Egypt and Kenya are actively exploring avenues to bolster their trade and investment ties. A meeting was convened at the Cairo Chamber of Commerce, featuring discussions with Tobia Anjani, the Kenyan Commercial Counsellor, on strategies to enhance the economic relations between the two nations.
Sherif Yehia, a board member of the Cairo Chamber of Commerce, extended a warm welcome to the Kenyan Commercial Counsellor on behalf of the chamber’s chairperson, Ayman Al-Ashry. Yehia emphasized that the chamber is committed to providing comprehensive data and insights about the Egyptian market and the opportunities it offers to the Kenyan business community. He noted that Egypt has undergone significant development in recent years, making it an attractive prospect for cooperation.
Yehia highlighted the diverse range of Egyptian products that can find success in the Kenyan market, particularly with the Egyptian government’s focus on expanding exports, especially within Africa. He also underscored the investment prospects available across various sectors in Egypt.
Furthermore, Yehia stressed the unwavering support of the Egyptian government for the development of foreign economic relations, investment encouragement, and the facilitation of investment activities. He cited the incentives extended by the Egyptian government to investors and investment ventures, fostering a conducive environment for enhancing economic ties between Egypt and Kenya and augmenting the volume of trade.
The Kenyan Commercial Counsellor echoed these sentiments, affirming that his visit to the Cairo Chamber aimed to fortify bilateral economic relations, elevate trade and investment interactions between the two nations, and streamline export and import operations.
He also revealed plans for an upcoming meeting, to be organized by the Kenyan embassy in Egypt in November. This gathering will bring together business communities from both countries to deliberate on strategies for amplifying trade and investment cooperation.
