Egypt has launched a major project to modernize export procedures across its ports and border points to boost trade efficiency and strengthen the global competitiveness of local products. The plan introduces advanced inspection and modular customs clearance units to handle growing export volumes and cut administrative delays that burden businesses.
Deputy Finance Minister Ahmed Kouchouk and Minister of Investment and Foreign Trade Hassan El-Khatib said the initiative mirrors Egypt’s successful import logistics centers and aims to build an integrated trade ecosystem aligned with international standards.
The government earmarked EGP 45 billion ($947 million) in the current fiscal budget to support exporters and enhance their competitiveness. Officials said the investment will help create a more resilient and efficient export infrastructure capable of sustaining long-term economic growth.
Digital transformation is a central pillar of the reform. Authorities plan to deploy artificial intelligence to accelerate export procedures, cut costs, and optimize document flows. The Nafeza digital platform, which links 130 customs sites and 35 government bodies, will serve as the backbone of this transformation by automating coordination and reducing bureaucracy.
Through this initiative, Egypt aims not only to modernize its ports but to transform its entire export chain into a faster, smarter, and more competitive system. Officials said the goal is to align with international trade standards and make the country a more attractive hub for global commerce.
This article was initially published in French by Henoc Dossa
Adapted in English by Ange Jason Quenum
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tunisie Telecom launches Kashy mobile wallet with Viamobile partnership App enables transfers, payments, top-ups, and cash withdrawals nationwide Move...
Rwanda launches Nyungwe-Ruhango ecosystem restoration project backed by GEF funding REMA to implement across Southern Province under Green Amayaga...
Russia is increasingly using African ship registries to sustain oil exports under sanctions Weak oversight and “flags of convenience” complicate...
Tanzania’s central bank has taken a stake in Africa Finance Corporation The move gives access to long-term infrastructure financing and technical...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...