Cairo, October 3, 2026 — The Alamein-Africa Business Forum has officially commenced, with Minister of Foreign Affairs Dr. Badr Abdelatty expressing the importance of this event in promoting economic cooperation across Africa. The forum aims to foster a collaborative environment where governments, the business sector, and financial institutions can engage in productive dialogues and partnerships.
Significance of the Forum
The opening session took place in New Alamein City, with President Abdel Fattah El-Sisi in attendance to lend support to this ambitious initiative. Dr. Abdelatty highlighted Egypt’s gratitude for the participation of numerous distinguished guests, including the Chairperson of the African Union and representatives from various financial organizations. This forum stands as a part of a series of continental gatherings designed to enhance economic collaboration among African nations.
In his address, Abdelatty emphasized that the forum is not merely a gathering but a pivotal platform aimed at transforming decisions into actionable projects and investment opportunities. This aligns with the African Union Decision No. 973, which calls for this forum to be held biennially in Alamein, thereby reinforcing Egypt’s commitment to African integration and development.
Encouraging Private Sector Participation
Another central theme of the forum is the crucial role of the private sector in economic growth and job creation throughout Africa. Dr. Abdelatty noted that placing the business community at the heart of discussions is intentional, as it is essential for fostering trade, investment, and the establishment of robust value chains. By unifying political vision with business expertise, the forum intends to create a comprehensive approach to economic development.
Moreover, the program is structured to facilitate interactions among diverse stakeholders—ranging from governments to private enterprises—to ensure that strategies are not only discussed but also implemented. The collaboration aims to foster an environment conducive to South-South cooperation, thereby enhancing Africa’s economic landscape.
Vision for the Future
Dr. Abdelatty articulated a vision for the forum’s growth, aspiring for it to evolve into a regular platform where decision-makers can connect with the business community and financial institutions. He expressed hope that the forum would enable the identification of opportunities, formation of partnerships, and implementation of initiatives aimed at developmental progress.
He also acknowledged Italy’s commitment to transforming New Alamein into a thriving tourist destination, highlighting the city’s evolution from a site burdened with historical challenges to a modern hub of opportunity. This transformation exemplifies what is achievable in Africa when political will aligns with the continent’s immense potential.
In concluding his remarks, Dr. Abdelatty thanked President Abdel Fattah El-Sisi for his relentless efforts in establishing this vital platform, as well as all partners involved—both African and international—who have contributed to the forum’s success. The gathering not only serves as a starting point for fruitful discussions but also sets the stage for future collaborations that can drive substantial growth across Africa.
The Alamein-Africa Business Forum embodies a promising initiative designed to invigorate the African economy through collective efforts, highlighting the importance of collaboration between public and private sectors as indispensable elements in achieving sustainable development across the continent.