Egypt and Nigeria have agreed to elevate their relationship to a "Comprehensive Partnership," following the third round of political consultations, the first at the ministerial level, held in Cairo on Saturday. Egyptian Foreign Minister Badr (...)
Nigeria's Dangote Oil Refinery holds a 500-million-litre petrol stockpile, its founder Aliko Dangote revealed on Tuesday, countering claims that imports are needed to meet demand.
The statement follows his meeting in Abuja with President Bola (...)
قالت وزارة الدفاع النيجيرية، إنها وقعت مذكرة تفاهم مع جمهورية مصر العربية بشأن التعاون في مجال الصناعات الدفاعية، يوم الأربعاء الموافق 28 أغسطس 2024، في مقر الوزارة بالعاصمة أبوجا.
وبحسب بيان صادر عن الوزارة، وقع الاتفاقية عن الجانب النيجيري الأمين (...)
Cairo, Egypt, along with other major African cities, is projected to be among the top 100 African cities with the highest GDP by 2035, according to a recent report by the Economist Intelligence Unit (EIU).
"The largest of the Africa100 city (...)
Qatar Airways announced on Tuesday the acquisition of a 25 per cent stake in Airlink, Southern Africa's major independent regional carrier. The investment aims to enhance the existing codeshare partnership between the two airlines and accelerate (...)
The African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20bn in 2021 to $40bn by 2026, according to Haytham ElMaayergi, the bank's Executive Vice President, Global Trade Bank.
ElMaayergi made the (...)
Egypt's Planning, Economic Development, and International Cooperation Minister Rania Al-Mashat has endorsed the final statement of the African Caucus meeting held in Abuja, Nigeria, calling for increased intra-African trade and a reform of the (...)
Egypt has called for increased cooperation among African nations to stimulate economic growth, with a focus on facilitating trade and investment across Africa.
Minister of Planning, Economic Development, and International Cooperation Rania (...)
Nigeria's economy received a boost of 309 billion naira ($220.3 million) following the initiation of dry season farming, focusing on cultivating 118,657 hectares of wheat across 15 states. This initiative aims to accelerate year-round farming (...)
The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the monetary policy committee to raise rates again.
According to a Bloomberg survey, most economists anticipate a rate hike, with varying (...)
The Lagos Food Bank, vital for residents, faces dwindling supplies as inflation skyrockets in Nigeria while President Bola Tinubu's unpopular economic reforms worsened the cost of living crisis, as per a Reuters report.
Many residents struggle with (...)
Nigeria's taxation authority has lodged allegations of tax evasion against the cryptocurrency platform Binance, as per a Reuters' report citing released statement on Monday.
Filed by the Federal Inland Revenue Service (FIRS) in Abuja, the case (...)
Nigeria's central bank governor, Olayemi Cardoso is facing a difficult challenge as he is about to announce his first interest-rate decision, with investors eager for decisive measures amidst public outrage over the steep rise in living expenses, (...)
Niger plans to construct a $100 million Sports Arena to be constructed between Abuja and Suleija, in an effort to promote sporting activities, its governor Mohammed Umaru Bago announced on Saturday.
The facility is part of his commitment to sports (...)
Aisha Shuaibu, President of Abuja-headquartered SWA Sports, said business of sports will be able to achieve many solutions for the continent especially in Egypt and Nigeria, for example providing employment.
Shuaibu made her remark during an (...)
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عقد المركز الطبي الأفريقي للتميز «AMCE Abuja» الذي أنشأه أفريكسيم بنك، اجتماع مجلس إدارته الافتتاحي في القاهرة، خلال شهر أكتوبر الجاري.
يمثل المركز مبادرة من قبل بنك التصدير والاستيراد الأفريقي «أفريكسيم بنك»، بهدف تنفيذ وتشغيل منشأة طبية من (...)
Niger's junta appointed 21 ministers late Wednesday, ahead of a meeting of West African leaders who will discuss their response to a military coup in Niger.
Abdourahamane Tchiani, president of the National Council for the Safeguard of the Homeland (...)
The African Development Bank's (AfDB) board has approved on Tuesday a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations.
The approval adds more than of $16.4 million extended to the (...)
The Cairo International Center for Conflict Resolution, Peacekeeping, and Peacebuilding (CCCPA) held a training course in Maiduguri, the capital of Nigeria's Borno State, focusing on "strengthening the role of women's community leaders to prevent (...)
Nearly a decade ago, when then newly-elected leadership of the Communist Party of China (CPC) made its debut at the Great Hall of People after the first plenary session of the 18th CPC Central Committee, the world was speculating how the world's (...)
Nigeria's economy has continued to be resilient and maintains an upward trajectory, despite the disruptions in the global economy, Nigerian President Muhammadu Buhari said on Friday.
Buhari, while inaugurating an 11-man Presidential Committee on the (...)
Living Design for engineering consultancy aims to expand in the Egyptian real estate market this year, especially in the hotel sector.
Tarek Hegazy, CEO of Living Design, said that the company is currently negotiating with a number of real estate (...)
Egypt is hosting the 17th conference of the Committee of Intelligence & Security Service of Africa (CISSA) in Cairo.
It is the largest African intelligence conference, it will be running from 12 to 13 December.
Egypt's General Intelligence Service (...)
China is the main trading partner of Africa, accounting for nearly 20% of the continent's foreign trade, according to Ibrahim El-Araby, President of the Union of African Chambers of Commerce, Industry, Agriculture, and Professions (...)
At a COVID-19 vaccination site in the Ugandan capital, Kampala, tempers flared among those waiting for scarce AstraZeneca jabs, with some accusing others of trying to jump the queue.
Nurses intervened, telling them the accused had been waiting since (...)
