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The inaugural Alamein Africa Forum has opened in Egypt’s New Alamein City, convening about 1,500 African officials, business leaders, investors and financial-sector representatives.
Focus on turning priorities into projects
The three-day forum, running from 2 to 4 October, is intended to move continental development debates towards financeable projects and cross-border investment partnerships.
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Its agenda covers trade, food security, energy, infrastructure, financing, digital transformation, artificial intelligence and critical minerals. The organisers say discussions are designed to strengthen intra-African commerce while linking governments, firms and lenders around practical investment opportunities.
Egyptian Prime Minister Mostafa Madbouly told the opening session that Africa has the assets to play a stronger role in the changing global economy: vast resources, a young population and openings in manufacturing, agriculture, energy, services and technology.
But he said those opportunities remain constrained by costly finance, inadequate infrastructure and barriers between African markets.
A test of Africa’s investment ambitions
The Alamein Africa Forum is co-organised by the Egyptian government, Afreximbank and the African Union Development Agency-NEPAD. It has been established as a biennial gathering following an African Union decision earlier this year.
For more context, read DGBN’s coverage of Egypt and South Africa launch business council to drive African investment.
The event arrives as African states seek to translate the promise of continental integration into projects that can create jobs, add value to natural resources and expand African-owned supply chains.
For Black communities across the continent and diaspora, that question matters directly: stronger African trade and industrial capacity can help determine where wealth is created, who controls strategic industries and whether young Africans find opportunity at home rather than being forced to leave in search of it.
Egyptian officials say Africa’s economy is valued at about $3.6 trillion, yet the continent’s share of world trade remains far below its population and resource potential. The forum is therefore placing particular weight on closing the gap between policy commitments and investment delivery.
AU meetings to follow
New Alamein will also host a summit of the founding states of AUDA-NEPAD on Saturday, involving Egypt, Algeria, Nigeria, Senegal and South Africa, alongside other African Union representatives. Egypt’s President Abdel Fattah el-Sisi is expected to chair the meeting with Angola’s President João Lourenço.
The African Union’s eighth Mid-Year Coordination Meeting is scheduled for Sunday, bringing together African leaders and regional economic communities.
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The concentration of political and business meetings gives the new forum an early opportunity to demonstrate whether it can produce trackable commitments rather than another round of high-level declarations.