Over 100 Rwandan companies have taken part in the event.
Cairo- May 16, 2022
The Egypt-Rwanda Business Forum has
opened today in Cairo, with the participation of 100 Rwandan companies, and in
the presence of Rwandan Deputy Minister of Trade Antoine Kajangwe, ambassador
of Rwanda in Cairo and head of the Rwandan Private Sector Federation.
Sherif al-Gabali, head of the
African Cooperation Committee at the Federation of Egyptian Industries (FEI),
and Khaled Abdel Azim, executive director of the FEI, also took part in the
event.
“Egypt and Rwanda enjoy deep,
strong ties of major geopolitical importance, both being Nile Basin countries,”
Minister of Trade and Industry Nevine Gamea said, in a speech delivered by Ibrahim
al-Seggini, assistant minister for economic affairs.
She stressed the need to boost
bilateral trade, which amounted to $40 million in 2020, to better exploit the huge
potentials of the two markets, noting that the Rwandan business delegation’s
current visit to Cairo is a good opportunity for that.
The minister further called Rwandan
businesses to benefit from Egypt’s industrial development initiatives,
including: establishing industrial parks and launching a Green Economy
strategy.
Moreover, a series of B2B meetings
were held between Egyptian and Rwandan companies on the sidelines of the forum,
to discuss expanding cooperation in the fields of pharmaceuticals, textiles,
ready-made garments, building materials and cosmetics.