Egypt’s Commercial International Bank acquires 51% of Kenya’s Mayfair
Egypt's biggest private bank, Commercial International Bank (CIB) has acquired a 51 percent stake in Kenya’s…
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Avigan, Japan’s wonder drug, and the race for coronavirus treatment
To date, there is no approved drug for coronavirus disease, yet the Japanese anti-flu Avigan – produced in 2014 –…
Egypt’s Banque Misr to open branch in Somalia in Q2
Banque Misr, Egypt’s second largest bank, plans to open a branch in Somalia within the second quarter of the year,…
5 African countries invite Egyptian contractors to invest in $650mn projects
Egyptian contracting firms are invited to participate in eight giant infrastructure projects in five African…
CIB Egypt bank eyes takeover of Kenyan bank Mayfair
Commercial International Bank (CIB), Egypt’s largest private lender, is planning to buy one of Kenya’s lower-tier…
Egypt’s Hogar Construction mulls social housing flagships in Kenya
Egypt’s Hogar Construction and Development is studying a number of social housing flagships in Kenya, its chairman…
Egypt’s Banque Misr to open 15 new offices in Africa in three years
Banque Misr, Egypt’s second largest bank, will expand its banking presence in 15 new markets across Africa, its…
Kenya is now the third African country to introduce malaria vaccine
Kenya has on Friday started adding a malaria vaccine to its routine immunization schedule for babies and toddlers,…
Kenya hopes to partner with Egypt in electricity, energy – minister
Kenya is hoping to create specialised partnerships with Egypt in electricity and energy investments, Kenya's…
Wanyama dodges media interview as Kenya arrive from Egypt: Afcon 2019
Kenyan midfielder Victor Wanyama refused to grant an interview to waiting media as Harambee Stars arrived home from…