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Home› Egypt› Egypt studies industrial projects in Africa to expand regional integration

Egypt studies industrial projects in Africa to expand regional integration

EgyptOct 27, 2026, 6:10 PM
Egypt studies industrial projects in Africa to expand regional integration
NEWS DESKEgypt
PUBLISHEDOct 27, 2026, 6:10 PM
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What the source reports

Egypt is studying the establishment of several industrial projects in African countries as part of efforts to strengthen regional industrial integration, expand intra-African trade and develop pharmaceutical and agro-processing value chains, Minister of Industry Khaled Hashem said. Speaking at the opening of a forum titled “Scaling Egypt’s Industrial Champions in Pharma and Agribusiness: Trade, Manufacturing and Regional Expansion”, organised by the International Cooperation Committee of the American Chamber of Commerce (AmCham) in Egypt in cooperation with the African Export-Import Bank (Afreximbank), Hashem said Egypt aims to deepen industrial cooperation with African partners and increase the integration of Egyptian industries into regional and global value chains.

The event was attended by Omar Mohanna, chairperson of the American Chamber of Commerce in Egypt; Oluranti Doherty, director of export development at Afreximbank; Ahmed Maghawry, assistant minister of industry for international cooperation; and representatives of leading Egyptian companies, government entities, financial institutions and industrial partners. Hashem said geopolitical developments, technological transformation and the restructuring of global supply chains are creating new opportunities for Africa to strengthen its industrial capabilities, expand regional trade and attract investment. According to Afreximbank’s 2026 African Trade Report, Africa’s gross domestic product growth accelerated to 4. 5% in 2025, while total merchandise trade reached approximately $1. 5trn. Intra-African trade amounted to around $214bn, marking an annual increase of 5. 5%. Egypt accounted for approximately 4. 4% of intra-African trade, equivalent to around $9. 3bn, Hashem said, noting that the figures highlight the…

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Main source: Daily News Egypt

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