Kenya, Egypt Hold Talks to Deepen Trade, Investment

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Kenya’s Prime Cabinet Secretary, Musalia Mudavadi has hosted the Egyptian Foreign Affairs Minister Badr Abdelatty in Nairobi, as both countries explore ways to deepen bilateral relations, trade, and investment opportunities.

Speaking on water scarcity, Mudavadi emphasized Kenya’s commitment to supporting Africa-led, dialogue-based approaches under the Nile Basin Initiative framework, highlighting the importance of cooperative solutions for sustainable water management in the region

Abdelatty said; “it was important to “promote solutions based on win-win situations” when it comes to issues related to water cooperation.”

The Nile Basin Initiative is an intergovernmental partnership grouping together 10 countries, including Kenya and Egypt.

It aims to achieve sustainable development through the equitable use of their common Nile Basin water resources.

They also stressed the importance of encouraging private-sector partnerships and diversifying trade products, as well as fast-tracking the establishment of a Joint Business Council to realise shared prosperity.

 

Africanews/Hauwa M

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