The Engineering Export Council of Egypt (EECE), led by Sherif El-Sayyad, announced that engineering exports increased by 42% in January 2025, reaching $526.2m compared to $371.4m in January 2024. El-Sayyad emphasized that this strong start to the (...)
Russia's seaborne diesel and gasoil exports fell 6 per cent in February to 3.6 million metric tons due to reduced refining output, severe weather, and drone attacks on key facilities, according to LSEG and market sources.
Offline refining capacity (...)
Egypt's Minister of Foreign Affairs Badr Abdel Atty emphasised the country's dedication to bolstering strategic partnerships with African nations and supporting sustainable development through trade and investments, as per a Cabinet statement.
These (...)
Egyptian President Abdel Fattah Al-Sisi and Ghanaian President John Dramani Mahama held a telephone conversation to discuss strengthening bilateral relations and cooperation between their two countries. President Al-Sisi congratulated President (...)
The Engineering Export Council of Egypt (EECE) has announced a historic milestone, reporting a 21.6% increase in engineering industry exports during the first 11 months of 2024. Exports reached an impressive $5.1bn, surpassing the $4.2bn mark (...)
Cocoa and coffee are poised to become the top-performing commodities for 2024, driven by global supply deficits, while steel-making coal will end the year with the steepest losses amid China's sluggish growth.
Cocoa prices nearly tripled, reaching a (...)
The International Monetary Fund (IMF) has completed the third review of Ghana's 36-month Extended Credit Facility (ECF) arrangement, enabling an immediate disbursement of SDR 269.1 million (approximately $360 million). This brings total (...)
The Central Bank of Egypt (CBE) has endorsed the Pan-African Payment and Settlement System (PAPSS) agreement to enhance regional banking relations and economic collaboration with African countries.
The PAPSS, created by the African Export-Import (...)
Egypt's engineering exports surged by 25.6% to $3.9bn in the first nine months of 2024, compared to $3.1bn during the same period in 2023.
The monthly report from the Engineering Export Council of Egypt revealed a 15% increase in exports for (...)
Textile exports have seen a significant increase in recent years, reaching $1.2bn in 2023, marking a 5% growth, according to Hani Salam, Chairperson of Apparel Export Council of Egypt.
Salam said that the council aims to raise the sector's exports (...)
The Food and Agriculture Organisation (FAO) will co-lead the implementation of 21 new projects worth $109 million under the second round of funding from the Pandemic Fund.
These projects aim to enhance global and local health security, benefiting 32 (...)
انضمت الكنيسة الكاثوليكية، في غانا للاحتجاجات والدعوات الموجهة للحكومة الغانية، لوقف التعدين غير القانوني، والمعروف باسم "جالامسى".
ونظمت إيبارشية أكرا التابعة للكنيسة الكاثوليكية، الجمعة، مسيرة صلاة أطلق عليها "مسيرة صلاة بيئية احتجاجية ضد (...)
The International Finance Corporation (IFC), a member of the World Bank, is partnering with South Africa's Absa Group are partnering to provide a $50 million trade finance facility to Valency International, aimed at supporting 150,000 smallholder (...)
The Engineering Export Council of Egypt has organized a trade mission to Ghana, comprising 10 companies, in collaboration with the United States Agency for International Development (USAID) and the Egyptian Commercial Service (ECS), to increase (...)
The United Arab Emirates (UAE) and Ghana have announced a $30 million partnership aimed at supporting nature-based community development and climate solutions.
The agreement, signed by UAE Minister of Climate Change and Environment Dr. Amna Al (...)
Chairperson of Margins Developments Mohamed El Aasar stated that the company's investments in 2024 surpassed EGP 12bn across various projects launched since its entry into Egypt's real estate market in 2020.
El Aasar said that the company has over (...)
Members of Egypt's Chemicals and Fertilizers Export Council, led by Khaled Abu El-Makarem, will soon meet with the Minister of Investment and Trade to present the council's plan for increasing the sector's exports.
On the sidelines of the 36th (...)
Ghana's annual inflation rate went down to 20.4 per cent in August, reflecting a notable increase in the general price level of goods and services over the past year. Monthly inflation decreased by 0.7 per cent in August.
The Food and Non-alcoholic (...)
Ghana's private sector returned to growth in August 2024, with the S&P Global Ghana Purchasing Managers' Index (PMI) rising to 51.1 from 50.1 in July. Business confidence improved significantly, with nearly 77 per cent of respondents expecting (...)
The Engineering Export Council of Egypt announced that the sector's exports during the first seven months of 2024 increased by 29.9% during the period from January to July 2024, reaching $3.052bn compared to $2.350bn in the same period of 2023.
The (...)
China will push 50 African nations attending the China-Africa Cooperation (FOCAC) Forum later this week to increase their imports of Chinese goods, including electric vehicles and solar panels, before Western export restrictions take effect. The (...)
Ghanaian President Nana Akufo-Addo has launched the construction of a 300,000 barrel-per-day oil refinery in Jomoro, aiming to establish Ghana as West Africa's petroleum hub.
The refinery, part of a $12 billion project funded by Touchstone Capital (...)
Ghana's Consumer Price Index (CPI) for July 2024 reached 231.0, marking a substantial rise from 191.0 in July 2023, as per a government data released on Wednesday.
This increase corresponds to a year-on-year inflation rate of 20.9 per cent, (...)
Ghana's private sector showed a broadly stable picture in July, with the S&P Global Ghana PMI rising to 50.1 from 49.7 in June. Business activity remained largely unchanged, while new orders saw a marginal increase and employment rose for the sixth (...)
هنأ الدكتور أشرف صبحي وزير الشباب والرياضة ورئيس الاتحاد الإفريقي للرياضة الجامعية فريقي الرجال والسيدات لكرة السلة بالجامعة الأمريكية بالقاهرة لفوزهما بالمركز الثالث والميدالية البرونزية.
وشارك فريق السيدات المكون من زينا مانعي ، سلمي فرج ، ملك (...)
