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  • Thursday, 16 June 2022

The Minister of International Cooperation Joins Forces with African Ministers to Establish an African Vision for Regional Climate Action at COP27

To strengthen regional economic cooperation and integration amid global food security concerns and climate change, During her participation in the AFRICA CEO forum, H.E. Dr. Rania A. Al-Mashat, Minister of International Cooperation, held two meetings with Moussa Sanago, Minister of Budget of Côte d'Ivoire, and Adama Coulibaly, Minister for Finance and Economy, in the presence of Dr. Wael Badawy, Egyptian Ambassador in Abidjan.

The Minister of International Cooperation noted that Egypt's international cooperation is based on the values of win-win cooperation and mutual benefit, and reshifts the focus on the importance of knowledge exchange and sharing successful development models that can be replicated in Cote d'Ivoire and other African countries within the framework of South-South cooperation. 

In the context where private sector growth is booming and is encouraged to play a more active role in the economy, Egypt’s private companies express vested interest in African markets, and seek to transfer the benefits of Egypt’s experiences to Africa. This is also because Egypt has historically played a key role in boosting Africa’s development, being the founding member of the New Partnership for Africa’s Development (NEPAD) and is currently leading efforts to host the United Nations Climate Change Conference (COP27) on behalf of the African continent to mobilize climate finance. 

The Minister invited the Ministers of Economy and Budget to participate in the Egypt- International Cooperation Forum, which will aim to unite Africa’s voice and discuss mutual plans ahead of COP27 to ensure that a clear common ground is established.

For his part, the Minister of Budget, Moussa Sanogo, welcomed the Minister of International Cooperation’s first visit to Côte d'Ivoire, and praised the achievements that were made by Egypt in boosting multilateralism and international cooperation in the current global context.

He also expressed his aspiration to participate in the Egypt-International Cooperation Forum and the COP27 conference, particularly in light of the country's interest to host the 15th session of the Conference of Parties to the United Nations Convention to Combat Desertification (COP 15) in Abidjan.

The Minister of Economy and Finance, Adama Coulibaly, also underscored his deep interest as an African country to enhance development cooperation with Egypt, and welcomed the invitation to participate in Egypt-International Cooperation forum and COP27.