Sisi: Lack of Stability and Security in Africa Represents the Biggest Obstacle to Attracting Investments

Sisi stresses that lack of security and stability in Africa hinders investment attraction despite abundant water resources.

SUMMARY

President Abdel Fattah El-Sisi confirmed that the lack of stability and security in Africa is the biggest obstacle to attracting investments, emphasizing the importance of efficient water resource management and achieving security and stability across the continent.

KEY HIGHLIGHTS

Rainfall and water quantities in Africa exceed its needs if managed efficiently.
Lack of stability and security is the biggest obstacle to attracting investments.
All efforts must be made to achieve security and stability to reduce credit risks.
The stability of any African country should not come at the expense of another country's interests.

CORE SUBJECT

Lack of Security and Stability in Africa and Its Impact on Investment

President Abdel Fattah El-Sisi stated that the amounts of rainfall and water in Africa exceed its needs, provided they are managed and used efficiently, emphasizing that the lack of stability and security represents the biggest obstacle to attracting investments.

During his reception of ministers and heads of African delegations, alongside representatives of the African Union Commission and regional blocs participating in the second ministerial conference of the "Russia-Africa" Partnership Forum hosted by Egypt, and attended by Dr. Badr Abdel Aati, Minister of Foreign Affairs, President El-Sisi stressed the necessity of exerting all efforts to achieve security and stability, warning that their absence increases credit risks.

He expressed his wishes for all countries and peoples of the continent to achieve stability, development, and prosperity, affirming that the stability of any African country should not come at the expense of the interests of another country.

KEYWORDS

Abdel Fattah El-Sisi Africa investment security stability water African Union Commission Russia-Africa Partnership Forum

MENTIONED ENTITIES 5

Abdel Fattah El-Sisi

👤 Person_Male

President of the Arab Republic of Egypt

African Union Commission

🏛️ Organization

The executive body of the African Union

Russia-Africa Partnership Forum

Event

Ministerial forum held to enhance cooperation between Russia and Africa

Badr Abdel Aati

👤 Person_Male

Egyptian Minister of Foreign Affairs

Egypt

📍 Location_Country

Host country of the conference