logo
Egypt and Angola forge deeper strategic ties, agree on economic cooperation

Egypt and Angola forge deeper strategic ties, agree on economic cooperation

Egypt Today29-04-2025
Long queues of humanitarian aid trucks waiting for the green light to move from Cairo heading towards the Gaza Strip on January 26, 2025- Samar Samir/ Egypt Today
CAIRO – 29 April 2025: A joint statement was issued following the official visit of Angolan President João Manuel Gonçalves Lourenço to the Arab Republic of Egypt.
The statement outlined that, "At the invitation of His Excellency President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, His Excellency President João Manuel Gonçalves Lourenço, President of the Republic of Angola, paid an official visit to the Arab Republic of Egypt for three days, from April 28 to 30, 2025."
According to the statement, the official visit underscores the deep historical bonds of brotherhood and solidarity between the Arab Republic of Egypt and the Republic of Angola, ties rooted in Angola's struggle for independence. The visit also aimed to strengthen the partnership between the two nations and support South-South cooperation. President João Manuel Gonçalves Lourenço was accompanied by a high-level delegation comprising several ministers and senior officials from the Angolan government.
During the visit, President Abdel Fattah El-Sisi and President João Lourenço held extensive discussions marked by a spirit of cordiality, mutual respect, and shared understanding, reflecting the depth, strength, strategic nature, and mutual trust characterizing the relationship between the two countries.
President El-Sisi extended his sincere congratulations to the government and people of Angola on the occasion of the fiftieth anniversary of their national independence in November 2025, as well as to President Lourenço on Angola's presidency of the African Union. The two presidents reviewed ways to enhance cooperation in various fields to serve their common interests and establish new frameworks for strategic partnership.
Both presidents emphasized the necessity of deepening economic cooperation and agreed to intensify joint efforts to promote investment and trade, particularly in sectors that contribute to economic diversification in both countries. This shared direction aims to support sustainable development goals, enhance institutional capacity building, and facilitate the exchange of expertise and best practices for the benefit of their peoples.
In this context, the two sides reaffirmed the importance of continuing dialogue between their countries and agreed to hold the next round of political consultations in Luanda before the end of the current year.
As current members of the African Union Peace and Security Council, the two presidents exchanged views on pressing issues related to peace and security on the African continent, with a focus on the political and security situations in the Democratic Republic of Congo, the Republic of Sudan, South Sudan, and the Federal Republic of Somalia. President Lourenço affirmed Angola's firm commitment, under its current presidency of the African Union, to supporting sustainable development, peace, and stability through the implementation of the AU's Agenda 2063 "The Africa We Want" and the "Silencing the Guns" initiative.
Regarding the situation in Sudan, the two leaders expressed their deep concern over the ongoing conflict and its humanitarian consequences, calling for an immediate cessation of hostilities and the resumption of a comprehensive national dialogue that preserves Sudan's unity and sovereignty and alleviates the suffering of its people. They also expressed their support for regional and international initiatives aimed at reaching a peaceful solution to the crisis, emphasizing the important role of the African Union in conflict resolution and mediation efforts. They further expressed their rejection of any attempts to form a parallel government in Sudan.
On South Sudan, the two presidents expressed their concern about recent developments that could exacerbate political and security tensions. They stressed the necessity of dialogue and consensus-building, and the continued implementation of the Revitalized Agreement on the Resolution of the Conflict in the Republic of South Sudan (R-ARCSS).
Concerning 1 Somalia, the two presidents reiterated their support for Somalia's unity, stability, and security, and condemned the escalation of terrorist activities, including the recent heinous assassination attempt targeting the Somali president.
Regarding the situation in the eastern Democratic Republic of Congo, the two presidents reiterated their condemnation of all acts of violence that undermine peace and stability. President El-Sisi commended President Lourenço's efforts to address the crisis within the framework of the Luanda process. The two leaders affirmed their unwavering commitment to the unity, sovereignty, and territorial integrity of the Democratic Republic of Congo, and stressed the importance of continuing dialogue among all concerned parties to reach a peaceful settlement of the crisis.
The two sides also welcomed the appointment of President Faure Essozimna Gnassingbé, President of the Togolese Republic, as the new mediator in the peace process, and affirmed the fundamental role of the African Union in supporting regional initiatives to promote peace and security.
The two presidents discussed the issue of water security and cooperation across international rivers, particularly in light of water scarcity, and emphasized the necessity of managing transboundary water resources in accordance with international law in a comprehensive manner that achieves mutual benefits, while respecting the principle of "no harm." The two presidents stressed the need to refrain from unilateral actions that provoke disputes between riparian states.
The two presidents also expressed their deep concern regarding the escalating humanitarian crisis in the Gaza Strip and reiterated the necessity of reaching a permanent ceasefire, ensuring the unhindered delivery of humanitarian aid to the Palestinian people, and their support for the Arab/Islamic plan for recovery and reconstruction. President Lourenço commended Egypt's constructive role and strategic vision in the efforts to reconstruct Gaza and its mediation efforts to achieve sustainable peace and security in accordance with United Nations resolutions and the two-state solution.
The two presidents reaffirmed their mutual support for their countries' nominations in international forums and agreed to continue regular consultations on regional, continental, and international agendas. They emphasized the importance of unifying the African voice to enhance the continent's representation in global governance institutions.
In this context, the two presidents reiterated their full commitment to the decisions of the African Union to endorse the candidacy of Dr. Khaled El-Enany, Egypt's and the African Union's nominee, for the post of Director-General of UNESCO.
President Abdel Fattah El-Sisi expressed the Arab Republic of Egypt's support for Angola's hosting of the 7th African Union-European Union Summit in Luanda, and President João Manuel Gonçalves Lourenço expressed the Republic of Angola's support for Egypt's hosting of the 49th Ordinary Session of the Executive Council and the 8th Mid-Year Coordination Meeting of the African Union in July 2026.
At the conclusion of the visit, the two sides reaffirmed their commitment to strengthening multilateral action and stressed the urgent need to reform international institutions, foremost among them the United Nations and the Security Council, to ensure they are more inclusive, representative, and democratic, thereby enabling broader participation of developing countries in the global decision-making process.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Avis Egypt named the 'Licensee of the Year 2025' by Avis Budget Group
Avis Egypt named the 'Licensee of the Year 2025' by Avis Budget Group

Economic Key

timean hour ago

  • Economic Key

Avis Egypt named the 'Licensee of the Year 2025' by Avis Budget Group

In a historic achievement that reinforces its leadership in the mobility sector, Avis Egypt has been named the prestigious title of 'Licensee of the Year 2025' by Avis Budget Group- a title it will hold through 2027. The announcement was made during the Avis Budget Group International Conference, held in Istanbul, which brought together licensees from over 150 countries. This marks the first time an African Avis licensee and an Egyptian car rental company has received such global recognition. The win also reflects the strength of Avis Egypt as part of Avis Budget Egypt, the official licensee of Avis, Budget & Payless in Egypt and the mobility arm of Ezz Elarab Group, a pioneering automotive enterprise with 50 years of legacy in the Egyptian market. The recognition follows a precise evaluation process based on annual growth rates, fleet efficiency, Net Promoter Score (NPS), amongst other metrics and overall compliance with global standards. It reflects Avis Budget Egypt's ability to deliver a globally competitive strategy, while remaining deeply attuned to the evolving needs of the market and it stands as a testament to the company's consistent performance and dedication over the past few years. This performance is closely tied to Avis Budget Egypt's strategic vision — one that blends targeted marketing with a clear focus on supporting the country's booming tourism sector. With car rentals and chauffeur driven services the company has reinforced its local presence by tapping into this momentum. Tourism revenues in the first half of fiscal year 2024–2025 reached $8.7 billion, up from $7.8 billion year-on-year. Notably, the first quarter of 2025 alone saw a 25% increase in tourist arrivals compared to Q1 2024, further cementing Egypt's position as a leading regional travel destination. In the same week, Avis Egypt was also named 'Egypt's Leading Car Rental Company' for the ninth consecutive year by the World Travel Awards, the travel industry's most prestigious program recognizing excellence across global tourism and hospitality, a clear testament to its consistent service excellence. Additionally, Budget Egypt received the 'Customer Favorite Award' from based on customers' reviews and performance metrics. These honors collectively solidify the company's customer-centric approach, focus on service quality, and commitment to best international practices. Commenting on the achievement, Eng. Hisham Ezz Elarab, Chairman of Ezz Elarab Group, stated: 'This global recognition marks a new chapter in Avis Budget Egypt's journey as a mobility leader. It reflects our strong growth, expanding market share, and clear strategic vision. Our goal is not just to provide best-in-class service, but to reshape the mobility landscape in Egypt by anticipating and responding to evolving customer needs'. During the conference, Ms. Nevine El-Labban, Chairwoman of Avis Budget Egypt, was invited to participate in a high-level panel discussion titled 'Strategic Operations and Expansion,' featuring top-performing global licensees, a recognition of her leadership and the company's role in advancing operational excellence across the Avis Budget Group network. She remarked: 'At Avis Budget Egypt, we go beyond providing transportation, we deliver integrated mobility solutions tailored to the changing needs of individuals and businesses. Our strategy is grounded in listening to our customers and understanding how lifestyle shifts influence their mobility preferences. We're not just competing in the market, we're setting the standard.' Later, reflecting on the award, Ms. El-Labban added: 'This global award not only validates our success in Egypt, but also places our operational expertise at the heart of the Avis Budget international network. We are proud to be viewed as a benchmark for performance excellence across the group.' Avis Budget Egypt has evolved into a leading enterprise, achieving fivefold growth in just three years, driven by visionary leadership and a highly skilled team. The company's offerings span short-term rentals, long-term leasing, chauffeured services, and corporate fleet management. By strengthening its long-term leasing and chauffeured transportation operations, Avis Budget Egypt has further diversified its portfolio and revenue streams, firmly positioning itself as a key player in shaping the future of regional mobility. These achievements align with Ezz Elarab Group's 50th anniversary, serving as a powerful reflection of its longstanding dedication to excellence, innovation, and a sustainable future for mobility in Egypt and the broader region. تم نسخ الرابط

Egypt Leads North Africa in Copper Exports
Egypt Leads North Africa in Copper Exports

See - Sada Elbalad

time19 hours ago

  • See - Sada Elbalad

Egypt Leads North Africa in Copper Exports

Taarek Refaat Egypt has emerged as North Africa's top copper exporter, outpacing regional peers Morocco and Libya, according to a new report by Business Africa, which ranked the continent's top 10 copper-exporting countries. The report underscores copper's rising status as Africa's second-most valuable export after crude oil, with total trade value reaching an estimated $35 billion in 2024. While 52 out of 54 African nations export copper in some capacity, 98% of the continent's copper export value is concentrated in just 10 countries. Egypt's growing prominence in copper exports reflects its accelerated push to expand its mining and metals sector, part of a broader economic diversification strategy. The report highlighted Egypt's key export markets, including Europe, the Middle East, and North Africa, positioning the country as an increasingly important supplier in regional and global copper supply chains. 'Egypt's rise in copper exports supports its ambition to become a key hub for mineral resources in the region,' the report noted, pointing to infrastructure improvements and regulatory reforms in the mining sector. Africa currently accounts for 15.3% of global copper exports, a sizeable contribution given rising global demand for the metal, which is critical in renewable energy infrastructure, electric vehicles, and industrial manufacturing. Beyond North Africa, the continent's leading copper exporters include: DRC Zambia Tanzania Republic of Congo Namibia Nigeria These countries dominate Africa's copper output, supplying the bulk of raw materials to global markets. The report also notes that China remains the primary destination for most African copper exports, reflecting the Chinese economy's unrelenting demand for raw materials to fuel its manufacturing and energy transition sectors. 'The Chinese market continues to play a central role in shaping copper trade dynamics across Africa,' Business Africa said. As nations worldwide invest heavily in green technologies and electrification, copper demand is expected to rise further, presenting strategic opportunities for countries like Egypt to cement their positions in the global value chain. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language

Al-Sisi, Macron discuss Gaza ceasefire efforts, France's planned recognition of Palestinian state
Al-Sisi, Macron discuss Gaza ceasefire efforts, France's planned recognition of Palestinian state

Daily News Egypt

timea day ago

  • Daily News Egypt

Al-Sisi, Macron discuss Gaza ceasefire efforts, France's planned recognition of Palestinian state

Egyptian President Abdel Fattah Al-Sisi received a phone call on Saturday from French President Emmanuel Macron to discuss bilateral ties, efforts to broker a ceasefire in Gaza, and France's forthcoming recognition of a Palestinian state, according to a statement by the Egyptian presidency. Presidential spokesperson Mohamed El-Shennawy said the call reaffirmed the strength of Egypt-France relations and both leaders' commitment to build on the momentum from Macron's recent visit to Cairo—particularly in economic, trade, and investment cooperation. The discussion covered Egypt's ongoing mediation efforts to secure a Gaza ceasefire and facilitate the exchange of hostages and detainees. Both leaders also underscored the urgent need to guarantee the adequate and sustained delivery of humanitarian aid to Gaza. President Macron expressed France's full support for Egypt's diplomatic efforts, while both leaders stressed the importance of achieving a just and comprehensive resolution to the Palestinian issue based on international legitimacy. Al-Sisi welcomed Macron's recent announcement of France's intention to formally recognise the State of Palestine during the upcoming high-level segment of the UN General Assembly in New York this September. He described the move as consistent with France's longstanding support for the two-state solution, which he affirmed remains the only viable path to lasting peace and stability in the region. The call also addressed Egypt's backing of a joint French-Saudi initiative to hold a high-level international conference on Palestinian peace efforts, scheduled to take place in New York later this month, the statement added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store