Business
Egypt proposes cross-border "shared innovation" model at inaugural Alamein-Africa forum
October 2, 2026 at 04:57 PM
Coverage
2 reports
Egypt's planning minister called for a pan-African "shared innovation" model as the first Alamein-Africa business forum opened on 2 October 2026 in New Alamein.
- The inaugural Alamein-Africa forum convened with about 1,500 business leaders, co-organized by Egypt, Afreximbank, and the African Union Commission.
- Planning Minister Ahmed Rostom proposed a "shared innovation" model between Egyptian and African entrepreneurs based on technology exchange and building cross-border regional value chains.
- Rostom told a ministerial session that Africa's $3.6 trillion economy holds one-fifth of the world's population yet only 1.5% of global trade.
- Rostom called for full implementation of the African Continental Free Trade Area, free capital flows, and investment in African human capital.

