Investment minister witnesses signing of MoU between Mansour, China’s Tianneng to explore battery manufacturing
China flag waving against clean blue sky, close up, isolated with clipping path mask alpha channel transparency Minister of Investment and Foreign Trade Mohamed Farid witnessed on Wednesday, September 2, 2026, the signing of a Memorandum of Understanding (MoU) between Mansour Group and China’s Tianneng Battery Group Co Ltd to explore cooperation and investment opportunities in battery manufacturing and energy storage solutions in Egypt.
The MoU covers a study of opportunities to produce lead-acid batteries for automobiles, as well as lithium batteries for new energy vehicles, supporting Egypt’s drive to deepen local manufacturing, increase value-added production and strengthen export capacity.
The meeting concluded with an agreement to continue coordination between Mansour Group, Tianneng and relevant government agencies to complete studies on the project and determine its location and target product portfolio, paving the way for implementation and helping localize battery manufacturing and boost Chinese investment in Egypt.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
