Egyptian Investment Minister Ashraf Salman underlined that his country will host the African economic blocs' summit during the period between June 7 till 10 in Sharm el Sheikh under the auspices of President Abdel Fattah El Sisi.

The minister's remark came during his statements to Egyptian journalists on the sidelines of the World Economic Forum held in the Dead Sea area.

Salman further said that presidents of 26 African countries will take part in the event, adding that establishing a free trade zone is expected to be announced.