|12 December, 2019

Elsewedy Electric supports peacebuilding in Africa through its participation in "Aswan forum" 2019

As part of Elsewedy Electric's commitment to empower a better Africa, key representatives from the company proudly took part in the Forum alongside some of the most notable African leaders to support peacebuilding and sustaining peace in Africa given the immense potential of the continent.

Elsewedy Electric supports peacebuilding in Africa through its participation in Aswan forum 2019

Aswan, Egypt: – Elsewedy Electric, a global leader in integrated energy solutions committed to contributing positively to society and creating a sustainable future, sponsored the Aswan Forum for Sustainable Peace and Development. The Forum is the first of its kind in Africa to address the interlinkages between peace and development under an Agenda for Sustainable Peace, Security, and Development in Africa on 11-12 December 2019 in Aswan, Egypt.

As part of Elsewedy Electric’s commitment to empower a better Africa, key representatives from the company proudly took part in the Forum alongside some of the most notable African leaders to support peacebuilding and sustaining peace in Africa given the immense potential of the continent.

The Forum brings together heads of state and governments, leaders from national governments, regional and international organizations and prominent experts, to addresses current opportunities and challenges to peace, security, and development in Africa.

“Elsewedy Electric recognizes the importance of contributing positively to the communities in which we operate as a trusted partner within the African framework given our long-term partnerships to foster employment, education and the human prosperity,” said Eng. Ahmed Elsewedy, CEO and President of Elsewedy Electric.

The Aswan Forum for Sustainable Peace and Development envisioned as an annual event to be held in December to bring together heads of states and governments, leaders from national governments, regional and international organizations and financial institutions, the private sector, and civil society, as well as visionaries, scholars, and prominent experts for a context-specific, action-oriented, and forward looking discussion on the threats and challenges, as well as opportunities, ahead for Africa.

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About Elsewedy Electric:

ELSEWEDY ELECTRIC (EGX: SWDY.CA) is a leading provider of integrated energy solutions in Africa and the Middle East, and a significant contributor to economic growth in EGYPT. The Company has a portfolio incorporating all traditional and renewable energy areas along with related services. It is one of the largest worldwide manufacturers of cables and meters, especially smart meters. It is also one of the regional and continental leaders in electrical contracting and manufacturing of transformers, insulators and other electrical products. With a wealth of local experience and manpower, ELSEWEDY ELECTRIC is committed to help provide the countries, in which the Company operates, with a reliable and affordable power supply. In fiscal 2018, which ended on 31st of December 2018, ELSEWEDY ELECTRIC generated revenue from continuing operations of EGP 42.5 billion and net income of EGP 4.9 billion. At the end of December 2018, the company had around 14,000 employees worldwide. Further information is available on the Internet at www.elsewedyelectric.com 

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