Cairo is seeking a role for Egyptian companies in projects to be implemented under Angola’s Lobito Development Corridor, while also coordinating to convene the next edition of the Egyptian–Angolan Business Forum at the earliest opportunity.
The move came during a phone call on Saturday between Egypt’s Minister of Foreign Affairs, Badr Abdelatty, and his Angolan counterpart, Tete António, in which the two ministers discussed ways to support and strengthen bilateral relations and coordinate positions on issues of mutual interest.
Abdelatty praised the “growing momentum in Egyptian–Angolan relations and the shared commitment to enhancing political understanding and consultation to push these ties to broader horizons.”
He stressed the importance of building on the outcomes of the Joint Committee meeting held in Angola last December, in a way that advances bilateral relations across political, economic, and investment fields. He also reiterated Egypt’s interest in cooperation in regional connectivity and transport, infrastructure, renewable energy, and the pharmaceutical industry.
The Egyptian foreign minister visited Angola’s capital, Luanda, last December, where he inaugurated the Egyptian–Angolan Business Forum on the sidelines of the first session of the Joint Committee between the two countries.
At the time, he said the forum reflected the strength of relations between Egypt and Angola and the shared political will of both leaderships to elevate economic cooperation into a cornerstone of the bilateral partnership. He underscored the need to boost trade volumes and mutual investments and to capitalize on available potential and opportunities.
Trade between Egypt and Angola rose in 2024 to $34.2 million, up from $21.3 million in 2023, according to figures released by Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) in April 2025.
CAPMAS said in a report that Egyptian exports to Angola reached $34.1 million in 2024, compared with $21.3 million in 2023, while Egyptian imports from Angola amounted to $73,000 in 2024, up from $21,000 a year earlier.
Dr. Naglaa Marei, professor of political science and an expert on African affairs, stressed the importance of coordination between Egypt and Angola ahead of the upcoming African Union Summit, noting that the continent faces multiple challenges.
These include instability in the Horn of Africa and the Red Sea region against the backdrop of the Sudanese crisis, tensions between Ethiopia and Eritrea over access to the Red Sea, and the renewed violence and conflict in Ethiopia’s Tigray region.
Speaking to Asharq Al-Awsat, Marei said Egyptian–Angolan relations have recently seen numerous official visits and bilateral meetings, as well as the convening of the Joint Committee last December — developments that have contributed to advancing political, economic, and investment cooperation between the two countries.
