Politics
El-Sisi opens El-Alamein Africa business forum, chairs AUDA-NEPAD summit
October 3, 2026 at 06:25 AM · Updated 13d ago
Coverage
18 reports · over 8 hours
Egyptian President Abdel-Fattah El-Sisi opened the El-Alamein-Africa Business Forum and chaired the AUDA-NEPAD founding states summit in New Alamein City on Saturday.
- El-Sisi opened the forum with broad participation from African leaders, officials, and representatives of African and international business institutions.
- He co-chaired the AUDA-NEPAD summit with Angola's president, joined by leaders of founding states Egypt, Algeria, Nigeria, Senegal, and South Africa.
- Egypt will host the eighth African Union mid-year coordination meeting on Sunday, where El-Sisi will deliver the opening and closing remarks.
- Presidential spokesman Mohamed El-Shennawy said El-Sisi will hold bilateral and multilateral meetings to advance joint African action and continental integration.
- Egypt's Foreign Minister Badr Abdelatty said the El Alamein Africa Business Forum serves as a new platform for dialogue and cooperation among African states.
- Abdelatty described the Julius Nyerere Dam project as proof of what the African continent can achieve.
- Abdelatty hosted a dinner for ministers and officials, including Kenya's prime minister and the US advisor, on the forum's sidelines.
- El-Sisi said the forum offers a continental platform to implement the African Union's Agenda 2063, with the private sector as Africa's main economic driver.
- Foreign Minister Badr Abdelatty announced the launch of a new African dialogue platform for governments, financing institutions, the private sector, and business community.
- El-Sisi said Africa aspires to a world of peace and stability, far from bearing the consequences of crises it did not cause.
- El-Sisi said the African private sector contributes over 70 percent of the continent's GDP, while intra-African trade remains only about 18 percent of total trade.
- AUDA-NEPAD CEO Nardos Bekele Thomas thanked Egypt for hosting the forum, marking the agency's 25th anniversary.













