Egypt’s Foreign Minister Meets African Development Bank Leaders at AU Summit

Egypt’s Minister of Foreign Affairs, International Cooperation, and Egyptians Abroad, Badr Abdelatty, held a series of high-level meetings with the heads of major African financial and development institutions on the sidelines of the African Union Summit, as part of Egypt’s efforts to strengthen continental coordination and economic integration.

The meetings brought together George Elombi, President of the African Export-Import Bank, Sidi Ould Tah, President of the African Development Bank, and Nardos Bekele, Chief Executive Officer of the AU Development Agency.

During the discussions, Abdelatty underscored Egypt’s strong commitment to advancing African integration and deepening cooperation with regional economic blocs, emphasizing the importance of collective African action in addressing development challenges across the continent.

He reaffirmed Egypt’s support for accelerating economic integration and implementing the goals of Agenda 2063, in partnership with Africa’s leading development institutions. The minister described Afreximbank, the African Development Bank, and AUDA-NEPAD as essential pillars for driving sustainable development and advancing Africa’s strategic priorities.

Abdelatty praised the pivotal role played by African financial institutions in boosting intra-African trade and supporting the implementation of the African Continental Free Trade Area. He stressed Egypt’s interest in expanding cooperation with these institutions in the coming period, diversifying partnerships to strengthen private sector participation, support Egyptian and African investors, and stimulate trade and investment flows across the continent.