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President Sisi's speech at Alamein Forum
The article focused on the announcement and details of the launch of the "Alamein–Africa Business Forum," hosted by Egypt in New Alamein City. The forum aims to strengthen economic cooperation among African countries and elevate the role of the private sector across the continent. President Abdel Fattah El Sisi emphasized that the private sector contributes more than 70% of Africa’s GDP, yet 85% of its transactions are conducted with companies outside the continent. Additionally, more than half of small and medium-sized enterprises lack information about opportunities in neighboring African markets. The forum seeks to break down barriers of isolation and facilitate direct communication between African businesspeople to promote economic integration and advance the implementation of the African Continental Free Trade Area agreement. It also focuses on harnessing Africa’s vast human and natural resources while addressing current challenges such as rising fuel prices and the impacts of global energy crises. President Sisi further highlighted Africa’s aspirations for a more sustainable and peaceful future, expressing his expectation that the coming century will be an African century if collective efforts are made.
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