By Lateef Taiwo
Katsina State government has explored investment opportunities with Egyptian businesses during the second B2B-Trade and Investment Forum in Cairo.
The trip to drive this economic development was sponsored by Katsina State Development Management Board, KDMB.
The state delegation, led by the Economic Adviser to the state government, Khalil Nur Khalil, alongside the Acting Rector of Katsina State Institute of Technology and Management, Dr Hindatu Abubakar, and Executive Director of Investment and Tourism, KTDMB, Hajiya Zuwaira Boyi, engaged in strategic discussions during the three-day forum with the theme: “Egypt-Nigeria Partnership: Unlocking Shared Prosperity Through Trade and Investment.’
Khalil explained that the delegation met with officials from the General Authority for Investment, GAFI, at the Ministry of Investment and Foreign Trade.
“With this, we aim to establish communication channels for investment and trade collaborations between Egypt and Katsina State,” he explained.
Khalil added that the initiative aims to create direct links between Egyptian businesses and their Katsina counterpart.
Also speaking, Dr Abubakar revealed that the team held meetings with Nassar Group, one of the Middle East and North Africa’s largest manufacturers of wire products and construction materials.
On the delegation’s visit to Silo Foods factory in El-Sadat City, the executive director of Investment and Tourism at KTDMB described the factory as the region’s first fully integrated food production facility.
“We had discussions centered on establishing supply chain partnerships with Katsina State becoming a major supplier of quality sesame seeds to the Egyptian food manufacturing giant,” she said.
Earlier, the economic adviser hinted that the partnership represents significant opportunities for Katsina State’s economic growth.
