Establishing tangible mechanisms and adopting measures to achieve development aspirations are important for our countries, El-Sisi said during the annual meeting of the Africa Export-Import Bank, which was held in the New Administrative Capital, some 45 kilometers from Cairo.

Providing a regional infrastructure is another major challenge for us, stated the Egyptian statesman, who recalled that Africa has the highest population growth rate in the world.

He affirmed that many countries in the region have a great agricultural potential, but it is difficult to exploit because it is expensive due to the need for electricity, railway services and modern technology, among other factors.

The head of State also stressed the importance of achieving security and stability as the basis for any change in any African state.

In recent months, Egypt has repeatedly called on rich nations to fulfill their pledges to provide 100 billion dollars annually to help poor countries face climate change, especially those in Africa.

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