Egyptian President Abdel Fattah el-Sisi has stated that Egypt believes in the renaissance and stability of Africa as a fundamental right for the continent's people. He made these remarks during his address at the Africa El-Salamain Business Forum in the New El-Salamain City. The forum brings together African leaders, officials, business representatives, and economic and financial institutions to discuss ways to promote development and economic integration across the continent.
President Sisi highlighted the importance of collective efforts to support African countries in addressing challenges and achieving development. He noted that the Africa El-Salamain Business Forum provides a continental platform to implement the Africa 2063 agenda, which aims to drive development and economic integration among African nations. The President emphasized the need for enhanced African cooperation and a conducive environment to foster development and investment.
The Egyptian President underscored the crucial role of the African private sector in driving the continent's economies. He stressed that the private sector is the primary engine for economic growth, investment, job creation, and development. President Sisi also pointed out that economic development is closely linked to security and stability, emphasizing that development cannot be achieved in unstable countries.
President Sisi reflected on the historical significance of El-Salamain City, which has witnessed pivotal moments in the past. He noted that the city is currently hosting international and continental events, demonstrating Egypt's growing role in promoting African cooperation. The forum is part of a series of African events being held in the New El-Salamain City, coinciding with the African Union's summit of founding members of the African Union Development Agency (AUDA-NEPAD).
The President emphasized that achieving economic development requires supporting countries' capacities to build resilience and create a better future for their citizens. He reiterated Egypt's commitment to supporting African nations in their development endeavors. The Africa El-Salamain Business Forum has drawn significant participation from African leaders, officials, and business representatives.
President Sisi's address at the forum was part of Egypt's ongoing efforts to strengthen African cooperation and promote economic development. The Egyptian government has been actively engaged in initiatives aimed at fostering economic growth and stability across the continent. The President's remarks underscored Egypt's commitment to supporting Africa's development agenda.
The Africa El-Salamain Business Forum concluded with a renewed emphasis on the importance of collective efforts to drive Africa's development and economic growth. The forum provided a platform for participants to discuss ways to promote economic integration, investment, and job creation across the continent. Key stakeholders have expressed their commitment to working together to achieve Africa's development goals.
Key points
- Egypt's President Abdel Fattah el-Sisi emphasizes the importance of the African private sector in driving the continent's economies.
- The Africa El-Salamain Business Forum provides a platform for African leaders and stakeholders to discuss ways to promote economic development and integration.
- President Sisi stresses the link between economic development and security, emphasizing that development cannot be achieved in unstable countries.