Politics
Egypt foreign minister joins launch of Egypt–South Africa Business Council
October 2, 2026 at 09:58 AM · Updated 14d ago
Coverage
4 reports · over 4 hours
Egypt's foreign minister has joined the launch of the Egypt–South Africa Business Council at an investment event focused on Africa's automotive sector.
- Foreign Minister Badr Abdel Atty took part Friday in the council's launch during an automotive investment event organized by Egypt's investment ministry, Afreximbank and South Africa.
- Abdel Atty said the launch comes amid growing momentum in Egypt–South Africa ties and urged broader economic and investment cooperation.
- He prioritized mining, industry, renewable energy, agriculture, pharmaceuticals, transport, logistics, ports and infrastructure in the bilateral agenda.
- He stressed leveraging the countries' BRICS membership and South Africa's Afreximbank accession to boost financing and investment between the two countries.
- Al Arabi Group announced it will manufacture automotive components for the first time at its Quesna factories under an agreement with South Africa's Malben Engineering.



