Back to home Middle East

Egypt and South Africa Push for Deeper Industrial Ties and Auto Cooperation

Adam ·
Egypt and South Africa Push for Deeper Industrial Ties and Auto Cooperation

Egypt and South Africa are stepping up talks to link their factories and boost joint investment.

  1. During a meeting of industry ministers Khaled Hashem and Mabo Parks Tau, both sides agreed to build on the African Automotive Investment Forum held in El Alamein.
  2. They identified automotive manufacturing and components, pharmaceuticals, metals, agro‑processing and logistics as priority sectors, with a focus on bringing car makers and tyre or EV‑battery producers to Egypt.
  3. Both countries will explore joint testing, certification and projects in iron, steel and manganese alloys to add value to their mineral resources.
  4. A new Egyptian‑South African Business Council was launched to shepherd future deals, including a joint platform between ElAraby Group and Malben Engineering.
← Previous National Bank of Egypt Reports Strong Growth and Rising Profits Next → Egypt Plans Salary Boosts to Support Teachers