Egyptian President Abdel Fattah El-Sisi is set to inaugurate the El Alamein-Africa Business Forum in New El Alamein City on Saturday. The forum will witness the participation of African leaders and officials, as well as representatives of the business community and international economic institutions. The event aims to foster economic cooperation and development in Africa.
According to a statement by Egyptian Presidential Spokesperson Ambassador Mohamed El-Shanawey, President El-Sisi will chair the meeting of the founding states of the African Union Development Agency (AUDA-NEPAD). The meeting will be co-chaired with Angolan President, who is also the chair of the agency's steering committee. The participants will include heads and representatives of the agency's founding states, as well as the current chair of the African Union and representatives of the African Union Commission.
The El Alamein-Africa Business Forum is expected to bring together African leaders, businessmen, and officials to discuss ways to promote economic growth and development in Africa. The forum will provide a platform for participants to share experiences, expertise, and innovative ideas to address the continent's development challenges. Egypt is hosting the event to promote African economic integration and cooperation.
On Sunday, President El-Sisi will participate in the eighth mid-year coordination meeting of the African Union, which will be held in New El Alamein City. The meeting will bring together African leaders and heads of regional economic communities to discuss the continent's development agenda. President El-Sisi will deliver the opening and closing remarks of the meeting as the host country's leader.
During the two-day event, President El-Sisi will hold several bilateral and multilateral meetings with African leaders and officials to discuss ways to enhance African cooperation and promote development and integration on the continent. The meetings will focus on strengthening economic ties, promoting trade, and addressing common challenges facing African countries.
The African Union Development Agency (AUDA-NEPAD) plays a crucial role in promoting economic development and integration in Africa. The agency works to mobilize resources and coordinate development efforts among African countries. Egypt, as one of the founding states, is committed to supporting the agency's efforts to promote African development.
The El Alamein-Africa Business Forum is a significant event that demonstrates Egypt's commitment to promoting African economic cooperation and development. The forum is expected to yield concrete outcomes and recommendations to support Africa's development agenda. The event will contribute to strengthening Egypt's relations with African countries and promoting economic cooperation and integration on the continent.
Key points
- Egyptian President Abdel Fattah El-Sisi to open El Alamein-Africa Business Forum in New El Alamein City
- President El-Sisi to chair meeting of founding states of African Union Development Agency (AUDA-NEPAD)
- Egypt hosts event to promote African economic integration and cooperation
