Business community across Africa showcases continental potential
In a discussion at the Egypt investment forum within day five of the Intra-African Trade Fair (IATF2023), speakers highlighted opportunities for greater trade between Egypt and other parts of Africa,…
Afreximbank commits $2bn for Export Agriculture for Food Security Initiative
The African Export-Import Bank (Afreximbank) entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of…
Basketball Africa League, Afreximbank to host Bal4her Camp in Cairo
The Basketball Africa League (BAL) and Afreximbank, an official partner of the 2024 BAL season, will host a U23 “BAL4HER” basketball camp and a series of thought leadership discussions on…
GB Corp targets expansion of exports to Africa, Middle East
GB Corp aims to increase its exports to African and Middle Eastern countries in the coming period by exporting high-quality buses and expanding its operations in Iraq. Nader Ghabbour, the…
Egypt’s Trade Minister calls for accelerating AfCFTA activation
Minister of Trade and Industry Ahmed Samir highlighted the importance of accelerating the implementation and activation of the African Continental Free Trade Area (AfCFTA) as it is an essential axis…
GAFI chief, Swiss State Secretary for Economic Affairs review investment opportunities in Egypt
Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), has met with Switzerland's State Secretary for Economic Affairs, Helen Baudler. The discussions, held on the…
Gold, silver traded on EGYCOMEX
Ibrahim Ashmawy, Chairman of the Trade Development Authority and Chairman of the Board of Directors of the Egyptian Commodity Exchange (EGYCOMEX), said that open bids were conducted on 66 lots…
Increase in revenues, net profit lifts EFG Holding’s 9-month performance to new heights
EFG Holding, a financial institution with a universal bank in Egypt and a leading investment bank in Frontier and Emerging Markets (FEM), announced today strong financial performance for the third…
Oriental Weavers aims to expand operations in France, Brazil, and Germany
Oriental Weavers aims to expand its export operations during the current year, with plans to increase its business base in key markets such as France, Brazil, and Germany in the…
Erdogan calls Israel ‘terrorist state’, UNICEF urges end to ‘horror’ in Gaza
Palestinian President Mahmoud Abbas accused Israel of waging a “war on the Palestinian existence” in Gaza on Wednesday. He said, “The unjust, aggressive war that we are facing is a…
