Al-Sisi: African private sector accounts for over 70% of GDP
President Abdel Fattah El Sisi clarified that the African private sector contributes more than 70% of the continent's gross domestic product. The forum aims to break the isolation between African markets and enhance communication among business communities. He also pointed out that over 50% of small and medium enterprises in Africa lack sufficient information about commercial opportunities, while intra-African trade has not exceeded 18% of the continent's total trade. The forum's goal is to empower the private sector to discover opportunities, strengthen economic cooperation, and support its participation in activating the African Continental Free Trade Area agreement.
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