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Africa News
Egypt, Nigeria, Algeria to lead Africa’s gas supply market until 2027
Egypt, Nigeria, and Algeria are expected to dominate the African natural gas and liquefied natural gas (LNG) supply…
Egypt’s exports to BRICS countries surge to $4.9 bln
Egypt's exports to BRICS countries reached $4.9 billion in 2022, up from $4.6 billion in 2021, recording an…
Egypt, Kenya mull preparations for Africa Climate Summit
Egypt’s Environment Minister Yasmin Fouad has discussed with her Kenyan counterpart Soipan Tuya points that would…
Kenya settles $85.3 mln debt national carrier KQ – National Treasury
The Kenyan government settled guaranteed debt of $85.3 million on behalf of national carrier Kenya Airways (KQ) in…
Kenya’s tourism earnings rise 31% to $1bln in 6 months
The Republic of Kenya achieved total earnings of $1.06 billion from the tourism sector in the first half of the…
African airlines show resilience with 34.7% surge in traffic
African airlines have achieved a 34.7 percent increase in passenger traffic over the past year, displaying…
BRICS bank earns $94 mln in first South Africa bond auction
The New Development Bank (NDB), a financial institution established by the BRICS bloc of emerging markets,…
GCR affirms Afreximbank international scale long, short-term issuer credit ratings
GCR Ratings, an affiliate of Moody’s Investors Service, has recently affirmed Egypt-based African Export-Import…
Egypt’s Arab Contractors signs JV deal with Angolan Mercons
Egyptian construction giant Arab Contractors (AC) said on Wednesday it had signed a joint venture agreement with…
Jumia loses 1 million customers in Nigeria, Ghana, Egypt
Jumia, Africa’s e-commerce giant firm has posted its financial results for the second quarter of 2023, showing a…