Egypt’s Minister of Petroleum and Mineral Rescores, Tarek El Molla, met with Cameroon’s Minister of Mines, Industry, and Technological Development (MINMIDT), Ernest Gbwaboubou, and his accompanying delegation in the presence of the Ministry’s Undersecretary for Mineral Resources in Cairo.
The officials discussed supporting the bilateral relations between the two countries in the fields of oil and mining, in addition to exchanging experiences in exploring mineral resources, which opens promising prospects for partnership between both nations, Al Mal informed.
During the meeting, El Molla reviewed the current vision of developing mining activities in Egypt and modernizing mining laws and regulations. He also reviewed the Ministry’s plan to attract investment in the field of mineral exploitation to increase revenues and maximize the value added.
From his side, Gbwaboubou expressed his country’s keenness to support cooperation with Egypt in petroleum and mining, in addition to exploiting all opportunities of integration in the petroleum and mining industries, which will enhance the joint economic relations between Egypt and Cameroon and support benefiting from the Egyptian experience in exploiting the mineral resources.