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African leaders to gather in Egypt for business summit

Leaders are expected to press trade integration, water security and AfCFTA implementation as Africa’s intra-continental trade remains just 15% of total trade, officials said.

  • African leaders convened in El-Alamein, Egypt, on Sunday, October 4, 2026, for the Eighth Mid-Year Coordination Meeting of the African Union, hosted by President Abdel Fattah el-Sisi and focused on advancing continental integration.
  • Egypt hosted an inaugural business forum from October 2 to 4 to reassert its influence across Africa, aiming to boost regional trade amid the significant economic presence of Gulf states and China.
  • Continental trade remains limited, totaling just $192 billion in 2023 and accounting for around 15 percent of total trade, while the African Union designated "Assuring Sustainable Water Availability and Safe Sanitation Systems" as its 2026 theme.
  • President el-Sisi called coordination "not an end" but a necessary shift from fragmented efforts to integrated ones, while leaders assessed progress on Agenda 2063, the continent's long-term plan known as "The Africa We Want."
  • South Africa's President Cyril Ramaphosa, leading the Southern African Development Community, joined discussions occurring against an unresolved dispute between Egypt and Ethiopia over the $5 billion Grand Ethiopian Renaissance Dam.
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Cairo, Oct 4 (Latin Press) The 8th African Union Mid-Year Coordination Meeting will meet today in El Alamein, Egypt, in which the continental organization, economic communities and regional mechanisms align their work to implement the integration agenda. The post Egypt will host a half-year coordination meeting of UA first appeared on News Prensa Latina.

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Sada El balad broke the news on Monday, September 28, 2026.
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