Egyptian-Kenyan Business Council to boost trade by USD 600 mn

Egypt’s business councils eye strategies to boost trade in Africa: The Egyptian-Kenyan Business Council has approved forming six subcommittees to implement a strategy to increase trade between the two countries from USD 400 mn to USD 1 bn, Al Borsa reported. The subcommittees included the energy, engineering, petrochemicals, agriculture, food, animal resources, textiles, building materials, and med industries. Meanwhile, the Lebanese-Egyptian association, the Federation of Egyptian Chambers of Commerce, and the Federation of Egyptian Industries are looking to continue expanding Egypt’s trade dealings in Africa by sending a trade delegation to the Ivory Coast and Senegal in April, Ahram Gate reports.