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Egypt's Sisi opens Africa eco summit to boost investment

Egypt's President Abdel Fattah al-Sisi said the economic summit attended by African leaders and businessmen was aimed at strengthening Africa's place in the world economyEgypt’s President Abdel Fattah al-Sisi opened on Saturday an economic summit attended by African leaders and businessmen that aims to boost trade and investment across the continent. More than 1,200 delegates including some heads of state will negotiate business agreements for the next two days at the Red Sea resort of Sharm el-Sheikh, to attract private sector investments in Africa. The conference “Africa 2016” plans to build further on a 26-nation free trade pact signed last year to create a common market on half the continent, organisers said.

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