Sisi follows up on preparations of Africa 2017 Forum

CAIRO – 6 December 2017: In a meeting on Wednesday with Acting Prime Minister and Housing Minister Mostafa Madbouly, and a number of ministers, President Abdel-Fatah al-Sisi has followed up on the latest developments of the Africa 2017 Forum: “Business for Africa, Egypt and the World”, which will take place in the Red Sea resort of Sharm El-Sheikh from 7-9 December 2017.

Sisi confirmed Egypt’s openness to the African continent and its keenness to enhance relations with African countries and help their efforts to achieve sustainable development for a better future.

The conference will be attended by six African heads of state, governments and ministries from various African countries as well as representatives of Egypt’s development partners and high-level figures in the business field from Egypt, Africa and worldwide with a view to promote investments for inclusive growth.

The event is organized by Egypt’s Ministry of Investment and International Cooperation and the COMESA Regional Investment Agency (RIA). The Africa 2017 Forum is a platform that brings together policy makers, financiers and investors to promote investments in strategic sectors.

The conference would include sessions on national projects, available investment opportunities in Egypt and rapid-growth companies in Africa, as well as the entrepreneurs’ forum.

It will also include several general sessions for discussing vital issues, including private economic zones, cities and urban development, renewable energy, power generation and distribution, long-term investment, reforms of the business environment, cross-border trade and investment among African countries.The first edition of the forum took place in February 2016.