Egyptian President Abdel Fattah el-Sisi officially opened the El Alamein-Africa Business Forum in the New El Alamein City on Saturday, October 3, 2026. The forum has attracted a significant number of African leaders and officials, as well as representatives from the business community and economic institutions across Africa and internationally. This event aims to foster economic cooperation and development in Africa.
The President also chaired the meeting of the founding states of the African Union Development Agency (AUDA-NEPAD), alongside the President of Angola, who is the chair of the steering committee of the agency. The meeting was attended by heads and representatives of the founding states, including Egypt, Algeria, Nigeria, Senegal, and South Africa. The President of Burundi, as the current chair of the African Union, and representatives of the African Union Commission and the Executive Director of AUDA-NEPAD were also in attendance.
The El Alamein-Africa Business Forum provides a platform for African leaders and business representatives to discuss and explore opportunities for economic growth and development on the continent. The forum is expected to facilitate dialogue and partnerships between governments, private sector entities, and international organizations. This initiative is part of Egypt's efforts to promote economic integration and cooperation within Africa.
During the forum, President el-Sisi emphasized the importance of strengthening economic ties between African countries and promoting a conducive business environment. He highlighted Egypt's commitment to supporting African development initiatives and fostering cooperation among African nations. The President also underscored the need for African countries to work together to address common challenges and seize opportunities for growth.
The African Union Development Agency (AUDA-NEPAD) plays a crucial role in promoting economic development and integration in Africa. The agency focuses on implementing development programs and projects that aim to reduce poverty, promote sustainable economic growth, and improve living standards across the continent. Egypt, as one of the founding states, has reaffirmed its commitment to supporting the agency's objectives.
The El Alamein-Africa Business Forum is part of Egypt's efforts to promote economic cooperation and development in Africa. The country has been actively engaged in various initiatives aimed at strengthening economic ties with African nations and promoting regional integration. This forum is expected to contribute to the ongoing efforts to promote economic growth and development in Africa.
The forum's discussions and outcomes are expected to have a positive impact on Africa's economic development trajectory. The event has brought together a diverse group of stakeholders, including policymakers, business leaders, and international organizations, to explore opportunities for cooperation and collaboration. The President's participation in the forum reflects Egypt's commitment to supporting African development initiatives and promoting regional economic integration.
Key points
- President Abdel Fattah el-Sisi opens the El Alamein-Africa Business Forum in New El Alamein City
- The forum aims to foster economic cooperation and development in Africa
- President el-Sisi chairs the meeting of the founding states of the African Union Development Agency (AUDA-NEPAD)
