Category: Africa

Posted on

Deputy Minister Masemola to represent Deputy President Mashatile at the 8Th Social Justice Summit

Source: President of South Africa –

The Deputy Minister of Cooperative Governance and Traditional Affairs (CoGTA), Dr. Namane Dickson Masemola, will on Monday, 12 October 2026, on behalf of Deputy President Paul Mashatile, attend and deliver a keynote address at the 8th Social Justice Summit at the Stellenbosch University in the Western Cape Province. 

Hosted by Prof. Thuli Madonsela, Director of the Centre for Social Justice and Law Faculty Trust Chair in Social Justice, the two-day summit has become South Africa’s foremost multi-stakeholder platform for translating constitutional commitments on social justice into concrete policy and law reform outcomes. 

Themed under, “The District Development Model/Inter-Governmental Relations as Catalysts for Achieving SDGs and Social Justice,” the summit is envisaged to produce five principal outputs: a landmark Summit Declaration anchoring South Africa’s DDM–SDG commitments to 2030; a publicly accessible National SDG Dashboard disaggregated by municipality; a time-bound Plan of Action 2026–2030; six Occasional Papers across the six SDG commission themes; and a Policy Brief on  constitutional governance for the achievement of the SDGs. 

The Summit convenes Government at all three spheres of administration: The Executive, Parliament and the Judiciary, as well as Traditional and Khoi-San Leaders, religious leaders, civil society, the private sector and youth formations — making it a whole-of-society convening with the authority and reach to drive national policy change.

The 2026 Summit convenes at a pivotal national and global juncture: with Local Government Elections imminent, the 2030 SDG deadline approaching, and the country taking stock of thirty years of constitutional democracy, under a constitution that recognises local government in its own right, amid persisting challenges of apartheid mirroring structural inequality, poverty and food insecurity and periodic unrests.

Deputy Minister of Justice and Constitutional Development Mr Andries Nel will also be in attendance.

Details of the summit are as follows:

Date: Monday, 12 October 2026
Time: 08h00
Venue: Coetzenburg Centre, Stellenbosch University, Western Cape. 

For enquiries and accreditation: Mr Sthembiso Sithole (The Presidency) on 078 356 4355 or Ms Musa Maud Mkaliphi (Media Liaison Officer to Deputy Minister Dr. Masemola) on 060 204 2563 or Mr Thembalethu Seyisi (Centre for Social Justice) on 072 785 3218. 

Media enquiries: Mr Keith Khoza, Acting Spokesperson to the Deputy President, on 066 195 8840

Issued by: The Presidency
Pretoria

Posted on

New national registry gives consumers power to block unwanted marketing

Source: Government of South Africa

New national registry gives consumers power to block unwanted marketing

South Africans can now take greater control of unwanted direct marketing through the National Opt-Out Registry, a free, government-administered platform launched by the National Consumer Commission (NCC) to curb unsolicited calls, SMSes and other electronic communications.

The registry gives effect to Section 11 of the Consumer Protection Act (CPA), which gives consumers the right to block unwanted direct marketing.

To enforce this right, Trade, Industry and Competition Minister Parks Tau gazetted the Consumer Protection Act Amendment Regulations, 2026, empowering the NCC to administer the registry.

Speaking at the launch of the registry in Pretoria on Wednesday, Tau said South Africa ranked ninth globally for spam call intensity, with nearly 30% of calls from unknown numbers classified as spam or fraudulent.

“South Africans are becoming more alert, but alertness alone cannot substitute for a proper regulatory backstop. Scam and marketing networks are becoming more sophisticated, using spoofing and artificial intelligence to reach consumers,” Tau said.

Tau said the National Opt-Out Registry was introduced to help address the growing problem.

“Today, with the launch of this registry, we take a significant step in managing direct access marketing, and significantly curb spam calling and messaging.

“Section 14 of our Constitution guarantees everyone the right to privacy. A person’s phone number, email address and time are not raw material to be harvested and traded without their consent.

“The right to refuse direct marketing is not new. Section 11(3) of the Consumer Protection Act gives every consumer the right to preemptively block unwanted direct marketing,” the Minister said.

Tau said the launch gives every South African access to a single, free, government-administered way to opt out of direct marketing.

“Once you have registered a block, direct marketers must remove you from their lists. Your registration applies, regardless of consent you may have given in the past, including consent buried in the fine print of a contract you signed years ago.

“If a marketer keeps contacting you, report it to the National Consumer Commission. Every complaint helps us enforce the law.” 

Tau said that every direct marketer must register with the registry and renew the registration annually. “An unregistered marketer may not contact any consumer for direct marketing.” 

Promoting responsible direct marketing

NCC Acting Commissioner Hardin Ratshisusu described the launch as a major milestone for consumers, who have long been inundated with unwanted direct marketing.

“The National Opt-Out Registry will promote responsible direct marketing, ensuring consumers are protected from unwanted direct marketing through spam calls, texts, e-mails and other electronic communication,” Ratshisusu said.

The NCC held a webinar on 24 July 2026, attended by more than 400 direct marketers.

“We took most of the recommendations into consideration, including the roll-out of the system,” Ratshisusu said.

According to Ratshisusu, South Africa joins a growing number of jurisdictions that have adopted national opt-out or ‘do-not-call’ registries to protect consumers from unwanted telemarketing.

According to Truecaller’s 2026 South Africa Spam Report, South Africans received 17.47 billion spam calls between January and June 2026, up 25.2% from the same period in 2025.

Spam SMSes rose by 58.9% to 3.71 billion, underscoring the scale of the problem the registry is intended to address.

Under the system, direct marketers must register and cleanse their lists each month before conducting any direct marketing campaign.

This will help ensure that consumers who have blocked a direct marketer do not receive unwanted communications from that marketer.

To exercise their rights under Section 11 of the CPA, consumers must register and preemptively block direct marketers.

The registry will be introduced in phases to allow both direct marketers and consumers to register on the system.

The NCC will roll out the system in the following phases:

  • Phase 1 – Registration: The system opened for direct marketers to register on 15 September 2026, and registration wcill continue until December 2026. A direct marketer that fails to register during this period may thereafter be in contravention of Section 11 of the CPA, read with the Consumer Protection Act Amendment Regulations, 2026.
  • Phase 2 – List cleansing: From December 2026 to April 2027, the NCC will allow direct marketers to cleanse their marketing lists at no cost. This five-month period will help them understand the process and make the necessary preparations to interface with the system.

Once these phases are complete, consumers will be able to register with the Opt-Out Registry from May 2027 and preemptively block unwanted direct marketing.

The NCC has urged consumers and direct marketers to register with the Opt-Out Registry.

The NCC will run a sustained consumer education programme and publish further guidance for consumers and direct marketers. – SAnews.gov.za

Edwin

48

Posted on

President Ramaphosa hails FuturePHARMA as a game changer

Source: Government of South Africa

President Ramaphosa hails FuturePHARMA as a game changer

President Cyril Ramaphosa has described the newly launched CSIR FuturePHARMA facility as a “game changing facility” that will strengthen South Africa’s ability to develop vaccines and medicines locally and prepare for future pandemics. 

Speaking to media following the launch of the facility at the Council of Scientific and Industrial Research (CSIR) campus in Tshwane on Wednesday, President Ramaphosa said the COVID-19 pandemic had demonstrated the importance of developing domestic pharmaceutical capabilities and reducing reliance on products developed outside the country.

He said FuturePHARMA would give South Africa the capacity to conduct research and develop the products needed to respond rapidly to future health emergencies.

READ | President launches FuturePHARMA facility to strengthen SA’s health sovereignty

“This is a game changing facility. It’s going to enable us to be pandemic-ready whenever there are pandemics of any type, will be able to have a facility that is ready for the immediate research and development of all the capabilities that we will need to develop vaccines,” the President said. 

President Ramaphosa said the country has drawn important lessons from the COVID-19 pandemic, particularly around the importance of health sovereignty.

“We have learned a lot of lessons out of COVID-19. We learnt that we needed to have our own health sovereignty and that means we should not be relying on outside products.”

He said the new capability would allow South Africa to develop pharmaceutical products domestically, rather than depend on external sources.

President Ramaphosa reflected on the experience during the COVID-19 pandemic, when South African scientists were involved in vaccine development but the country’s ability to benefit fully from that scientific capability was constrained by existing contractual arrangements.

“We were developing vaccines, as I said, but they were being courted out of our country because they had contracts with the capabilities that we had here,” the President said.

He said FuturePHARMA would help to change that position by establishing a local platform capable of supporting pharmaceutical development.

The President also highlighted the leadership and scientific expertise already present in South Africa’s research and innovation ecosystem.

“Now we are going to have our own capability to be able to develop vaccines. [Health Minister] Dr Aaron Motsoaledi will lead the medicines development process, while [Science, Technology and Innovation Minister] Dr Blade Nzimande will lead the research, innovation and technological development. At the leadership level, we have the capabilities, and we have the scientists, researchers and innovators,” the President said.

FuturePHARMA is intended to bring these capabilities together with specialised infrastructure that can support pharmaceutical process development, scale-up technology transfer, and progression towards clinical and commercial pathways.

Opening the facility to entrepreneurs and industry

President Ramaphosa said the facility’s significance extends beyond government and the public research system, as FuturePHARMA will be open to private sector companies and entrepreneurs seeking to develop health products.

The open-access model is intended to allow innovators and businesses to make use of specialised infrastructure and expertise that may otherwise be too costly to establish independently.

For the President, this approach can help to strengthen the country’s pharmaceutical industry, while creating opportunities for South African innovation to move from research into products and commercial applications.

“That’s why I say this is a game changing facility for our country,” he said.

The ambition, President Ramaphosa, is not only to strengthen South Africa’s capabilities but to make them available to the rest of the continent.

“It puts us nearly on par with more developed economies and that’s where we are headed. However, we also make it available for Africa, our beloved continent,” he said. – SAnews.gov.za

DikelediM

3

Posted on

Governo e Banco Mundial avaliam desempenho de carteira de US$ 308,39 milhões em Cabo Verde

Source: Africa Press Organisation – Portuguese –

O Governo de Cabo Verde e o Banco Mundial iniciaram, esta quarta-feira, 7 de outubro, o Encontro de Revisão do Desempenho da Carteira (CPPR) dos projetos financiados pelo Grupo Banco Mundial no país. O exercício, que decorre até quinta-feira, 8 de outubro, está centrado na análise da execução dos projetos, na identificação dos principais constrangimentos e na definição de medidas para acelerar a implementação das ações previstas.

A sessão de abertura foi presidida pelo Ministro da Coordenação de Projetos Especiais e Acesso a Fundos, José Carlos Varela, acompanhado pelo Ministro da Reforma do Estado, Poder Local e Descentralização, José Casemiro de Pina, e pela Representante do Banco Mundial em Cabo Verde, Indira Campos.

Na sua intervenção, José Carlos Varela destacou que o CPPR é um exercício liderado pelo Governo e realizado em conjunto com o Banco Mundial, constituindo uma oportunidade para avaliar, de forma aberta e objetiva, o desempenho da carteira.

“Não é um ato de mera formalidade. É o momento em que, uma vez por ano, nos sentamos à mesa para olhar com franqueza para o que está a correr bem, para o que está atrasado e para o que precisa de ser corrigido”, afirmou o Ministro.

O governante reconheceu os progressos alcançados, mas sublinhou a necessidade de identificar, com clareza, os desafios que ainda condicionam a execução dos projetos. Salientou, neste contexto, que o desempenho da carteira constitui um dos critérios considerados na alocação de recursos da Associação Internacional de Desenvolvimento (IDA) e que, ao nível de cada projeto, influencia a elegibilidade para financiamento adicional.

“Executar bem e a tempo é, pois, condição para mobilizarmos mais recursos para o país”, reforçou.

Durante os dois dias do encontro, os projetos serão analisados individualmente, com apresentação do respetivo estado de execução, dos principais constrangimentos e das medidas propostas para a sua superação. O programa contempla igualmente sessões específicas sobre aquisições, gestão financeira e salvaguardas.

O Ministro apelou a uma abordagem orientada para três aspetos fundamentais: clareza na identificação dos constrangimentos, objetividade na definição das soluções e compromisso na implementação das ações acordadas. Defendeu, em particular, que cada ação definida deverá ter um responsável e um prazo, de modo a assegurar o acompanhamento efetivo das decisões tomadas.

Por sua vez, Indira Campos considerou o CPPR uma oportunidade para reforçar uma parceria assente num propósito partilhado e no compromisso comum de transformar os recursos mobilizados em resultados concretos para o país.

Indira Campos considerou igualmente que a realização do CPPR demonstra a apropriação do processo pelo Governo e permite analisar, num mesmo espaço, as prioridades e os desafios associados à implementação dos investimentos.

“Um diá. franco e próximo é o que permite às parcerias produzir melhores resultados”, sublinhou.

Atualmente, o Banco Mundial mantém em Cabo Verde um portfólio ativo de US$ 308,39 milhões, distribuído por nove áreas, abrangendo setores estratégicos para o desenvolvimento do país, nomeadamente transportes, infraestruturas urbanas, energias renováveis, capital humano, conectividade digital, estatística, turismo e gestão de riscos de desastres.

Ao longo do encontro, os gestores dos projetos apresentam os principais resultados alcançados, os pontos que requerem maior atenção e as ações propostas para ultrapassar os desafios identificados.

O CPPR representa, assim, um momento de avaliação conjunta entre o Governo e o Banco Mundial, orientado para o reforço da execução dos projetos e para a definição de medidas concretas que permitam acelerar a implementação e maximizar o impacto dos investimentos em benefício do desenvolvimento de Cabo Verde.

Distribuído pelo Grupo APO para Governo de Cabo Verde.

Media files

Baixar .tipo

Posted on

Cabo Verde: PR interina promulga novo diploma do Governo

Source: Africa Press Organisation – Portuguese –

Baixar .tipo

A Presidente da República interina, Janira Hopffer Almada, promulgou, ao início desta tarde, o Decreto-Lei que estabelece a estrutura, a organização e as normas de funcionamento do Ministério da Reforma do Estado, Poder Local e Descentralização.

De referir que o diploma é proveniente do Governo.

Distribuído pelo Grupo APO para Presidência da República de Cabo Verde.

Posted on

President Boakai Returns Home Following High-Level United Nations (UN), Diaspora Engagements

Source: Africa Press Organisation – Portuguese –

The President’s return marks the conclusion of a mission focused on advancing Liberia’s national interests, strengthening international partnerships, and deepening the participation of Liberians abroad in the country’s development.

During his participation in the United Nations General Assembly in New York, President Boakai engaged world leaders, development partners, and international institutions on issues of peace and security, economic development, investment, climate action, and Liberia’s role in the international community.

Liberia is currently serving as a non-permanent member of the United Nations Security Council for the 2026–2027 term, providing the country an opportunity to contribute to global discussions on peace, security, and international cooperation. (Executive Mansion⁠)

The Liberian Leader subsequently participated in the 2nd Annual Liberia Diaspora Conference in Alexandria, Virginia, held under the theme, “From Dialogue to Delivery: Mobilizing the Global Liberian Diaspora for National Transformation.”

At the Conference, President Boakai challenged Liberians abroad to move beyond discussions and translate their skills, resources, investments, professional networks, and expertise into practical contributions to national development.

He outlined five areas for stronger Diaspora engagement, including better coordination, connecting professional skills to national needs, converting capital into productive investments, creating opportunities for young Liberians abroad, and establishing measurable outcomes for conference recommendations.

The President also held a Presidential Town Hall with members of the Liberian community in the Washington, D.C., Maryland, and Virginia area, where he provided an update on his Administration’s progress and responded to questions from Liberians on the country’s development priorities.

At the Town Hall, President Boakai emphasized that the Diaspora is an integral part of Liberia’s development story and called for a sustained partnership between Liberians at home and abroad.

He highlighted progress in several areas, including economic growth, domestic revenue mobilization, infrastructure, energy, education, health, agriculture, digital transformation, sanitation, and governance.

The President noted that domestic revenue collections surpassed US$1 billion in September 2026, while stressing that increased national resources must translate into better public services, infrastructure, and economic opportunities for Liberians.

President Boakai also used the engagements to strengthen Liberia’s international partnerships and promote the country as a destination for investment, skills transfer, innovation, tourism, and development cooperation.

The Liberian Chief Executive has repeatedly emphasized that Liberia’s development requires the participation of all sectors of society, including Government, the private sector, civil society, development partners, and Liberians in the Diaspora.

Ahead of his arrival in New York for the United Nations Assembly, the Liberian Leader was in Washington DC where he held discussions with a select number of congressional and White House personalities.

Some of the key personalities met by the President and entourage were renowned clergywoman Dr. Paula White-Cain, Senior Adviser to United States President Donald Trump’s White House Faith Office, Congressman Gregory W. Meeks, United States Representative for New York’s Fifth Congressional District and Ranking Member of the House Foreign Affairs Committee, and United States Senator Angela D. Alsobrooks of the State of Maryland, in the United States.

As he returns home, President Boakai is expected to resume his official duties and continue advancing the Government’s ARREST Agenda for Inclusive Development (AAID), with emphasis on implementation, accountability, and delivering tangible improvements in the lives of Liberians.

The Executive Mansion says the President’s international and Diaspora engagements form part of the Administration’s broader effort to position Liberia for stronger partnerships, increased investment, and inclusive national transformation

Distribuído pelo Grupo APO para Government of Liberia.

Media files

Baixar .tipo

Posted on

South Africa: President Ramaphosa meets President Salva Kiir of South Sudan

Source: APO – Report:

.

President Cyril Ramaphosa has this afternoon met with His Excellency Salva Kiir Mayardit, President of the Republic of South Sudan, in Pretoria, South Africa.

President Salva Kiir Mayardit is in South Africa on a working visit.

During their discussions, President Ramaphosa emphasised the importance of full adherence to the Revitalised Agreement on the Resolution of the Conflict in the Republic of South Sudan (R ARCSS), as a means to advance the peace process and consolidate progress towards lasting peace and stability in South Sudan.

President Ramaphosa underscored the need for an inclusive electoral process predicated on mutual trust and cooperation among South Sudanese stakeholders to address outstanding challenges and create an enabling environment for the effective implementation of the peace agreement, especially towards the lead up the December elections.

The meeting reaffirmed the significance of sustained regional engagement and collaboration in support of peace, stability and political progress in South Sudan, including electoral capacity support from the C5 countries. 

– on behalf of The Presidency of the Republic of South Africa.

Posted on

United States (U.S.) Celebrates Key Construction Milestone at New Consulate Compound in Eko Atlantic City

Source: APO – Report:

The U.S. Consulate General in Lagos on October 6 celebrated a key milestone in the construction of the New Consulate Compound at Eko Atlantic City with a Topping Off Ceremony that marked the completion of the highest structural point of the building.  The New Consulate Compound stands as a tangible expression of the importance the United States places on its relationship with Nigeria.  This building is also making a significant contribution by infusing over $95 million into the local economy through employees, subcontractors, and suppliers across Lagos State and Nigeria. Through this project, more than 1,500 Nigerian workers have received training to the highest construction standards in the world, strengthening their competitiveness in the local labor market long after the construction is complete.  The project is currently being led by 120 Nigerian engineers, architects, and administrators, working alongside 43 American construction professionals.

Speaking at the ceremony, U.S. Deputy Assistant Secretary of State for West Africa and for Public Diplomacy Richard Michaels remarked that the vision for the New Consulate Compound is to create a facility honoring the vibrant U.S.-Nigeria relationship.  “This New Consulate Compound reflects cutting-edge construction and engineering techniques, built to the highest U.S. standards for design and construction, and standing as a lasting symbol of what our two nations can achieve together,” Deputy Assistant Secretary Michaels said.  “This new compound demonstrates that America is investing in the future.  And with commerce at the heart of our priorities, no place in Africa is better positioned than Nigeria, with Lagos as its economic hub, to drive shared prosperity on both sides of the Atlantic,” he further noted.

In addition to Deputy Assistant Secretary Michaels, U.S. Consul General Brandon Hudspeth also welcomed Lagos State Governor Babajide Sanwo-Olu, senior Government of Nigeria officials, members of the diplomatic corps, business leaders, representatives of U.S. companies, and Nigerian alumni of U.S. government exchange programs for the ceremonial pouring of the final bucket of structural concrete onto the roof of the 10-story Chancery building.

“That is what we are building here at Eko Atlantic City. Not just a building, but the foundation for the next chapter of our partnership,” Consul General Hudspeth added.

The Topping Off ceremony is a time-honored tradition in construction, symbolizing the completion of a building’s core structure.  This milestone recognizes four years of dedicated work and collaboration in completing the main structure of the New Consulate Compound and brings it one step closer to opening the state-of-the-art diplomatic facility.

Built on a 12.2-acre (4.94 hectares) site in the rapidly developing Eko Atlantic City, the new campus will also include a Chancery, multipurpose rooms for public events, and a brand-new American Center that will serve as a programming venue for showcasing the best of America and sharing our culture with Nigeria.  The New Consulate Compound is designed by Ennead Architects, a New York-based architecture firm, and constructed by Pernix International, an Illinois-based company.

– on behalf of U.S. Embassy and Consulate in Nigeria.

Media files

.

Posted on

Carrefour des opportunites professionnelles : Plus de 3 700 beneficiaires de la commune d’abobo mis en activite

Source: Africa Press Organisation – French

Au total 3704 jeunes de la commune d’Abobo, bénéficiaires du programme « Carrefour des Opportunités professionnelles » vont commencer leurs différentes activités.
Des chèques ont été remis à des bénéficiaires au cours de la cérémonie présidée par le Vice-Premier Ministre, ministre de la Défense, Téné Birahima Ouattara, le 07 octobre 2026 à Abobo.

Téné Birahima Ouattara a rappelé que la cérémonie avait pour objet d’ouvrir de nouvelles perspectives à la jeunesse. Les résultats, a-t-il affirmé, sont bien là : tangibles, perceptibles, et conformes aux engagements qui avaient été pris.

Pour lui, l’effort doit être poursuivi et amplifié, de sorte que chaque jeune trouve sa place dans la société et puisse construire son avenir. Il a souligné une évidence partagée par tous : derrière chaque jeune à la recherche d’un emploi, c’est toute une famille qui attend.

L’État, a-t-il expliqué, peut ouvrir une porte, mais c’est aux jeunes qu’il revient de la franchir. L’État peut faire naître une opportunité, mais c’est à eux de s’en emparer. Il les a donc invités à tirer profit des opportunités qui leur sont proposées, à se former, à oser se lancer dans l’entrepreneuriat et à ne jamais abandonner dès les premiers obstacles.

Pour sa part, le ministre de la Promotion de la Jeunesse, de l’Insertion professionnelle et du Service civique, Mamadou Touré, a révélé que ses services ont prévu plus de 1, 2 milliard CFA de projets destinés à un peu plus de 3 500 jeunes. « Je suis heureux de venir présenter les jeunes, parmi les 12 000, qui ont pu bénéficier de l’ensemble des projets d’insertion. Ils sont au total 3 704, qui vont démarrer leurs différentes activités », a déclaré le ministre Mamadou Touré.

Et d’ajouter que près de 500 jeunes mobilisés dans le cadre des TIMO vont recevoir du matériel et sont opérationnels. Ces jeunes seront rémunérés au SMIC pendant six mois, au terme desquels ils bénéficieront d’un financement pour mener des activités génératrices de revenus.  De plus, près de 2 000 jeunes ont, par ailleurs, bénéficié de permis de conduire pour accéder à des opportunités d’emploi.

Distribué par APO Group pour Portail Officiel du Gouvernement de Côte d’Ivoire.

Media files

Posted on

Egypt: President El-Sisi Participates in Roundtable Meeting with Korean Chief Executive Officers (CEOs) and Business Community

Source: APO – Report:

.

Today in the Korean capital Seoul, President Abdel Fattah El-Sisi participated in a roundtable meeting with the Chief Executive Officers of major companies and representatives of the business community in the Republic of Korea. The meeting was held on the sidelines of the President’s state visit to the Republic of Korea.

Spokesman for the Presidency Ambassador Mohamed El-Shennawy said twenty-three leading Korean companies took part in the meeting, during which President El-Sisi lauded the firm economic and investment partnership between the Arab Republic of Egypt and the Republic of Korea. The President affirmed Egypt’s commitment to further advancing collaboration with the Korean side to elevate cooperation to higher and more ambitious prospects.

Addressing the meeting, the President expressed his appreciation for the outstanding role played by Korean companies as trusted partners in supporting Egypt’s comprehensive development efforts.
President El-Sisi underscored the robust Egyptian political will to foster closer cooperation with the Republic of Korea and expand its prospects, particularly in the economic, investment, manufacturing, and technology fields.

President El-Sisi reviewed the measures undertaken by the Egyptian State in recent years to reform the economy, improve the investment climate, and create a conducive business environment. These efforts included implementing a comprehensive program of structural and economic reforms, encompassing the exchange rate liberalization, the modernization of legislative and regulatory frameworks governing investment, and the expansion of the private sector’s role as a principal partner in the development process. The President noted that the positive outcomes of these measures have been reflected in economic indicators and assessments by international institutions, thereby reinforcing confidence in the Egyptian economy and its capacity to attract more investment.

President El-Sisi highlighted the comprehensive package of investment incentives and facilities provided by the Egyptian State. These include streamlining procedures through the single-window system and providing industrial land at competitive rates and with state-of-the-art infrastructure built to the highest standards. This is in addition to maintaining Egypt’s steadfast commitment to offering full guarantees to safeguard investments and ensure the unrestricted repatriation of profits. Moreover, the State is implementing specialized programs to train and qualify the Egyptian workforce to meet the demands of modern enterprises. President El-Sisi also emphasized Egypt’s keenness on facilitating competitive financing to support partnerships and remove potential obstacles facing investors, including provisions for bringing in the expert technical personnel required for project implementation in Egypt.

The President also asserted that Egypt seeks to strengthen cooperation with the Republic of Korea across several strategically prioritized projects. President El-Sisi renewed the invitation to establish a fully integrated Korean Industrial Zone within the Suez Canal Economic Zone (SCZONE). The President affirmed that such a zone could serve as a regional production and export hub for Korean corporations, noting that this strategic hub would not only meet the demands of Egypt’s expansive domestic market but also offer access to regional and global markets, leveraging the extensive network of free trade agreements connecting Egypt with Africa, the European Union, and the Arab nation states.

President El-Sisi also noted that Egypt’s vision for partnership with the Republic of Korea extends beyond the concept of traditional trade exchange to encompass the localization of industry, technology transfer, capacity building, and fostering of innovation.
The President emphasized Egypt’s welcoming of industrial and investment partnerships based on joint manufacturing in vital sectors, including shipbuilding, automotive manufacturing, electronics, petrochemicals, and pharmaceuticals, as well as advanced technology, digital transformation, artificial intelligence, and data centers. This is in addition to promising opportunities for cooperation in agriculture, food processing, aquaculture, textiles, and tourism, particularly in new development projects extending along the Red Sea and Mediterranean coasts.

President El-Sisi also underscored the importance of Korean companies considering the expansion of their investments in the oil, gas, and mining sectors, as well as leveraging opportunities available in new, renewable, and clean energy projects, including solar power, wind energy, green hydrogen, smart grids, and energy-storage technologies.

The President further highlighted the significant potential for partnerships between Egyptian and Korean companies to implement joint construction, building, and infrastructure projects in Arab and African countries. The President also stressed the importance of activating the role of the Egyptian-Korean Business Council, working toward the regular holding of a joint economic forum, and developing specific action plans to ensure that the available opportunities are translated into tangible projects on the ground.

The event also featured an interactive dialogue with the Korean business community, during which participants explored opportunities for establishing strategic and sustainable partnerships between Egypt and the Republic of Korea. The participants expressed their appreciation for the President’s remarks, praising the measures taken by the Egyptian state over the past several years to facilitate the implementation of trade and investment partnerships and improve the business climate. They emphasized the need to continue working toward developing joint initiatives that serve the interests of both sides, capitalizing on the promising opportunities for Egyptian-Korean cooperation across various fields.

They also expressed the Korean companies’ interest in operating in Egypt, given its strategic geographic location, attractive investment environment, and status as a gateway to Africa and the broader region.

President El-Sisi reiterated the state’s commitment to providing all necessary facilities to investors, particularly Korean investors, and called on them to take advantage of the facilities offered by Egypt. The President described investment in Egypt as a valuable opportunity given the country’s stability, and invited Korean companies to visit Egypt to explore investment opportunities, learn about the facilities provided by the state, and identify potential partnerships.

– on behalf of Presidency of the Arab Republic of Egypt.