SIGNATURE THIS THURSDAY, MAY 15, 2025 IN KINSHASA OF THE MEMORENDUM OF UNDERSTANDING WITH THE EGYPT CHAMBER OF COMMERCE CHAIRED BY AL-AHRAMAT ENGINEERING DEVELOPMENT COMPANY, COMPANY OF MAHMOUD SAMIH HOLDING
The Congolese Government, through the Minister of Foreign Trade, Julien Paluku Kahongya and the Egyptian Chamber of Commerce chaired by Al-Ahramat Engineering Development Company, a company of Mahmoud Samih Holding represented by Mahmoud Samih, CEO of this group, proceeded yesterday Thursday in Kinshasa to the signing of a memorendum of understanding which sets at 60 days the operationalization of the DRC-Egypt Chamber of Commerce in Kinshasa.
The creation of this chamber of commerce facilitates trade between the Democratic Republic of Congo and Egypt by identifying and providing solutions adapted to the needs of the Congolese market, as part of the promotion of bilateral economic and commercial cooperation with the aim of encouraging strategic investments in several sectors including infrastructure,
agriculture and technology in several provinces including Kinshasa, Kongo Central, the greater Katanga and greater Kasaï areas and Tshopo
Also develop and manage a dedicated digital platform, allowing the publication of the needs of Congolese actors and the connection with qualified Egyptian suppliers; and act as a trusted intermediary between Egyptian suppliers and Congolese buyers, and vice versa, by ensuring the quality and conformity of the products offered, stipulates this memorandum of understanding.
The CEO of Mahmoud Samih Holding, Mahmoud Samih reassured the Congolese Government that it has the financial and technical capacities to materialize the creation of this chamber of commerce under Congolese law and which will be verified by the Due Diligence mission, he added.
For the Minister of Foreign Trade, Julien Paluku Kahongya, the signing of this memorandum of understanding strengthens commercial and economic cooperation between the DRC and Egypt, hence the Government is committed to securing the implementation of projects by signing this exclusive contract with the Egyptian Chamber of Commerce and to creating a steering committee concludes Julien Paluku Kahongya
