Dr. Yaser Shuweita, a member of the Egyptian Society for Political Economy, Statistics and Legislation, stated that Egypt hosting the Africa El-Salam forum is an important event that reflects its historical role and continued leadership in supporting African nations. He pointed out that the forum represents a comprehensive economic platform to discuss challenges facing intra-African trade and economic integration. The forum is being held in El-Salam, Egypt.
Shuweita mentioned that the main challenges include a financing crisis and difficulty obtaining affordable financing for large projects, in addition to regional conflicts that negatively impact the investment climate. He also noted the variation in financial and economic policies and systems between African countries. These issues hinder the achievement of sustainable development and economic integration in Africa.
The Africa El-Salam forum includes a large investment exhibition showcasing available opportunities in various production sectors and natural resources across the continent. This opens new horizons for the private sector and businessmen to build real economic partnerships. The forum aims to enhance cooperation and coordination among African countries to achieve sustainable development.
Shuweita highlighted that the forum seeks to establish institutional frameworks, in coordination with financial institutions such as the African Export-Import Bank and the African Development Bank. These frameworks will help unify financial policies and economic systems and provide innovative financing mechanisms that match the aspirations of the continent's people.
The forum is expected to bring together officials, experts, and businessmen from various African countries to discuss ways to enhance economic cooperation and integration. It will also provide a platform for dialogue and exchange of ideas on the challenges and opportunities facing African economies. Egypt's hosting of the forum demonstrates its commitment to supporting African nations.
The Africa El-Salam forum is a significant step towards achieving sustainable development in Africa. It reflects Egypt's role in promoting economic integration and cooperation among African countries. The forum's outcomes are expected to contribute to the development of effective strategies to address the challenges facing African economies.
The Egyptian Radio and Television Union is covering the forum through its various radio channels, including Voice of Arabs radio station. The coverage includes live broadcasts and interviews with participants and experts. The forum's discussions and outcomes will be widely disseminated to the public through various media channels.
Key points
- Egypt hosts the Africa El-Salam forum to promote economic integration and cooperation among African countries.
- The forum aims to address challenges facing intra-African trade and economic integration.
- The forum provides a platform for dialogue and exchange of ideas on the challenges and opportunities facing African economies.
