Egyptian President Abdel Fattah El-Sisi is set to chair the summit of founding states of the African Union's development agency, known as the African Union Development Agency (AUDA-NEPAD), on Friday in the New Alamein city. The summit will be co-chaired with Angolan President, who is also the chair of the agency's steering committee. The meeting will bring together heads of state and representatives from founding member states, including Egypt, Algeria, Nigeria, Senegal, and South Africa.
On the sidelines of the summit, President El-Sisi will also inaugurate the Alamein-African Business Forum, which will feature a wide participation from African leaders, business community representatives, and international economic institutions. The forum aims to promote economic integration and development across the continent. Egypt is hosting the event in New Alamein city, which is expected to attract high-level attendees.
According to a statement by Egyptian Presidential Spokesperson Mohamed El-Shinawy, President El-Sisi will also participate in the 8th African Union Mid-Year Coordination Meeting, scheduled for Sunday, October 4. The meeting will be attended by several African leaders and heads of regional economic communities. The President is expected to deliver the opening and closing speeches at the meeting.
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 efforts across the continent. These meetings are expected to focus on strengthening economic ties and fostering a more integrated African economy.
The African Union Development Agency (AUDA-NEPAD) is a key instrument for implementing the African Union's development agenda. The agency's main objective is to accelerate Africa's economic development and reduce poverty. Egypt, as one of the founding member states, is playing a significant role in promoting the agency's objectives.
The Egyptian President's participation in these events reflects the country's commitment to African cooperation and development. Egypt has been actively engaged in promoting African integration and has hosted several high-level meetings in recent years. The country is expected to continue playing a leading role in shaping Africa's economic agenda.
The meetings in New Alamein city are expected to conclude with a renewed commitment to African cooperation and development. The outcomes of the summit and the business forum are likely to have a significant impact on Africa's economic development and integration efforts. The events will also provide a platform for African leaders to discuss pressing regional and continental issues.
Key points
- Egypt's President Abdel Fattah El-Sisi to chair the African Union's development agency summit
- President El-Sisi to participate in the Alamein-African Business Forum
- Egypt to host the 8th African Union Mid-Year Coordination Meeting
