Africa News Egypt drives efforts to launch borrower countries’ platform at UN meeting Yomna Yasser Sep 22, 2025 0 Egypt on Monday called for an overhaul of the international debt system as it co-hosted, with Zambia, a session on…
Editors' Picks Egypt at a Crossroads: Quick Fixes or Sustainable Sovereignty? Dina Abdel Fattah Aug 31, 2025 0 Egypt’s mounting debt burden and the growing weight of external obligations have pushed the government towards a…
Egypt News Egypt, Zambia plan joint pharma plant to boost African industry Aya El Sayed Jul 21, 2025 0 Egyptian Drug Authority (EDA) Chairman Ali El-Ghamrawy met with a joint delegation from Egypt’s Wadi El Nile…
Africa News Zambia secures IMF staff-level deal Aya Anwar Jun 10, 2025 0 Zambia has reached a staff-level agreement with the IMF for a $194 million disbursement under the Fifth Review of…
Egypt News Egypt, Zambia discuss ’24 MoU progress Nada Ali May 6, 2025 0 Egyptian Drug Authority (EDA) Chairman Ali El-Ghamrawy met virtually with the Zambian Medicines Regulatory…
Africa News Zambia’s copper output up 30% in Q1 Aya Anwar Apr 30, 2025 0 Zambia’s copper production rose nearly 30 per cent year-on-year in the first quarter of 2025, reaching…
Africa News Egypt takes charge of AfCFTA Council of Ministers with call for faster integration Aya Anwar Apr 28, 2025 0 Egypt officially assumed the presidency of the African Continental Free Trade Area (AfCFTA) Council of Ministers,…
Featured Zambia explores Egypt’s free zone model for investment growth Aya Anwar Feb 26, 2025 0 An official Zambian delegation visited the Nasr City Free Zone in Cairo to explore Egypt’s experience in free zone…
Egypt News Zambia eyes Egypt’s AOI to boost industrial cooperation Nada Ali Feb 26, 2025 0 Zambia's Health Minister Elijah Julake Moshima visited the Arab Organisation for Industrialisation (AOI) as part of…
Featured Egypt’s GAFI hosts inaugural Egypt-Zambia Business Forum Aya El Sayed Feb 25, 2025 0 Egypt’s General Authority for Investment and Free Zones (GAFI) hosted the inaugural Egypt-Zambia Business Forum…
Africa News Egypt, Zambia sign cooperation MoU Aya Anwar Feb 25, 2025 0 Egypt and Zambia are strengthening their bilateral relations with the signing of a memorandum of understanding…
Africa News Egypt, Zambia discuss strengthening trade, investment ties Aya Anwar Feb 24, 2025 0 Egypt’s Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, met on Monday, with Zambian Minister…
Featured Egypt-Zambia trade hit $96m in 2024 – CAPMAS Aya El Sayed Feb 24, 2025 0 Trade between Egypt and Zambia declined to $96 million in 2024, down from $183 million in 2023, according to data…
Africa News IMF approves $184m disbursement to Zambia Aya Anwar Dec 17, 2024 0 The International Monetary Fund (IMF) Executive Board has completed the fourth review of Zambia's 38-month Extended…
Egypt News Egypt’s c. bank joins PAPSS to boost intra-African trade Nada Ali Dec 3, 2024 0 The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
Africa News Egypt’s trade w/ African blocs up in ’23 Aya Anwar Nov 19, 2024 0 Egypt’s total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from…
Africa News Zambia raises interest rate to 14% Aya Anwar Nov 13, 2024 0 Zambia raised its benchmark interest rate to 14 per cent on Wednesday as inflation continues to surpass the Bank of…
Featured EU resumes budgetary support to Zambia after a decade Aya El Sayed Oct 2, 2024 0 The European Union (EU) has decided to resume budgetary support to Zambia for the first time in a decade,…
Editors' Picks WHO, partners offer $1.5b to world vulnerable communities Aya Anwar Sep 24, 2024 0 The World Health Organization (WHO), in partnership with several multilateral development banks (MDBs), has…
Africa News China inks deal to revamp Mao-era railway in Zambia Yomna Yasser Sep 4, 2024 0 China signed on Wednesday an agreement to revamp the Tazara railway, a vital transportation link between Zambia and…
Featured Zambia mulls 156% electricity tariff hike Aya El Sayed Aug 18, 2024 0 Zambia's Energy Regulation Board is evaluating a proposal from Zesco Ltd., the state-owned power utility, to raise…
Africa News Zimbabwe growth downgraded as severe drought weighs on Aya Anwar Jul 10, 2024 0 Zimbabwe has downgraded its 2024 economic growth forecast to 2 per cent from 3.5 per cent, due to an El…
Africa News CR20 completes key Malawi railway bridge Aya Anwar Jul 7, 2024 0 China Railway 20th Bureau Group (CR20) has completed the longest bridge on the 72-km railway line from Marka, near…
Featured Sri Lanka reaches agreement to restructure $12.6b in bonds Aya Anwar Jul 4, 2024 0 Sri Lanka has reached an agreement to restructure $12.6 billion in bonds, moving closer to finalising its debt…
Africa News IMF approves additional funds for Zambia Aya Anwar Jun 27, 2024 0 The IMF Executive Board has completed the third review of Zambia's 38-month Extended Credit Facility (ECF) and…
Africa News Zambia to establish new mineral investment entity Aya Anwar Jun 13, 2024 0 Zambia is gearing up to establish a fresh entity dedicated to investment and trading in minerals, aiming to…
Africa News Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair Aya Anwar May 29, 2024 0 Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
Africa News Zambia’s debt restructuring gains momentum Aya Anwar May 28, 2024 0 Zambia has made significant strides towards resolving its financial crisis, with over 90 per cent of its $3 billion…
Africa News Zimbabwe approves Musk’s Starlink Aya Anwar May 26, 2024 0 Zimbabwe's telecommunications regulatory authority has approved Elon Musk's Starlink, the satellite arm of SpaceX,…
Africa News Zambia’s currency plunges to historic low vs USD Aya Anwar May 8, 2024 0 Zambia's kwacha plunged to a historic low against the US dollar On Wednesday, hitting 27.30, a manifestation of…
Featured IMF board passes amendment to grant more freedom to assist countries in crisis Aya Anwar Apr 17, 2024 0 The International Monetary Fund's (IMF) Board has approved a significant amendment aimed at granting it greater…
Africa News Paris Club pushes Ethiopia’s IMF deal deadline to June Aya Anwar Apr 4, 2024 0 The Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia's deadline to…
Africa News Zambia in talks to restructure $3.3b of commercial debt Aya Anwar Apr 3, 2024 0 Zambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas…
Africa News China to continue co-operation to facilitate Zambia’s debt restructuring Aya Anwar Mar 26, 2024 0 China will continue cooperating with all sides to advance Zambia's debt restructuring, a foreign ministry…
Africa News Africa’s debt to remain above pre-pandemic levels through ’25 – UN official Aya Anwar Feb 28, 2024 0 Africa's public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous…
Banks Zambia central bank hikes rates to 12.5% Nada Ali Feb 14, 2024 0 Zambia's central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, for the fifth…
Featured Bill Gates, Jeff Bezos-backed KoBold Metals to develop Zambian copper mine Aya Anwar Feb 5, 2024 0 KoBold Metals which is based in California announced that it may consider partnerships to expedite the development…
Featured World Bank approves $125mln loan for Zambia Nada Ali Dec 24, 2023 0 The World Bank Executive Board approved on Saturday a $125 million loan for Zambia, in a step to restore…
Africa News Afreximbank signs €175mln with Mota-Engil Africa Nada Ali Nov 12, 2023 0 The African Export–Import Bank (Afreximbank) has signed on Sunday a dual tranche term loan facility worth €175…
Tech/AI Egypt exports pharma supplies worth $24mln to Zambia Mennatullah Hamzawy Oct 24, 2023 0 The Egyptian Authority for Unified Purchasing (UPA) supplied Zambia with pharmaceutical supplies valuing $24…