The Egyptian-African Businessmen Association , headed by Dr. Yousrey Elsharkawi,continues its reception of African delegations; As it launches its latest conference on November 21, In association with the Zambia Development Agency (ZDA) and South Lusaka Multi-Utility Economic Zone.
The association is scheduled to launch a huge economic conference, In cooperation with the Economic Development Board of Mauritius “EDB”, on the 27th of November, The conference will take place over 4 days. With the wide participation of more than 200 businessmen, representatives of organizations and governments, African ambassadors, and senior media professionals.
Dr. Yousrey Elsharkawi announced that the Assembly will host the two conferences, Noting that the great success of the Nigeria Conference encouraged the leaders of the Assembly to propose launching similar conferences; to discuss economic challenges, and the emerging opportunities between Egypt and African countries, Stressing his keenness to strengthen economic cooperation with African countries, By achieving industrial integration, and improving trade exchange.
Elsharkawi stated that the Zambia conference, scheduled for 21November , It witnesses the holding of several meetings dealing with the discussion of many topics related to the economy and related fields; With the aim of increasing the trade exchange base between Egypt and Zambia, The day includes a business forum between Zambia and Egypt and bilateral meetings between businessmen of the two countries.
Noting that the conference aims to identify the visions and ideas of economists in the two countries, On the successive economic crises facing the African economy, And how to raise the rates of trade exchange between Egypt and Zambia, Elsharkawi added that the volume of trade exchange between Egypt and Zambia amounted to about $15.1 million last year. He pointed out that the most important Egyptian exports to Zambia include fertilizers and chemicals. and food industries, and engineering.
Chairman of the Zambia Development Agency (ZDA) noted his country’s keenness to encourage Zambian companies to visit the Egyptian market. To explore opportunities for joint cooperation with Egyptian companies, Stressing that the Egyptian-African Businessmen Association revealed many success stories for distinguished Egyptian companies, He indicated his hope that they would enter the Zambian market.
Elsharkawi stressed the desire of Egyptian businessmen to enhance cooperation with Zambia. The association provides an opportunity to exchange experiences and enhance cooperation by attending bilateral meetings. To discuss opportunities for cooperation and entry into the promising Egyptian and Zambian market.
Chairman of the Development Agency in Zambia praised the Egyptian-African Businessmen Association; to host the Zambian Conference, Pointing out that it provides a platform for in-depth thinking and fruitful discussion on strengthening economic cooperation between the two countries.
Elsharkawi added that on 27November , The investment trade forum and bilateral meetings with the Mauritius delegation will witness, He stressed that hosting these conferences comes within the framework of implementing the association’s plan. In order to support the African economy, Noting that the association will make every effort to promote African development, and increasing economic cooperation between their countries.
He stressed that the association’s holding of this huge conference comes as a confirmation of the depth of economic relations between Egypt and Mauritius. Adding that it has witnessed unprecedented developments in recent years, As a result of the interest of the Mauritian leadership in engaging in the development of economic cooperation with the various countries of the African continent, especially Egypt.
the Chairman of the Economic Development Board of Mauritius “EDB” praised the efforts of the Egyptian-African Businessmen Association, in holding such major economic conferences, Noting that the forum stresses the importance of the role of the private sector in bringing about the economic development of African countries, Stressing that it is scheduled to discuss ways of directing the private sector towards benefiting from the abundant resources of the African continent, In order to achieve high growth rates.
He emphasized the witnessed growth in the course of bilateral relations between the two countries, Expressing his deep appreciation to the President and members of the Association, Noting that there are broad prospects for developing relations, And push the frameworks of joint cooperation between them in various fields.
The head of “EDB” noted, The volume of trade exchange between Egypt and Mauritius rose to more than $33 million. He added that the past period witnessed great momentum regarding the visits of Mauritian delegations to Egypt, Pointing out his desire to send other missions that include a number of investors to Egypt; To get a closer look at the investment opportunities available in Egypt, He also welcomed the visit of a delegation of Egyptian businessmen to Mauritius as well.
It is worth noting that the Zambia-Egypt Business Forum in Cairo, And the investment trade forum with the delegation of Mauritius, They aim to open the horizons of partnership and joint cooperation between businessmen in the two countries, As well as opening the horizons of partnership and offering the possibilities of cooperation to develop major investment projects in Zambia and the African continent as a whole.
They also aim to open new markets for exports of services and goods between the two countries. And open opportunities for joint cooperation between suppliers in both countries, And holding bilateral meetings and meetings with Egyptian manufacturers and suppliers in many sectors such as foodstuffs, bitumen, lubricating oils, cement and other sectors.
In addition to discussing with investors looking to structure their assets/wealth/business, promoting Zambia as an international financial center and offering the facilities available in Zambia and Mauritius to Egyptian companies, or fund managers, or family businesses looking to do business on the African continent and internationally, By structuring its investment or business entity in Zambia and Mauritius, And take advantage of the highly favorable economic and financial ecosystem.
As well as arriving at a new, viable vision in order to put it before the governments of the two countries, which demonstrates the capacity of the private sector, and civil society, And the business community in the two countries to actively participate in African development.
Elsharkawi stressed that the association places the development of trade and investment cooperation with African countries at the top of its priorities. To achieve economic integration, enhance trade exchange, and stimulate African investments, Stressing that the association will continue to support the continent with all its available capabilities.