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Africa News
New malaria vaccine approved in two countries
New malaria vaccine developed by scientists at the University of Oxford has been approved in Ghana and Nigeria this…
African major economies show slowing regional growth – World Bank pulse
Economic growth of African major economies, among them Nigeria, South Africa and Egypt, have been showing slow…
BSH builds its first plant in Egypt with €50 mln investment
BSH Home Appliances, a subsidiary of German Bosch, has announced on Monday the groundbreaking of its first factory…
Egyptian Unified Procurement Authority signs cooperation deal with Arab Hospitals…
The Egyptian Unified Procurement Authority (UPA) has signed on Tuesday a cooperation protocol with the Arab…
Africa Finance Corp to invest at least $1 bln in Egypt – official
Africa Finance Corporation (AFC), a Lagos-based development financier, plans to invest $1 billion or more in Egypt…
Egypt becomes first North African shareholder in AFC
Egypt has joined Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, as…
Sphinx-like statue unearthed in Southern Egypt
Egypt's Ministry of Tourism and Antiquities has unearthed a Sphinx-like statue in the temple of Dendera located…
Nedbank posts 20% rise in annual profit
South African moneylender Nedbank Group has announced a 20 percent increase in the full annual profit, due to…
Tunisian inflation hits new record high in February 2023
Inflation rates in Tunisia has reached 10.4 percent in February, recording the highest in three decades after…
Russia turns to Tunisia for oil imports after EU sanctions
Tunisian oil gas and diesel imports from Russia has greatly increased last month, reaching 77,000 barrels per day…