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Sisi Advocates for Peaceful Solutions at Alamein Forum

Politics
Sisi Advocates for Peaceful Solutions at Alamein Forum

Egyptian President Abdel Fattah el-Sisi delivered an opening speech at the Alamein Africa Forum on October 4, 2026, in New Alamein, Egypt. The three-day forum gathers 1,500 officials, business leaders, investors, and representatives from financial institutions across Africa, focusing on economic development and continental integration.

Sisi emphasized that Africa's private sector is crucial, contributing over 70% to the continent's gross domestic product. He noted that approximately 85% of transactions by Africa's private sector involve companies outside the continent.

Despite existing trade agreements, intra-African trade has only constituted about 18% of total trade in recent years. Sisi also addressed international issues, citing the current energy crisis and its effects on fuel and fertilizer prices, as well as disruptions in supply and shipping chains.

The African Union summit in February approved the Alamein Africa Forum to be held biennially in New Alamein, organized in collaboration with the African Export-Import Bank and the African Union Development Agency.

Plus234Feed summary based on reporting from Voice of Nigeria. Read the original report below.

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