Egypt, Turkey compete for influence in Ghana
Egypt is seeking to bypass Turkey in Ghana by strengthening relations and cooperation agreements in several fields with the West African country.
Egypt seeks to extend its influence on the continent of Africa, notably in Ghana, as Egyptian President Abdel Fattah al-Sisi confirmed his country’s keenness to strengthen relations and cooperation with the West African country during a Jan. 5 meeting with Annan Kato, the special envoy of Ghana’s president.
Sisi also discussed during the meeting several issues of bilateral cooperation between Cairo and Accra in the fields of trade and investment.
Egypt and Ghana enjoy strong economic and trade relations. The latest statistics by the Egyptian Commercial Representation Office in Accra showed that the volume of trade exchange between the two countries jumped to $108.3 million in 2018, from $70.1 million in 2017, which is a 54.5% increase.
According to the State Information Service, Ghana is the fourth market in Africa to receive Egyptian exports after Kenya, Nigeria and Ethiopia.
