Local alliance formed to support Egyptian exports’ expansion into new African markets

The Egyptian Company for Industrial Exports has revealed the creation of a new industrial alliance, consisting of six local companies, with the aim of expanding into key African markets—Kenya, Nigeria, and Ghana.

As part of the alliance’s expansion strategy, plans are underway to host an exhibition in Kenya to showcase Egyptian products, creating a platform for increased visibility and export opportunities.

Mohamed Adel Hosni, Chairman of the company, shared that the alliance is the culmination of a year-long effort. He emphasized that the primary objective is to support Egypt in achieving its ambitious goal of reaching $145 billion in exports by 2030.

Mona Wahba, Managing Director of the Egyptian Company for Industrial Exports, shared that the alliance plans to establish a 4,000 square meter logistics warehouse in Nairobi, Kenya. This facility will serve as a hub for expanding access to neighboring markets and enhancing the competitiveness of Egyptian products.

During the launch of the alliance’s activities in Kenya and the inauguration of the Cairo-Africa Economic Forum, Wahba explained that the first phase of the expansion plan will focus on exporting chemical products and construction materials in the first six months. Further phases will see expansion into additional industrial sectors, based on the needs of each market.