Egypt and China reached a new agreement to reinforce their collaboration. The deal will see China finance many development projects in the African country.
Targeted projects include the Egyptian satellite project "Misr Sat II”, and the Satellite Assembly, Integration and Test Center (AITC). The partners will also establish a vocational training center in the Suez Canal Authority Economic Zone, and other projects are ongoing to develop the transportation sector. Egypt seeks to strengthen “sustainable infrastructure and to develop smart transportation projects.”
This new agreement aims to support the country’s development agenda, which is also in line with the United Nations Sustainable Development Goals. According to Rania Al-Machat, the Minister of International Cooperation, her country plans to expand cooperation with China in “the localization of the railway industry, increase local manufacturing, and climate financing.”
Overall, China has already invested about $1.8 billion in the health, agriculture, education, technical education, and electricity sectors in Egypt. In addition, more than 4,000 government officials and 300 executives have benefited from about 1,110 training programs in sectors such as health, agriculture, and water resources over the past four years.
Jean-Marc Gogbeu, intern
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Terra Industries plans a major drone manufacturing plant in Accra with capacity of 50,000 units annually by 2028. The facility targets growing...
Lesotho and South Africa will launch the Senqu Bridge, a $146.7 million cross-border infrastructure project. The bridge forms part of Phase...
85.8% of Malawi’s 8,939 schools lack internet access despite national digital ambitions. Nearly 47% of schools have no electricity, making...
Total traffic rose to 29.66 million tonnes in 2025, up from 24.58 million tonnes in 2024. Liquid bulk volumes surged 108%, while imports and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...