African Pharmaceutical Technology Foundation receives strong endorsement at AfDB Annual Meetings in Sharm El-Sheikh
The newly established African Pharmaceutical Technology Foundation (APTF) aims to propel Africa towards the attainment of the United Nations’ Sustainable Development Goals. Professor Padmashree Gehl Sampath, African Development Bank Senior…
MSMEDA cooperates with international organizations to develop, finance MSMEs: CEO
Sharm El-Sheikh - CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Basil Rahmi stated that the agency is keen on increasing cooperation with various international and financing…
Al-Mashat, AIIB discuss future development cooperation strategy at AfDB meetings
Egypt's Minister of International Cooperation, Rania Al-Mashat, met with Vice Presidents of the Asian Infrastructure Investment Bank (AIIB), Ludger Schuknecht, Vice President for Infrastructure Investment and Executive Secretary of the…
Africa Investment Forum showcases $1.475bn in green energy deals at AfDB 2023 Annual Meetings
The Africa Investment Forum presented four renewable energy and sustainability projects worth almost $1.5bn to investors during the African Development Bank Group’s 2023 Annual Meetings. The projects are from all…
Egyptian, Guinean FMs discuss bilateral relations during AfDB meetings in Sharm El-Sheikh
We are keen on supporting aspirations of Africans for achieving development: Maait
EFG Hermes hits record revenues of EGP 4.5bn in 1Q23
EFG Hermes Holding, the financial institution with a universal bank in Egypt and the investment bank franchise in Frontier and Emerging Markets (FEM), announced Wednesday its results for the three…
Edita to complete acquisition of frozen bakery company next week
Deal is expected to cost EGP 380m: Sources
Developing countries need fair climate action financing that considers sustainable development: Mahmoud Mohieldin
Mahmoud Mohieldin, the UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, emphasized that climate and development action priorities in developing…
African states to hasten uptake of digital IDs
African states on Tuesday kicked off a three-day meeting in the Kenyan capital of Nairobi to discuss ways of accelerating the uptake of national digital IDs in order to boost…
CIB’s Hisham Ezz Al-Arab receives Lifetime Achievement Award at African Banker Awards 2023
African Banker Awards’ committee cited CIB's Ezz Al-Arab’s integrity, pioneering ingenuity and leadership, and impressive track record of accomplishments as reasons for granting him this award.