AOI head: We harness all potential to serve African continent

Head of the Arab Organization for Industrialization (AOI) Abdel Moneim al Taras on Thursday asserted the importance of cementing cooperation among African states.

This comes as part of President Abdel Fattah El Sisi's directives to open up new horizons of cooperation and integration with African countries to achieve the aspirations of African peoples, he said.

In a meeting with 40 African ambassadors and diplomats in Cairo, al Taras said that the AOI harnesses all its technical and technological potentials to serve the African continent.

The meeting comes as Cairo presides over the African Union for 2019, in addition to hosting the 2019 new expanded 24-team Africa Cup of Nations and organizing the Arab African Youth Forum in Aswan, which was named as the capital of Africa's culture.

During the meeting, al Taras said that the AOI looks forward to strengthening constructive cooperation with African states in the fields of manufacturing, trade exchange, in addition to the exchange of expertise, training, maintenance and qualifying young cadres.

Also, he said that Egypt's hosting of Africa Investment Forum for the third year in a row in 2018 is strong evidence of its commitment to enhancing teamwork among African countries to bring about sustainable development, increase economic growth rates and lure further investments.

For his part, Cameron's Ambassador in Cairo Mohamadou Labarang expressed his appreciation of Cairo's leading role in the African continent, saying the meeting gives a strong impetus for supporting Egyptian-African cooperation.

At the end of the meeting, the African delegation inspected a number of production lines and manufacturing capabilities at the AOI's electronics factory and the Arab American Vehicles company.