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2018 African Forum focused on economic development and women's empowerment

The two-day Africa Forum 2018 ended on the evening of 9th in the Egyptian coastal city of Sharm El Sheikh. The forum focused on Africa's economic development, with particular focus on training young entrepreneurs and women's empowerment.

　　Egyptian President Cesi announced at the opening ceremony that Egypt will set up the first national entrepreneurship center to support startups and train young entrepreneurs; it is expected that 10,000 young people will be trained in the field of digital technology in the next three years.

　　"The challenges facing the global economy require us to support young African entrepreneurs who are the most important asset of the African continent," he said.

　　Sisi revealed that Egypt's investment in African countries will increase by 1.2 billion US dollars in 2018, totaling 10.2 billion US dollars.

　　At the closing ceremony, Sisi announced that Egypt will set up an insurance fund to encourage Egyptian entrepreneurs to invest in African countries. Egypt will also establish investment funds to build information technology infrastructure and promote the transition of African countries to the modern economy.

　　As a sub-forum of this forum, the issue of women's empowerment has also received widespread attention. A spokeswoman for the Women's Empowerment Sub-Forum and well-known Egyptian lawyer Muna Zorfikar said that African countries need corresponding policy adjustments to ensure that no woman is left in the process of development and achieve inclusive growth.

　　The theme of the forum was to create an African market. More than 3,000 dignitaries and entrepreneurs from African countries participated in the forum.

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