Minister of Finance Ahmed Kouchouk reaffirmed Egypt's commitment to advancing a unified African position in global financial forums, emphasizing the importance of aligning behind the continent's priorities and strengthening cooperation between African governments and international development partners to support sustainable economic growth.

The remarks came during the Minister's meeting with Moussa Faki Mahamat, former Chairperson of the African Union Commission and Special Envoy for the 4P (Prosperity, People and Planet) Pact. The discussions focused on promoting African economic integration, mobilizing private capital, and expanding innovative financing solutions to support the continent's development agenda.

 

Kouchouk expressed his appreciation for the Special Envoy's efforts to advance Africa's collective agenda, stating that Egypt looks forward to his continued contribution to strengthening joint African action and accelerating economic integration through the mobilization of private capital.

 

The Minister reaffirmed Egypt's support for reforms aimed at enhancing debt sustainability and expanding development financing through innovative financing mechanisms, noting that these efforts are essential to meeting Africa's long-term development needs.

 

He also stressed the importance of strengthening cooperation between African governments and international development partners, while calling for the development of integrated African supply chains and a unified market for goods and services to enhance the continent's economic resilience, particularly amid ongoing global economic challenges.