Egyptian Foreign Minister Dr. Badr Abdelatty has emphasized that the El Alamein-Africa Business Forum represents a new platform for African economic dialogue. The forum, which kicked off in the city of El Alamein, aims to bring together governments, continental institutions, business communities, and private sectors to foster economic integration and development in Africa. Abdelatty noted that this integration cannot be achieved solely through decisions, but through partnerships that translate into real investments, projects, and opportunities.
The forum was inaugurated in the presence of Egyptian President Abdel Fattah El-Sisi, with Abdelatty welcoming participants and expressing his appreciation for their involvement. He highlighted that the forum's establishment is a follow-up to the African Union's decision 973, issued in February 2026, to hold this event biennially in El Alamein, in collaboration with the African Union Commission, the African Union Development Agency (NEPAD), and the African Import-Export Bank.
Abdelatty stressed that the private sector is a key driver of growth and job creation in Africa, and a crucial partner in promoting trade, investment, and building value chains. He noted that the sector's involvement is essential for enhancing the competitiveness of African economies. The minister's remarks underscored the importance of collaboration between governments, businesses, and financial institutions in achieving sustainable economic development in Africa.
The El Alamein-Africa Business Forum is seen as a significant step towards achieving the African Union's economic integration goals. By providing a platform for dialogue and partnership, the forum aims to unlock new opportunities for economic growth, investment, and job creation in Africa. The event has attracted a diverse range of participants, including government officials, business leaders, and representatives from financial institutions.
President El-Sisi's presence at the forum underscores Egypt's commitment to promoting economic integration and development in Africa. Egypt has been actively involved in various initiatives aimed at fostering economic cooperation and integration in Africa, and the El Alamein-Africa Business Forum is a key part of these efforts. The forum is expected to generate new ideas, partnerships, and opportunities for economic growth and development in Africa.
The African Union's decision to host the forum biennially in El Alamein reflects the continent's growing recognition of the importance of economic integration and cooperation. The forum is expected to become a key event in the African economic calendar, providing a platform for dialogue, partnership, and collaboration among governments, businesses, and financial institutions.
The El Alamein-Africa Business Forum has the potential to make a significant impact on Africa's economic development trajectory. By bringing together key stakeholders and promoting dialogue, partnership, and collaboration, the forum can help unlock new opportunities for economic growth, investment, and job creation in Africa. The event's success will depend on the active engagement of participants and the implementation of concrete actions and partnerships.
Key points
- The El Alamein-Africa Business Forum aims to promote economic integration and development in Africa by bringing together governments, businesses, and financial institutions.
- The private sector is seen as a key driver of growth and job creation in Africa, and a crucial partner in promoting trade, investment, and building value chains.
- The forum is expected to generate new ideas, partnerships, and opportunities for economic growth and development in Africa.
