Egypt hosts Al-Alamein Business Forum
The article focused on the importance of the "Africa – Egypt Business Forum," organized by Egypt to promote trade and investment across African countries. Egyptian President Abdel Fattah El-Sisi explained that the African private sector contributes more than 70% of the continent's GDP. However, intra-African trade accounts for just 18% of the continent's total trade, and 85% of African private sector transactions are conducted with companies outside the continent. The forum aims to break down barriers, increase interaction between the African private sector and investors, strengthen participation in the free trade agreement, and achieve the objectives of Africa's 2063 Agenda, amidst challenges such as the energy crisis affecting the continent's economies.
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