CAIRO: President Abdel Fattah al-Sisi announced Wednesday that Egypt will host Africa’s Trade and Investment Forum in October, according to a Presidency statement.

Sisi statements were part of his speech at the coclusion of the African Blocs’ tripartite summit held in Sharm el-Sheikh, after signing the African Free Trade Zone (AFTZ) agreement to establish a free trade zone between the 26 member states by 2017.

“The upcoming forum is set to take place in Sharm el-Sheikh October 29-30, to introduce commercial and investment opportunities in Africa on the regional and international levels,” the statement read.

Sisi stressed that Egypt supports all the African Union initiatives, as well as all regional projects that aim to develop the main infrastructure of the African continent.

The AFTZ agreement was signed between the Southern African Development Community (SADC,) the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC.)

Source: The Cairo Post

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TradeMark Africa.