The agreement was concluded at the end of a week-long business visit by a delegation of Egyptian businessmen aimed at building an economic partnership that contributes to comprehensive and sustainable development.

The visit included a series of meetings with senior officials and ministers responsible for development-related portfolios in Burkina Faso as well as technical discussions with representatives of the chamber of commerce and industry, the grain and agricultural crops storage authority, the national electricity company and other governmental bodies, public institutions, representative entities, private-sector stakeholders, Burkinabe business leaders and major companies operating across various development sectors.

The Egyptian embassy in Burkina Faso arranged these meetings in coordination with the national office for major projects.

This reflected MAG Trade & Investment’s approach to operating in the Burkinabe market, which is based on partnership-building, joint capacity development and the exchange of knowledge and expertise, alongside strengthening economic and trade engagement.

Discussions focused on exploring potential areas of cooperation aligned with Burkina Faso’s national priorities for sustainable and inclusive development, particularly in the sectors of energy, food security and agriculture, healthcare, digital transformation and information and communications technology (ICT), housing and real estate development, and infrastructure development.

The MoU serves as a practical and positive framework for continued dialogue, coordination and cooperation between the public and private sectors, especially within African countries