President Paul Kagame on May 13, 2026, received a high-level delegation led by Ahmed Elsewedy, President and Chief Executive Officer of Elsewedy Electric, accompanied by Hossam El Shaer, Chairman of Sunrise Resorts & Cruises.
The meeting, held at Village Urugwiro, comes as the delegation is in Kigali to attend the Africa CEO Forum, a major continental gathering of heads of state, government officials, and private sector leaders focused on accelerating investment and economic transformation in Africa.
According to the Office of the President, discussions centered on expanding investment opportunities in Rwanda, with particular focus on energy, infrastructure development, manufacturing, and the hospitality and tourism sectors.
The Africa CEO Forum is scheduled to take place at the Kigali Convention Centre from May 14 to 15, 2026, bringing together African leaders and global investors to discuss strategies for enhancing competitiveness and unlocking private sector growth across the continent.
Ahmed Elsewedy is expected to deliver a keynote address during the forum, highlighting emerging investment opportunities and industrial development trends in Africa.
Elsewedy Electric, founded in 1938, is one of Egypt’s leading industrial groups specializing in integrated energy and infrastructure solutions. The company operates more than 30 manufacturing facilities across 19 countries and exports to over 110 markets worldwide.
Its operations span electrical cables and equipment, engineering and construction services, digital infrastructure, and renewable energy systems, including solar and wind technologies. The company employs more than 19,000 people globally and reports annual revenues exceeding $5 billion.
Elsewedy Electric currently has operations in East Africa, including Tanzania and Uganda, and is exploring opportunities to expand further into Rwanda, particularly in sustainable and renewable energy projects aligned with the country’s development agenda.
The delegation also included Hossam El Shaer, founder of SUNRISE Resorts & Cruises, a leading Egyptian hospitality and tourism company established in 2002 and based in Cairo.
Through its development arm, Madaar Developments, the company is also assessing potential partnerships in Rwanda’s real estate and tourism sectors as part of broader plans to expand its footprint across Africa.
