At least 5 Presidents to attend Africa business and investments forum in Egypt

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At least five African heads of state would attend an African business and investments forum in Egypt in December, the organizers said in a statement on Friday.

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Those who have confirmed their participation include the newly elected Zimbabwean President, Emmerson Mnangagwa and President Mahamadou Issoufou of Niger, who has been leading the drive to get commitment from other African heads of State to sign the African Continental Free Trade Agreement (AfCFTA).

“The Forum aims to improve intra-African trade and investment for the benefit for all citizens on this continent,” said Dr. Sahar Nasr, Egypt’s Minister of Investment and International Cooperation.

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The Ministry of Investment and International Cooperation of Egypt and COMESA Regional Investment Agency said the high-level forum to promote trade and investment in Africa will be held under the patronage of President Abdel Fattah Al Sisi, President of the Arab Republic of Egypt on 8-9 December 2018, in Sharm El Sheikh, Egypt.

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The third edition of the Africa Forum will be the biggest business-to-business and government-to-business gathering in Egypt, and would bring together leading policy makers with captains of industry, financiers, major industrialists and young entrepreneurs from across Africa and beyond.

Africa Forum 2018 takes place just months before Egypt takes over the chairmanship of the African Union in 2019, making it a platform to help shape private sector priorities for the coming year.

The theme for this year’s forum is ‘Bold Leadership and Collective Commitment’.

Organizers said this year, the forum will have a day focusing on the role of women in helping them define the continental priorities in a gathering called Women Empowering Africa.

“COMESA, now consisting of 21 countries following the admission of Tunisia and Somalia this year, continues to play a lead role in advancing Africa’s economic integration. As one of the most influential regional economic communities in Africa we have a pivotal role to play in engaging with business leaders and investors,” said Heba Salama, COMESA Regional Investment Agency CEO.

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Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

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