Egyptian business delegation to visit Ghana in September to promote exports

Daily News Egypt
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Khaled Abu Al-Makarem, chairperson of the Chemical and Fertilizers Export Council, announced organising the council’s second visit to Ghana on 22-27 September to promote Egyptian exports.

The council’s delegation will include 25 Egyptian companies, and aims to maximise the competitiveness of Egyptian various products in international markets, and learn about investment and export opportunities available in Ghana, Abu Al-Makarem added in a press statement.

Executive Director of the Chemical and Fertilizers Export Council, Waleed Azab, said the visit will see bilateral meetings between Egyptian and Guinean companies, field visits to some companies’ headquarters in Ghana, a seminar on trade and investment in Ghana.

A preparatory delegation from the council will be sent to Ghana on 17-23 August to prepare for the visit in coordination with the Egyptian Trade Representation Office in Ghana, Azab added.

He continued that this preparatory delegation will prepare studies of the Ghanaian market.

Azab assured that the Egyptian-Ghanaian relations are strong and diverse, noting that there is an impressive presence for some Egyptian companies operating in the Ghanaian market, notably the Arab Contractors, El Nasr Export & Import Company, El Sweedy Electric, Wadi Degla, Eurogate, and EFG Hermes.

Egyptian exports to Ghana witnessed a remarkable development during 2018 recording $90.6m, up from $63.3m in 2017, an increase of 43%.

On the other hand, Egypt’s imports from Ghana declined in 2018 to reach $10.5m, down from $11m in 2017.

Furthermore, the trade exchange between the two countries recorded $101.2m in 2018, up from $17.4m in 2017, a hike of 36%.

Ghana ranked fourth in terms of the top countries importing Egyptian products, following Kenya, Nigeria, and Ethiopia.

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