Business

Egypt – Nigeria Business Forum

Nigeria and Egypt have reached a partnership agreement focused on food production, water management, and climate adaptation in crop cultivation.

This development was highlighted during the Egypt-Nigeria Business Forum held in Cairo.

The Nigerian delegation was led by Foreign Affairs Minister Yusuf Tuggar, who attended alongside Agriculture Minister Abubakar Kyari and the Minister of Water Resources, both of whom presented at the forum.

Abubakar Kyari Minister of Agriculture and Food Security emphasized that the discussions underscored the importance of technical collaboration and knowledge exchange between Nigeria and Egypt.

He noted that Egypt’s expertise in crop and livestock production, food technology, and water resource management offers valuable opportunities for Nigeria to learn and adapt.

The Minister announced that both countries have agreed to form technical teams to initiate joint projects supported by their respective governments and private sectors.

He described the partnership as a testament to the shared vision for agricultural innovation, economic growth, and sustainable development among African nations.

Furthermore, Nigeria and Egypt signed an agreement to establish a Comprehensive Partnership aimed at combating terrorism and extremism while promoting peace and sustainable development across Africa.

Foreign Affairs Minister Ambassador Yusuf Tuggar welcomed the proposal to establish a Nigeria-Egypt Chamber of Commerce by 2025, which he believes will enhance trade and investment opportunities between the two countries, particularly in agriculture—a vital sector of Nigeria’s economy.

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