Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Egypt starting point for Russian business in Africa

Egypt working on plans to strengthen mutual relations with most African countries through the implementation of huge projects.
06.06.21 | Source: Arab News

Egypt represents a link and a starting point for Russian businesses in Africa, Rania Al-Mashat, minister of international cooperation, said on Friday.


She was speaking at the Russia-Africa session that took place as part of the 24th St. Petersburg International Economic Forum in St. Petersburg.


She highlighted the importance of bilateral relations that had grown over the past few years, and said the strategic partnership was reflected in many major projects that were being implemented, such as the $25 billion Dabaa Nuclear Power Plant project and the Russian Industrial Zone in the Suez Canal Economic Zone, which is expected to bring in investment worth $7 billion.

FREE NEWSLETTER