Industry minister says Kenya 1st partner to Egypt in Africa’s east

Minister of Trade and Industry Ahmed Samir hailed on Monday the history-honored relations between Egypt and Kenya.

In a speech he read out on behalf of Prime Minister Mostafa Madbouli during a celebration hosted by the Kenyan embassy in Cairo on the occasion of the 59th anniversary of the east African country’s independence, Samir said that Kenya is the first partner to Egypt in Africa’s east.

The ceremony was attended by Ayub G. Matiiri, Kenyan Ambassador in Cairo, along with diplomats from Arab, African and foreign countries.

He added that trade, economic and investment relations are witnessing a boom in light of bilateral trade regional and continental agreements.

Samir praised the efforts exerted by the Egyptian and Kenyan governments along with the business societies in the two countries which he said contributed to promoting joint cooperation at all levels.

He added that Egypt seeks to benefit from the potentials of the two countries in the fields of trade and investment in light of their membership at COMESA, saying the Egyptian government is committed to boosting economic and investment cooperation with all African states.

The minister expressed hope for increasing joint projects between the private sectors of the two countries after the African Continental Free Trade Area (AfCFTA) took effect.

For his part, the Kenyan ambassador in Cairo expressed his country’s keenness on boosting relations with Egypt, hailing Cairo’s political support to Nairobi before and after Kenya’s independence.

He said the trade exchange between the two countries is increasing as it reached nearly 550 million dollars last year.

Egyptian ministers of Trade, supply open Food Africa 2022

On Mondy, December 5, Ali el-Moselhi, Minister of Supply and Home Trade joined Ahmed Samir, Minister of Trade and Industry, and opened the 7th International Exhibition for Food & Beverages (Food Africa 2022).

Before that, both ministers attended the International Exhibition for Processing & Packaging in the Middle East and Africa, and Dates Africa.

During his speech in Food Africa 2022, the minister of supply highlighted the significant role of the likes of such exhibitions in developing food industries.

The minister stressed the importance of Egypt’s presence in local and African markets with affordable products of high quality, in addition to developing all agricultural, industrial, and commercial entities and sectors to achieve sustainable development.

Moselhi added that over 700 companies displayed their products at Food Africa’s three pavilions, which shows the sincere collaboration and harmony between the Agricultural Export Council, the Food Export Council, and the Chamber of Food Industries.

For his part, the minister of trade applauded Food Africa as one of the biggest, most influential events of its kind in Africa.

Samir explained by adding that it serves as a chance to initiate numerous business connections, explore new markets, and more importantly sign contracts and agreements with potential buyers.

The minister of trade concluded that Food Africa and Dates Africa are Egypt’s first steps towards accessing world markets and expanding intra-African trade, indicating that holding the exhibition for the seventh year in a row reflects the interest of Egyptian and international companies in the African market, which is top priority for the government’s strategy to promote foreign trade to reach $100 bn annually.