The AHE is a pharmaceutical exhibition that will be held in Egypt for the first time from 5 to 7 June.
The UK is anticipating the Cairo event, Baley added on Thursday during the signing of a memorandum of understanding (MoU) between the multinational company AstraZeneca and the Egyptian Authority for Unified Procurement (UPA) to sponsor the AHE.
He added that Egypt needs to build partnerships with the private sector, noting that the British companies are ready to support and cooperate with Egypt in the healthcare sector.
“We believe that Egypt can be a hub for Africa and the Middle East region as well in the pharmaceutical sector. Also, there is an ambition for its pharmaceutical exports to reach European countries,” he added.
Baley pointed out that the UK is cooperating with Egypt through the World Bank on two key grounds, including the universal health insurance system and the national map for vaccine distribution.
Based on the MoU, AstraZeneca will sponsor the upcoming AHE which seeks to enhance trade relations, ensure knowledge transfer, and support foreign direct investment in support of African healthcare systems.
The agreement also builds on a previous MoU that supports the training of over 1,000 pharmacists across Egypt.