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Egypt-Mali Business Forum kicks off in Bamako

Businessmen Team news 24 July 2025 03:24 PM
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Egypt-Mali Business Forum kicks off in Bamako

Foreign Minister Dr. Badr Abdelatty on Thursday inaugurated the Egyptian-Malian Business Forum in Bamako, underscoring a new push for economic partnership between the two African countries.

The forum saw broad participation from senior business figures and representatives from both the public and private sectors in Egypt and Mali, including Malian Foreign Minister Abdoulaye Diop, Industry and Trade Minister Moussa Al-Hassan Diallo, and Commissioner for Food Security Radwan Agh Mohamed.

A large Egyptian delegation of 30 business leaders and company representatives attended, led by Dr. Sherif El-Gabaly, head of the African Cooperation Committee at the Federation of Egyptian Industries. Other notable attendees included Dr. Mohey Hafez of the Export Council for Medical Industries, and Major General Hazem Ahmed Yehia from the Egypt Future for Sustainable Development Agency, along with representatives from key Egyptian entities such as the Association of Egyptian Exporters, the Federation of Industries, the Egyptian General Petroleum Corporation, and the Mineral Resources Authority.

In his opening remarks, Abdelatty highlighted the forum as a significant step towards bolstering economic and trade ties. He emphasized that it opens unprecedented horizons for the private sector in both countries to develop partnerships based on integration and trust, aligning with their deep historical connections and economic potential.

The foreign minister asserted that Egyptian-Malian relations are experiencing unprecedented momentum, positioning the forum as a crucial starting point to boost trade, foster industrial and investment partnerships, and enhance cooperation between their respective business communities.

Abdelatty praised the forum's role as a practical first step in strengthening institutional cooperation. He noted ongoing joint efforts, including the formation of an economic working group and plans to establish an Egyptian-Malian business council, aimed at activating cooperation across various sectors.

Egypt, he said, is keen to expand its investments in Mali, particularly in priority sectors such as textiles, timber, and pharmaceuticals. This aligns with Mali's national development plans, including the 2024-2033 Development Plan and the "Mali Kura 2063" vision.

Dr. Abdelatty also highlighted Egypt's economy as one of Africa's largest, citing its promising investment opportunities and extensive experience in strategic projects spanning infrastructure, agriculture, energy, dams, medicine, and telecommunications. He showcased Egypt's notable progress in industrial and service sectors.

He reiterated Egypt's commitment as a key partner to Mali's efforts in achieving security, stability, and combating terrorism. He stressed the importance of a comprehensive approach that links security and development for sustainable peace, urging continued joint work to strengthen bilateral relations across all fields.

Malian Industry and Trade Minister Moussa Al-Hassan Diallo, in his address, affirmed his government's strong interest in enhancing cooperation with Egypt. He commended Egypt's expertise in supporting development across the African continent.

Diallo expressed Mali's eagerness to leverage Egypt's pioneering experience in vital sectors, particularly infrastructure, manufacturing, medicine, and energy. He emphasized that the forum's convening reflects the shared political will to elevate economic and investment cooperation, marking a significant step towards establishing a sustainable partnership.