The first edition of the El Alamein-Africa Business Forum concluded with 11 agreements and memoranda of understanding, as well as a closing statement. The forum, which was attended by President Abdel Fattah el-Sisi, brought together African leaders, ministers, and businessmen to discuss economic cooperation and development in Africa. The event provided a platform for Egypt to promote its role in trade, investment, and industry, and to showcase its expertise in various sectors.
The forum saw the participation of various African countries, including the Republic of Congo, Angola, Ghana, Guinea, and South Africa. The Egyptian government highlighted its achievements in areas such as energy, healthcare, transportation, and communications, which are of great importance to African countries. The event also featured a number of bilateral meetings between Egyptian officials and their African counterparts.
One of the key outcomes of the forum was the signing of memoranda of understanding between Egyptian business associations and their African counterparts. These included agreements between the Egyptian Chamber of Commerce and its counterparts in Congo Brazzaville and Angola, as well as between the Egyptian Industries Federation and the Ghanaian Chamber of Industry and Commerce.
The forum also witnessed the signing of a memorandum of cooperation between the Arab Academy for Science, Technology and Maritime Transport and Senghor University. Additionally, a memorandum was signed between the Egyptian Drug Authority and the Chadian Ministry of Health and Prevention. These agreements aim to strengthen cooperation in areas such as education, healthcare, and industry.
On the sidelines of the forum, Prime Minister Mostafa Madbouly held talks with Tanzanian President's deputy, focusing on expanding cooperation in areas such as maritime transport, ports, logistics, agriculture, and healthcare. The two sides discussed ways to increase Egyptian participation in the development of Tanzania's ports and infrastructure.
The Egyptian government also discussed cooperation with the African Development Bank and the International Islamic Trade Finance Corporation to promote trade and investment in Africa. The forum provided a platform for Egyptian companies to explore new business opportunities in Africa and to promote Egyptian exports.
The El Alamein-Africa Business Forum is a significant initiative aimed at strengthening economic ties between Egypt and Africa. The event demonstrated Egypt's commitment to promoting economic cooperation and development in Africa, and provided a platform for African countries to engage with Egyptian businesses and government officials.
Key points
- The forum resulted in 11 agreements and memoranda of understanding, and a closing statement.
- The event was attended by African leaders, ministers, and businessmen.
- The forum aimed to promote economic cooperation and development in Africa.
