Egypt trade with Africa hits $5.4bn in 2016 - COMESA

Cairo – Mubasher: Egypt’s trade with the African countries totaled $5.4 billion in 2016, including exports of $2.9 billion and imports of $2.5 billion, director of the Common Market for Eastern and Southern Africa’s (COMESA) Regional Investment Agency (RIA) Heba Salama told MENA.

Egypt’s trade with the African countries peaked constantly over the last 16 years as exports soared to $3 billion in 2016 from $215 million in 2001 and imports hiked to $2.5 billion in 2016 from $348 million in 2001, Salama highlighted on the sidelines of Africa 2017 Forum held in Sharm El-Sheikh.  

The annual Africa 2017 Forum has launched on Thursday, 7 December in Sharm El Sheikh. Over 100 speakers and 1,500 delegates would discuss regional integration and job creation in the three-day forum.

The Egyptian President Abdel Fattah El-Sisi will be hosting six African heads of state at the forum, including the President of Guinea and current chair of the African Union Alpha Condé, as well as the Presidents of Chad, Rwanda, Côte d'Ivoire, Comoros, and Somalia.

 

Mubasher Contribution Time: 07-Dec-2017 12:48 (GMT)
Mubasher Last Update Time: 07-Dec-2017 13:15 (GMT)

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