Within the framework of strengthening economic and trade relations between Egypt and Mozambique, And in continuation of the efforts and activities undertaken by the EABA and the distinguished relations that link the Association with its strategic partners.
With the participation of many prominent figures in the Egyptian and Mozambican business world, EABA organized a distinguished pinar entitled “Egyptian-Mozambican Business Day” in the presence of a number of prominent figures in the public and private sectors.
At their head is His Excellency Ambassador Mohamed Farghal, Ambassador of Egypt to Mozambique, Dr. Yousrey El-Sharkawi, Chairman of EABA, and Mr. Ali Basha, Director of the Africa Department at the Commercial Representation Authority Mr. Clair Zimba National Director of Foreign Trade Ministry of industry and commerce
In addition to this distinguished diplomatic presence, today witnessed a strong presence from a group of executives from a large number of large companies in the public and private sectors in Egypt and Mozambique. This strong participation reflects the dedication and growing interest in strengthening trade and investment ties between the two countries. These companies sought to explore new opportunities for cooperation and partnership in a variety of economic sectors.
This prominent presence represents a unique platform for exchanging ideas and experiences and establishing sustainable partnerships. Which enhances economic development and deepens bilateral relations between Egypt and Mozambique in order to achieve common interests and enhance the economic prosperity of both countries.
Dr. Yousrey El-Sharkawi expressed, Chairman of EABA Expressing his happiness and thanks for welcoming the attendees to this exceptional event, Pointing out that this event constitutes a real opportunity to enhance cooperation and deepen relations between Egypt and Mozambique.
El-Sharkawi stressed the importance of highlighting the promising opportunities that await us in the fields of investment and trade between the two countries. Saying that we aspire to achieve joint success that enhances economic development in Egypt and Mozambique, Mozambique is a country of strategic importance on the African continent. We are convinced of the importance of cooperating with them to open new horizons for growth and prosperity. Thanks to the exchange of experiences and knowledge at this event, We aspire to explore new opportunities and achieve common successes.
Within the framework of emphasizing the importance of building strategic partnerships that enhance economic development in Egypt and Mozambique, Al-Sharqawi referred to the visit of His Excellency President Abdel Fattah El-Sisi to Mozambique last year, Emphasizing Egypt’s keenness to strengthen bilateral relations and deepen joint cooperation in various fields.
In conclusion, El-Sharkawi stressed the importance of joint work and the exchange of experiences between the two countries by exploiting the opportunities available in the local and international markets. He expressed his sincere thanks for the embassy’s cooperation and continued support. Which contributes to strengthening bilateral relations between the two countries and deepening mutual understanding.
During the event, The economic ratios between Egypt and Mozambique were reviewed. The figures showed a remarkable development in the volume of trade and investments between the two countries. With the growth of economic relations, It opens up investment opportunities for entrepreneurs in a variety of sectors.”
Among the exciting investment opportunities in Mozambique, we can mention the agricultural sector, which holds enormous potential, especially in the field of cultivation of strategic crops such as sugar and cotton. Mozambique’s rich natural resources also provide investment opportunities in the mining and energy sectors, with resources of coal, natural gas and precious metals available. As for Egypt, the industrial sectors are witnessing remarkable growth, making it an attractive investment destination. The real estate and infrastructure sector has great potential. For investment, especially with the recent developments in urban development projects and tourism facilities.”
In this context, The participants stressed the importance of consolidating bilateral relations between Egypt and Mozambique and expanding the scope of economic cooperation. Encouraging more direct investments between the two countries. They also called for simplifying administrative procedures and providing support to businessmen and companies to facilitate investment and trade operations.
This event came as a continuation of the “Business Day” series and banners organized by the EABA in close cooperation and coordination with African countries. This series reflects the diligent and continuous approach to strengthening ties and expanding economic partnerships between Egypt and its African partners. It aims to enhance trade exchange and joint investments in a variety of economic sectors.