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CDC Group is earmarking some 1 billion Egyptian pounds, $63 million, for infrastructure and finance investments in Africa in 2021, with a particular focus on Egypt, Ethiopia, Kenya, and Nigeria, CEO…
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The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth 16 billion Egyptian pounds on Sunday on behalf of the Ministry of Finance.
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Egypt is planning to establish an industrial zone in Sudan to facilitate the establishment of joint projects, according to Egypt’s Minister of Trade and Industry.
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The state-owned Agricultural bank of Egypt (ABE) announced the launch of an initiative to settle debts for 328,000 defaulting farmers with total worth of 6.3 billion Egyptian pounds, in order to…
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Africa remained fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector, African Development Bank President Akinwumi A. Adesina said.
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Morocco received 2 million doses of Astrazeneca's COVID-19 vaccine on Friday, becoming the first African country to get a large enough shipment to roll out a nationwide immunisation programme.
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The Ministry of Planning and Economic Development reviewed some international reports on the economic situation in Egypt and the Arab region.
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The International Monetary Fund (IMF) warned that Tunisia's fiscal deficit could exceed 9 percent of GDP and urged the country to control energy subsides, transfers to state companies and wages, even…
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Egypt, the European Union (EU), and the United Nations Development Program (UNDP) agreed on  a COVID-19 Response Support Project worth €6 million to be delivered over three years.
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The International Monetary Fund (IMF) increased its projection for the growth of the economy to 2.8 percent during the current FY 2020/2021 compared to 2 percent that was expected before that.
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