MOGADISHU (Somaliguardian) – In recent days, Egyptian and Somali officials have engaged in high-level talks aimed at enhancing economic collaboration between their countries. The discussions focused on boosting trade exchange, investment opportunities, and overall economic cooperation.
A notable outcome of these talks is the effort to increase the presence of Egyptian companies in Somalia. The meetings highlighted the potential for Egyptian businesses to invest directly in Somali infrastructure projects.
This development is expected to strengthen Somalia’s infrastructure while offering Egyptian firms valuable opportunities in new and emerging markets.
The discussions also included a detailed plan to increase the volume of trade between Egypt and Somalia. The target is to elevate trade to $100 million within the next three years.
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