16 Sep 2018

Africa Conference 2018 to be Held in December in Sharm El-Sheikh

Under the auspices of President Abdel Fattah El-Sisi, MIIC, in collaboration with the COMESA Regional Investment Agency, will hold Africa Conference 2018 under the title "Bold Leadership and Collective Commitment: Enhancing African Environmental Investments" during the period from 7 to 9 December 2018 in Sharm El-Sheikh, in presence of several presidents of states, heads of governments and ministers, businessmen, investors, and high-level figures from Egypt and Africa.

The Minister of Investment and International Cooperation Dr. Sahar Nasr mentioned that Africa Forum 2018 is held annually in light of Egypt's chairing of the African Caucus for 2019, which would help identify the private sector's priorities for the upcoming year. She noted that the forum would hold sessions that focus on women's role and a statement would be submitted to participant presidents of states that sheds light on women in Africa and their priorities and aspirations.

A Youth Entrepreneurship Day (YED) would be held to provide young people with the opportunity to meet with various groups of investors and to improve their skills, in presence of several presidents of African states, stated Dr. Nasr.

Further, the Minister emphasized that the Egyptian political leadership was keen on achieving effective cooperation between African states, which would positively affect the life of the African people through cooperation in attracting investments. Such conference aims to complete the great success achieved by Africa Forum 2017 held in Sharm El-Sheik last year under the auspices of the President, in presence of several presidents of African states.

As indicated by Dr. Nasr, Egypt emphasizes its African role through hosting Africa Conference 2018 which is considered one of the largest investment gatherings in the continent to provide available investment opportunities, which would contribute to achieving sustainable and inclusive growth, establishing major projects, improve standards of living, and eliminate the problems of poverty and immigration.

"The COMESA, which includes 21 states after the accession of Tunisia and Somalia this year, plays a leading role in enhancing economic integration of Africa. Being one of the most influential regional economic societies in Africa, we play a pivotal role in dealing with businessmen and investors," Ms. Heba Salama, Regional Director of the COMESA Regional Investment Agency, stated.

"We appreciate Egypt's pivotal role in supporting economic relations between African states as well as MIIC's role in hosting the forum over three years," she added.   

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