’s commitment to contributing to Gabon’s developmental projects by leveraging expertise in various sectors, including infrastructure, energy, and agriculture. He underscored the intention to bolster Gabon’s sustainable development objectives while actively participating in its market expansion.
Abdelatty pointed out the vital importance of collaboration between public and private enterprises in propelling economic growth throughout Africa, revealing that Egyptian investments across the continent have surpassed $14 billion. He affirmed the reputation that Egyptian firms have established for their reliability in successful project completions.
The forum encouraged fruitful exchanges between Gabonese officials and Egyptian business representatives focused on enhancing investment partnerships. Topics discussed included developmental initiatives in road and port construction, renewable energy, and agricultural cooperation aimed at ensuring food security. Additionally, the meetings addressed technology and manufacturing collaborations to maximize mutual benefits between the two countries.
The Egypt-Gabon Business Forum was organized to facilitate discussions on strengthening economic ties and enhancing investments between Egypt and Gabon. It reflects Egypt’s broader strategy to expand its influence and trade in Africa, particularly in sectors vital for sustainable development. Through such forums, Egypt seeks to establish itself as a partner in the developmental activities of African nations, sharing knowledge and resources that align with mutual growth objectives.
In summary, the Egypt-Gabon Business Forum represents a significant step towards fortifying the economic partnerships between Egypt and Gabon. Minister Abdelatty’s remarks highlight Egypt’s readiness to invest in Gabon’s development while emphasizing the critical role of both public and private sectors in achieving economic progress across Africa. With Egyptian investments in Africa exceeding $14 billion, the potential for collaboration in various sectors is substantial, fostering a cooperative relationship that promises mutual benefits.
Original Source: www.dailynewsegypt.com
