Egypt, OECD discuss expanding trade, agriculture cooperation
Egypt’s Minister of Planning and Economic Development Rania Al-Mashat met with Julia Nielson, Deputy Director of…
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African countries
Egypt explores more agricultural investment in Africa
Egypt’s Minister of Agriculture Alaa Farouk held a meeting with the chairman of the African Affairs Committee at…
Egypt’s FinMin highlights need for development funding in Africa
Egypt’s Finance Minister, Ahmed Kouchouk, emphasised the importance of providing development funding to help…
Egypt’s FinMin calls for debt reduction to boost African economies
Egypt’s Minister of Finance Ahmed Kouchouck emphasised the need to improve debt indicators and restore…
Egypt’s processed food exports hit record $6.1b in ’24
Egypt’s processed food sector achieved a record high with exports surpassing $6.1 billion in 2024, showing a 21 per…
Egypt’s AOI urges stronger Africa ties to boost exports
The Arab Organisation for Industrialisation (AOI) aims to strengthen ties with African nations to boost industrial…
Egypt’s FinMin calls for equitable global economic system
Egypt’s Minister of Finance Ahmed Kouchouk has stressed the importance of substantial budgets and collective…
Egypt’s FinMin calls for stronger private sector role in Africa
Egypt’s Finance Minister Ahmed Kouchouck emphasised the vital role of the private sector in increasing production,…
Egypt’s FinMin calls for local currency settlements
Egypt’s Minister of Finance emphasised the importance of expanding local currency settlements to maximise African…
Shanghai’s trade with Africa rises by 9.4% YoY in 7m
China's financial hub, Shanghai, recorded a 9.4 per cent year-on-year increase in foreign trade with African…
Indonesia to secure $3.5b in African deals
Indonesia is set to finalise $3.5 billion in business deals with African countries during the second…
Kasrawy Group targets 23,000 vehicles in 5 years – Cabinet
Egyptian automotive conglomerate, Kasrawy Group has set an ambitious goal of producing 23,000 vehicles over the…
Egypt to support Guinea’s agriculture development
In a bid to bolster agricultural development in Guinea, the Egyptian Minister of Agriculture has pledged unwavering…
EU pledges €3.5b for oceans, environment
The European Union (EU) is pledging to allocate €3.5 billion ($3.71 billion) this year for ocean protection and…
Egypt, H. Kong to boost financial co-operation
Egypt and Hong Kong agreed to sign a double taxation prevention agreement this year, promote local currency bonds…
IATF 2023 generates $43.7bln trade, investments deals – Kanayo Awani
The Intra-African Trade Fair (IATF2023) surpassed its pre-set target of $43 billion in trade and investment deals,…
Egypt’s trade exchange with African countries hits $8.6 bln in 2022
The trade exchange between Egypt and African countries exceeded $8.6 billion during 2022, Sherif El-Gabaly the…
Afreximbank: boosting domestic manufacturing offers $500bln revenues in Africa
Helen Brume, Director of Project and Asset Based Finance at African Export-Import Bank (Afreximbank), appraised the…
UAE’s IRENA signs deal to boost African electricity access
Abu Dhabi-based International Renewable Energy Agency (IRENA) on Monday has sealed a deal with the African Union…
Russian Novostal-M plans to build factory in Egypt
Russian metallurgical holding company Novostal-M plans to establish a new factory in Egypt to expand its…
Putin pledges African countries free grains despite Western sanctions
Russia would remain a reliable food supplier for African countries despite illegal Western sanctions, according to…
Top 10 African countries with highest economic mobility based on visa-free travel in 2023
A report done by Henley & Partners which ranks all passports in the world in terms of their Henley Passport…
Egypt continues its leading support to Africa – Sisi
Egypt’s President Abdel Fattah al-Sisi said on Tuesday that the North African country continues to support efforts…
OPEC fund grants $50m to AFC to develop infrastructure
The OPEC Fund for International Development and Africa Finance Corp. (AFC) signed on Thursday a 10-year $50 million…
Russian oil price cap could save African countries $6bln annually
U.S. Treasury secretary Janet Yellen said in Senegal's capital Dakar on Friday the oil price cap on Russia could…
COP27: Biden unveils $150 million plan to help Africa adapt to climate change
U.S. President Joe Biden has announced at the COP27 climate summit in Egypt on Friday a $150 million plan to help…
African countries to call more fossil fuel projects at COP27 summit
The African countries will exploit COP27 talks in Egypt to support fossil fuels that expands economies and…
IMF discusses expanding emergency aid to counter rising food prices
The International Monetary Fund (IMF) is looking for ways to provide emergency financing to countries facing food…
Japan supports Africa with $30 billion at TICAD8
Japan announced on Saturday that it will provide support for African countries about $30 billion over the next…
Egypt’s Madkour Group eyes new projects in 5 African markets this year
Madkour Group for energy equipment and solutions is targeting important project in Congo and plans to establish…
Samco calls for boosting Egypt local construction export to African markets
Sameh Soliman, chairman of Egypt’s Samco-National Construction Company said on Monday that exporting local…
El Sewedy Electric plans to invest $1.5bn in Africa before 2022-end
El Sewedy Electric might invest about $1.5 billion through three renewable energy projects in Africa before the end…
Egypt sends medical aid to Africa to help with coronavirus relief
Egypt has sent on Sunday the first batch of medical aid to help African countries as part of its contribution to…
Egypt eyes strengthening ties with African countries – minister
Egypt targets deepening bilateral strategic ties with African countries through cooperation with the Arab Bank for…
Egypt to organise trade missions to 8 African countries in 2019: El-Gabaly
Africa committee at the Egyptian Chamber of Chemical Industries (FEI), seeks to organise number of trade missions…
Egypt to finalise power linking flagship with Sudan at year-end
Egypt’s Energy Ministry is keen on completing and operating the electricity power link project with Sudan at the…
Egypt’s trade with Africa states 26% up in four months
The volume of trade exchange between Egypt and African countries rose 26 percent to around $2.043 billion in the…
Egypt ready-made garment exports rise 14% in Q1
Egyptian Ready-Made Garments Export Council announced Friday that the sector's exports increased by 14 percent to…
Egypt’s Arab Contractors seeks mandate for projects in 3 African countries
Egypt’s state-run construction firm Arab Contractors says it seeks to win a mandate for some infrastructure and…
China invites Egypt to join BRICS
African countries believe the emergence of the BRICS is a symbol of hope for a better life. Despite all the…