MAG seeks to expand Egypt’s economic footprint across Africa - News Summed Up

MAG seeks to expand Egypt’s economic footprint across Africa


The meeting came within the framework of enhancing cooperation between the Ministry of Foreign Affairs and the private sector, reinforcing the role of Egyptian companies in expanding Egypt’s economic presence across Africa and supporting sustainable development goals. During the discussions, Atta highlighted the Foreign Minister’s emphasis on the private sector as a key pillar in deepening economic relations with African countries, increasing trade volumes, and attracting joint investments. Atta also stressed the importance of maximising Africa’s vast economic potential and expanding private sector participation in development and investment projects. In this context, MAG Group has successfully concluded agreements with several African countries to supply Egyptian products, including iron, cement, fertilisers, agricultural commodities, and petroleum products. Atta stressed that MAG Group’s focus on Africa reflects a strong commitment to strengthening both economic and political relations with countries across the continent.


Source: Daily News Egypt January 12, 2026 17:08 UTC



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