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Egypt’s Sisi Meets Nigeria’s Dangote, Discusses Potential Investments in Egypt

Ahmed Emam
Last updated: October 3, 2026 2:14 pm
By Ahmed Emam 2 Min Read
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Egypt’s President Abdel Fattah Al-Sisi met with Nigeria’s Aliko Dangote, founder and chairman of Dangote Group, one of West Africa’s largest business conglomerates, on the sidelines of the Alamein-Africa Business Forum in New Alamein City.

The meeting was attended by Egyptian Prime Minister Mostafa Madbouly and Foreign Minister and Minister of International Cooperation and Egyptians Abroad Badr Abdelatty.

In a statement, Presidential spokesman Mohamed El-Shennawy said Al-Sisi welcomed Dangote’s visit to Egypt and participation in the forum, highlighting his contributions to economic development and industrialization across Africa.

The President also hailed Dangote Group’s regional and international expansion across sectors including cement, fertilizers, energy, and food industries, noting the company’s role in strengthening productive and industrial capacities in several African countries.

Al-Sisi highlighted Egypt’s appreciation for Dangote’s professional career and noted that he is an alumnus of Al-Azhar University, describing this as a reflection of the longstanding cultural and historical ties among African peoples.

The Egyptian President also affirmed the importance of strengthening the role of Africa’s private sector as a key partner in achieving sustainable development and advancing the implementation of the African Union’s Agenda 2063, the statement read.

The talks focused on potential cooperation between Dangote Group and the Egyptian government in energy, fertilizers, chemicals, and cement, with discussions highlighting Egypt’s economic capabilities and modern infrastructure, which position the country as a potential regional hub for energy and industrial activities.

On his part, Dangote expressed interest in securing Egyptian state support for the group to invest in Egypt. El-Sisi welcomed the prospect and said the state was ready to provide all necessary facilities to support such investments, presidential spokesman Mohamed El-Shennawy said.

The meeting comes as Egypt seeks to deepen economic engagement with African markets and encourage greater private-sector investment and industrial cooperation across the continent.

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