23-07-2025
FM opens Egyptian-Burkinabe Business Forum
CAIRO, July 22 (MENA) - Minister of Foreign Affairs and Emigration Badr Abdelatty Tuesday inaugurated the Egyptian-Burkinabe Business Forum at the headquarters of the Burkinabe Chamber of Commerce in Ouagadougou.
The forum was attended by Karamoko Jean-Marie Traoré, Minister of Foreign Affairs of Burkina Faso, Roland Sow, President of the Burkinabe Chamber of Commerce and Industry, and high-level participation from the business communities of both countries.
A delegation of 30 businessmen, CEOs, and representatives of major Egyptian companies operating in various sectors participated in the forum, led by Sherif El Gebali, Chairman of the African Cooperation Committee at the Federation of Egyptian Industries (FEI).
The forum featured meetings between representatives of Egyptian and Burkinabe companies, providing an opportunity to establish partnerships between businessmen and company representatives, as well as to explore joint projects in various sectors, including agriculture, pharmaceuticals, infrastructure, mining, manufacturing, and new and renewable energy.
In his speech, Abdelatty said the forum is aimed to opening direct channels of communication between the two countries' business communities.
He called on the participating private sector leaders to seize available investment opportunities in both countries and work to build partnerships based on trust, sustainability, and mutual benefit.
The top Egyptian diplomat praised the seriousness and shared political will reflected in the forum to enhance economic, trade, and investment cooperation between the two nations.
He stated enhancing cooperation between the private sectors of both countries represents the true path to creating job opportunities, increasing production, and building economies capable of withstanding challenges.
Abdelatty also lauded the promising potential of the Burkinabe market in the fields of agriculture, energy, mining, and infrastructure, and Egypt's extensive expertise in the pharmaceutical, construction, renewable energy, information technology, and technical education sectors.
These potential provide fertile ground for successful partnerships and the exchange of expertise that contributes to supporting development efforts in both countries, he said.
He reviewed Egypt's achievements in infrastructure development and services, noting that Egyptian exports exceeded $44.5 billion annually, of which $6.5 billion were directed to African markets.
Abdelatty ascribed the significant increase in Egyptian exports to African market to the significant progress in local manufacturing, supported by unprecedented infrastructure investments exceeding $500 billion since 2014, including the development of roads, ports, railways, and new cities.
The foreign minister said the forum serves as a platform for embodying the shared will to build an economic future based on continental integration and confidence in Africa's inherent potential.
He expressed hope that the forum's outcomes would help promote the bilateral partnership to broader horizons of cooperation, development, and prosperity. (MENA)
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