EDEX arms show allows Sisi to shine in Africa
EDEX 2021 provided Cairo an opportunity not only to flaunt its booming defence industry but also to bolster its diplomatic influence in Africa, starting with the Nile Basin.
On 25 October, the Egyptian prime minister Moustafa Madbouli along with six of his ministers will be in Paris to meet with French officials. The delegation will also attend a France-Egypt business summit organised by France's business lobby Medef and meet representatives of a dozen French companies.
After being prevented from competing for Egyptian arms contracts along with other French companies for the last two years, France's Naval Group is trying to get back into the Egyptian market. It is negotiating to sell Egypt a number of mine countermeasures vessels via a contract which will certainly involve offsets, which are the key to success on the Egyptian military equipment market.
France's defence ministry is hoping to introduce sweeping reforms of the laws governing French arms exports as part of a review of the new military spending law wanted by French President Emmanuel Macron. Despite being on the cards for years, these changes have never got past the legal hurdles their implementation involves.