ENHANCEMENT OF ECONOMIC AND COMMERCIAL COOPERATION BETWEEN THE DRC AND EGYPT: EVALUATION OF THE IMPLEMENTATION OF THE MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN THE CONGOLESE GOVERNMENT THROUGH THE MINISTRY OF FOREIGN TRADE AND THE MAHMOUD SAMIH HOLDING GROUP LAST MAY TOOK PLACE THIS SUNDAY SEPTEMBER 14, 2025 IN NEW CAIRO
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The implementation of the memorandum of understanding signed last May in Kinshasa between the Congolese Government through the Ministry of Foreign Trade and the Egyptian Group of Companies - MAHMOUD SAMIH HOLDING was assessed this Sunday, September 14, 2025 in New Cairo, Egypt by the Minister of Foreign Trade, Julien Paluku Kahongya surrounded by experts and Mahmoud Sahim, CEO of the MAHMOUD SAHIM Group HOLDING.
These two parties welcomed the execution of the various points agreed in Kinshasa including the installation of the Egyptian Chamber of Commerce, now operational in the Congolese capital, and they plan to organize in Kinshasa before the end of this year, a fair in which the areas in which Egyptian companies will work in the Democratic Republic of Congo will be explored, said the Minister of Foreign Trade, Julien Paluku Kahongya during the interview granted to the press. Congolese and Egyptian
Contracts will be signed between Congolese and Egyptian companies in several sectors including Agriculture, Livestock and Fishing, at the end of this fairground activity, hence the Congo-FEC Business Federation is called upon to join the Government's efforts to collaborate with Egyptian companies, because
these two countries intend to transform common problems into business opportunities, with trade which is below 50 million US dollars, now projected at 1 billion US dollars in 3 years and tens of billions of US dollars between 5 and 10 years added the Minister of Foreign Trade who praised the technical and financial capacities of the MAHMOUD SAHIM HOLDING Group which is building large infrastructures which will transform the new Cairo
On the Egyptian side, the CEO of the MAHMOUD SAHIM HOLDING Group congratulated the Congolese Government for the pragmatism of its Minister of Commerce who is more determined to accelerate the implementation of this economic and commercial cooperation
