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Sisi leads Al-Alamein summit on Africa development financing
President Abdel Fattah El-Sisi presided over the summit of the founding countries of the African Union Development Agency (AUDA-NEPAD) in Alamein, with the aim of strengthening support for development efforts across Africa. The meeting discussed ways to mobilize resources for development projects, monitor the implementation of the African Union Agenda 2063, and enhance coordination to address economic and developmental challenges. Emphasis was placed on the importance of self-financing, the role of the private sector, and the development of financing mechanisms, as well as prioritizing development funding and closing financial gaps across the African continent. Additionally, a final declaration was adopted, expressing the founding countries' commitment and support for NEPAD as a key tool to achieve developmental aspirations and foster future investment.
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