Egypt’s 2024/25 economic plan prioritizes private sector, infrastructure, social development
Egypt's Prime Minister Mostafa Madbouly met on Tuesday to review proposals for the 2024/25 Economic and Social Development Plan, outlining key priorities for the coming year. The plan emphasizes increased…
Egyptian Prime Minister meets with Ivorian Speaker, pledges support, cooperation
Egyptian Prime Minister Mostafa Madbouly met with Adama Bictogo, Speaker of the Ivorian National Assembly, on Tuesday to discuss strengthening bilateral relations and joint cooperation between the two countries. Madbouly…
Nigeria’s ruling party official killed by gunmen in central state: police
A spokesperson for Nigeria's ruling All Progressives Congress (APC) party was murdered by a group of unknown gunmen in the central state of Plateau over the weekend, local police said…
Africa’s economic growth slows, but recovery expected in 2024: AfDB
Africa's economic growth dipped to 3.2% in 2023, falling short of the 4.1% recorded in 2022, the African Development Bank (AfDB) reported. Despite the slowdown, the bank projected a return…
Rwanda braces for potential conflict as DRC and burundi bolster military capabilities
Tensions escalate in East Africa as Rwanda accuses its neighbors of harboring hostile intentions and preparing for invasion. Rwanda has tightened its air defenses, citing threats from neighboring Burundi and…
Egypt needs to allocate spectrum package to maximize 5G: Badawy
Amr Badawi, former President of the National Telecom Regulatory Authority, stated that the telecommunications sector has been a driving force for all aspects of the economy in Egypt, witnessing significant…
Big oil profits soar to $0.281 trillion amidst Ukraine crisis
A new analysis by Global Witness reveals that European and US oil and gas majors have raked in a staggering $281bn in profits since the Russia-Ukraine war two years ago.…
Egypt, World Bank discuss sustainable development in agriculture
Egypt’s Minister of Agriculture and Land Reclamation, Elsayed Elkosayer, met with Miskreem Barhan, the Regional Director for Sustainable Development in the Middle East and North Africa at the World Bank,…
$30m financing boost for Egyptian SMEs: ICD, Banque Misr sign letter of intent
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) group, signed a letter of intent with Banque Misr today to…
Egypt, ITFC sign annual work programme worth $1.5bn
Egypt and the International Islamic Trade Finance Corporation (ITFC) have signed an annual work programme for 2024, as part of a five-year framework agreement to support vital sectors in the…