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Handicrafts and Tourism: Egypt Pledges Leather Training Institute

This is part of targeted investments and structural support promised by a high-level diplomatic mission from Cairo on September 9 2026, in a bid to scale Cameroon’s small businesses and revamp its tourism ecosystem.

T he bilateral audiences held in Yaounde last September 9, 2026, mark a concerted push to bridge Central and North African markets by focusing on high-growth, labour-inten­ sive sectors. Leading the Egyptian dele­ gation, H.E. Mohamed Ka­ rim Fouad Sharif, Assistant Minister for African Affairs, met first with the Minister of Small and Medium-Sized Enterprises, Social Economy and Handicrafts, Achille Bas­ silekin III. Discussions focused on tapping into Egypt’s FCFA 206.2 trillion (365 billion dol­ lars) economy, where Small and Medium Enterprise (SME) development is driven by the country’s 2030 SME Strategy to bolster Cameroon’s domestic enterprise sector. Key com­ mitments include establishing a permanent institutional dia­ logue framework, transferring technical know-how, securing international venture financing for digital start-ups, and revi­ ving a dedicated leather-sector training institute in Cameroon. Bilateral trade between the two nations currently sits near FCFA 35.32 billion (62.53 million dollars) annually, with Egyptian exports like cement dominating the flow according to the National Institute of Statistics. Both nations aim to address this asymmetry by facilitating direct access to new markets. Cameroonian companies have been formal­ ly invited to pitch for capital and commercial partnerships at the upcoming African Bu­ siness Forum in El Alamein, Egypt this October, following a joint Egyptian-Cameroonian Business Forum. Within the travel and hospita­ lity industry, the Minister of Tourism and Leisure, Gabriel Mbairobe r...

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