Somali President Hassan Sheikh Mahamud attended the Al-Calamayn-Africa Business Forum in Al-Calamayn, Egypt, where he delivered a speech highlighting global economic and political changes. He emphasized the importance of cooperation and economic integration in Africa. The President also presented the need for African countries to effectively utilize their resources, people's potential, and existing investment opportunities in African markets.
During his speech, President Hassan Sheikh described Somalia as not only a country recovering from conflicts but also one that is rebuilding and restructuring its economy. He expressed openness to business and investment, welcoming anyone willing to collaborate. The President invited African businessmen, companies, and international investors to participate in Somalia's investment opportunities.
President Hassan Sheikh stressed that productive investment is crucial for job creation, economic growth, and sustainable development. He emphasized that Africa's economic future depends on strong cooperation and investment, with countries working together to develop trade, economic infrastructure, financing, and market connectivity.
The Al-Calamayn-Africa Business Forum provides Somalia with an opportunity to showcase its economic and investment opportunities, as well as establish business relationships and partnerships with various participants. The forum brings together heads of state, ministers, leaders, investors, and financial institutions from across Africa.
President Hassan Sheikh's participation in the forum demonstrates Somalia's commitment to engaging with the international community and promoting economic development. His speech highlighted Somalia's potential for growth and its willingness to collaborate with investors and businesses.
The Al-Calamayn-Africa Business Forum is a significant platform for African countries to discuss economic development, trade, and investment opportunities. Somalia's presence at the forum underscores its efforts to re-engage with the global economy and attract investment.
By showcasing Somalia's investment opportunities, President Hassan Sheikh aims to attract international investors and promote economic growth in the country. The forum offers a valuable chance for Somalia to connect with potential investors and partners, ultimately contributing to its economic development.
Key points
- President Hassan Sheikh invites international investors to explore opportunities in Somalia.
- Somalia aims to rebuild and restructure its economy, with a focus on cooperation and investment.
- The Al-Calamayn-Africa Business Forum promotes economic development and cooperation among African countries.