23 Hrs
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بوابة الفجر
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Source: بوابة الفجر
23 Hrsبوابة الفجر
Source: بوابة الفجر
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The article focused on the El Alamein Summit, which promotes development, trade, and investment in Africa. It highlighted the opening of the city as an international conference center, thanks to Egypt’s efforts over more than ten years. The summit discussed strengthening partnerships between the public and private sectors, activating the African Free Trade Area agreement, and improving payment and settlement systems among African countries to facilitate trade—potentially reducing transaction times from days to seconds and cutting fees by up to 95%. It also addressed investment opportunities, with strong representation from Egypt and other African nations, emphasizing the importance of infrastructure projects, trade corridors, and ways to employ young talent to drive development across the continent. Finally, the article stressed the need to translate priorities into practical projects, with wide participation from private sector institutions and financial entities to boost trade and investment within Africa.
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