AFC boosts DRC’s copper production with $150m loan for Kamoa-Kakula expansion
Africa Finance Corporation (AFC) has provided a $150m loan to Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). This move…
Egypt leads African tourism, South Africa regains top spot in trade attractiveness
Egypt maintained its top position in the African tourism sector for the third consecutive year, while South Africa regained its leading position from Nigeria in Africa's trade rankings, driven by…
Kenya’s President refuses to sign controversial tax bill, call for dialogue amidst deadly protests
Kenyan President William Ruto has refused to sign a controversial tax increase bill that has sparked nationwide protests resulting in at least eight deaths and hundreds of injuries. In a…
Egypt, Yemen reaffirm strategic ties, stress Red Sea security concerns
Egypt and Yemen held a strategic dialogue at the ministerial level on Wednesday, reaffirming their commitment to bilateral cooperation and regional stability. Egyptian Foreign Minister Sameh Shoukry expressed Egypt's unwavering…
264 days of targeting civilians in Gaza by Israeli aircraft
The Israeli occupying aircraft continue to bomb civilians in the Gaza Strip for the 264th consecutive day. The ongoing war has resulted in massive casualties, with residential building complexes in…
Opinion| Russia’s bold moves raise concerns in the US and Europe
Russia’s recent actions have triggered panic in the United States and anger across Europe, reigniting global concerns about the implications of the ongoing Ukrainian conflict. This renewed focus comes after…
Saraya Japan opens $12m factory in Suez Canal Economic Zone
A new $12m factory owned by Saraya Japanese Middle East for Industrial Investment has officially opened in the Sokhna Integrated Zone within the Suez Canal Economic Zone (SCZone). The…
Sweilem leads Egyptian delegation to South Sudan for high-level talks, project launches
Mai Deng expresses gratitude for Egypt's significant support, highlights strong bond shared by two countries through Nile River
Connect Money secures $8m in seed stage to launch one-stop-shop embedded finance platform
Connect Money, the rising banking-as-a-service fintech company, focusing on embedded finance services, has closed its seed funding round of $8m led by prominent venture capital firms Disruptech Ventures and Algebra…
Egypt, Mexico seek to strengthen ties on expatriate support, tackle illegal immigration
Egypt's Minister of State for Emigration and Egyptian Expatriates Affairs, Soha Gendi, met with the Mexican Ambassador to Cairo, Leonora Rueda, to discuss potential areas of cooperation between the two…