Cairo, Egypt – Egyptian President Abdel Fattah al-Sisi received Dr. Sidi Ould Tah, President of the African Development Bank Group, on Sunday in a meeting focused on strengthening the strategic partnership between Egypt and the major continental financial institution.
The meeting was also attended by Hassan Abdallah, Governor of the Central Bank of Egypt. Discussions also covered ways to address current economic and geopolitical challenges that are placing increasing pressure on development paths in Africa.
President El-Sisi reaffirmed Egypt’s full support for the leadership of the Group since Ould Tah assumed office in September 2015, emphasizing the pivotal role played by the Bank and the Fund in mobilizing financial resources and technical support for African countries.
For his part, the Group’s president commended the resilience of the Egyptian economy and its successful structural reforms over the past decade. He also described the Egyptian experience as an inspiring model worthy of emulation and study by other African countries in addressing global crises.
A shared vision for continental integration
The meeting addressed the features of the new Qatari cooperation strategy (2027-2031), with President El-Sisi emphasizing its alignment with Egypt’s Vision 2030 and the need to strengthen the role of the private sector.
Discussions also focused on cross-border infrastructure projects, which Egypt prioritizes to achieve regional integration and facilitate the movement of trade and passengers. Furthermore, the expertise of major Egyptian companies is being leveraged to implement these projects across the continent.
“El Alamein 2026”: A platform to attract investments
The two sides also discussed the ongoing arrangements for Egypt to host the first edition of the “African Business Forum” in New Alamein City in June 2026.
The President expressed his hope that the forum would serve as a strategic platform for attracting global investments to the continent. He also called on the bank to intensify its engagement with international partners to bridge the financing gap and transform Africa’s potential into tangible development projects. The meeting concluded with both sides affirming their commitment to continued close coordination to enhance the group’s financial sustainability and achieve the desired developmental impact for the people of the continent.
