Cairo to Cape Town Corridor will Facilitate Intra-African Tourism & Trade -Amb of Egypt Welcomes Pakistani Business Community


Speech of H.E. Ambassador Ahmed Fadel Yacoub
Ambassador of the Arab Republic of Egypt
Africa Day, Islamabad, 14-6-2019

H.E. Chief Guest, Mr. Sahabzada Muhammad Sultan, Honorable Federal Minster for National Food Security and Research,

H.E. Dean of the Diplomatic Corps,
H.E. Mr. Adel Elarabi Ambassador of Tunisia and Dean of the African group, fellow African brothers,
Dear collogues, officials and journalists,
Ladies and Gentlemen,

Assalmu Alaikom, good evening and welcome to the “Africa Day 2019” celebrations.

It gives me great pleasure to speak to you tonight on the occasion of “Africa Day” as a representative of Egypt, the current Chair of the African Union for this year.
Ladies and Gentlemen,

“Africa Day” is a celebration that we Africans deeply cherish, as it commemorates the foundation of the first Pan-African organization on the 25th of May 1963, which was entitled “the Organization of African Unity”; later to be changed in 2002 into “the African Union”.

The celebration started under the title “Africa Freedom Day”, when some of the African countries were still under occupation before being later changed to its current title “Africa Day”.

Ladies and Gentlemen,
Allow me to highlight some of Egypt’s efforts during its AU chairmanship for this year.

Egypt works on realizing and implementing the African Continental Free Trade Area (AfCFTA), which will boost the trade between African nations;

Egypt also fully supports the implementation of the first 10-year plan of the Agenda 2063, which acts as a blueprint and master plan for transforming Africa into the global powerhouse and delivering inclusive and sustainable development for the citizens of all African nations.

Egypt also works on the creation of the African Infrastructure Alliance (AIA), as an international umbrella for donors, and international companies to help African nations mobilize international financial and technical resources for the development of the continent’s infrastructure.

Egypt works on completing the (Victoria-Mediterranean project) which aims at creating a river-based transportation link between Lake Victoria and the Mediterranean Sea;

Another infra-structure project is completing the Cairo to Cape Town transportation link that will be a true trans-African North-South economic and developmental corridor – facilitating intra-African trade and tourism.

Egypt also enhances the AU mechanisms for post-conflict reconstruction and development. In this regard, Egypt hosted and launched the “Aswan Forum for Peace and Sustainable Development” as a high-level dialogue among key stake-holders in Africa to create a true Pan-African reference point for peace and sustainable development.

Egypt hosted this year a wide variety of African events that included the African Conference on Human Rights, The Arab-African Youth Forum, and Summits on Libya and Sudan. Egypt continues to work on fulfilling the aspirations of all Africans for peace, prosperity, integration and cooperation.

Ladies and Gentlemen,
As we are celebrating Africa Day here in Pakistan, allow me to reaffirm that our continent is open to all forms of international cooperation with all the members of the international community and, for sure, Pakistan is highly welcomed.

I hereby call upon all the Pakistani business community and officials to embrace Africa in all possible forms of cooperation as Africa is the continent of unexploited opportunities and is the continent of the future. Africa is a very wealthy continent; its GDP is around 2.33 trillion USD; it holds around 30% of the known mineral reserves, with over 40% of the gold reserves, over 60% of the cobalt and 90% of the platinum reserves.

It is also the most youthful continent, having 50% of its population under the age of 25, and it is the world’s second largest continent and the second most populous.
I’d like to conclude by reminding you that Egypt is hosting on 21st of this month, the Africa Football Cup of Nations tournament, and I hereby would like to invite you to watch this short video about this great event.

Thank You


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