كتب : وكالات
Mohamed Hamdi hit the winner for Dyaa Al-Sayed's men five minutes past the hour mark after converting a one-on-one chance.
The young Pharaohs had lost to Cameroon on penalties in the semi finals to set up the third-place match with Mali.
Egypt are grouped with Brazil, Panama and Austria in Group E of the FIFA U-20 World Cup, which gets underway in Colombia on 29 July.