Minister of Investment and Foreign Trade Mohamed Farid Saleh and Minister of Agriculture and Land Reclamation Alaa Farouk held a high-level coordination meeting with representatives from sovereign, economic and diplomatic bodies as part of the state’s strategy to strengthen Egypt’s investment and trade presence across Africa. Discussions also addressed the feasibility of establishing a specialised investment entity dedicated to the African market. He noted that sectors linked to food security and agricultural development present promising investment opportunities capable of generating tangible added value for both African economies and Egyptian investors. Farouk also emphasised that directing Egyptian investment towards African markets would help secure sustainable supply chains for strategic crops and essential commodities, reduce the import bill and strengthen African countries’ resilience to global crises. He noted that investment in agriculture remains a primary driver of comprehensive development due to its strong capacity to generate employment and support the development of rural communities across the continent.

Source: Daily News Egypt March 09, 2026 17:18 UTC