Egyptian Ambassador in Paris Alaa Youssef stressed that Cairo and Paris share close viewpoints towards boosting security, stability and development in the African continent. Speaking to reporters, the diplomat said the two countries' leaderships are keen to main coordination towards different regional issues, including African ones. He said many French companies are now carrying out projects in Egypt, including Cairo metro and new monorail projects. The two countries are also cooperating at the educational level the diplomat said, citing the establishment of the French University in Cairo that will operate side by side with Senghor University in Alexandria. The volume of French investments in Egypt total 5 billion euros with more than 165 French companies operating in the Egyptian market that includes 100 million consumers.

Source: The North Africa Journal May 16, 2021 11:15 UTC