South Africa's rand firmed early on Thursday, bouncing from a decline to its lowest in nearly 11 months. This came after investors digested signs of global economic recession and looked to buy the currency at cheaper rates in anticipation of sharper (...)
The African Development Bank (ADB) and the African Export-Import Bank (Afreximbank) said on Monday Africa Investment Forum will be held in Johannesburg next November.
Egypt's Minister of Investment and International Cooperation Sahar Nasr said that (...)
La Liga, the top professional division of the Spanish football league, has expressed its willingness to cooperate with the Egyptian Football Association (EFA) and the Ministry of Youth and Sports to develop the game in Egypt.
La Liga has taken a (...)
اغتيل لاعب منتخب جنوب إفريقيا السابق، مارك باتشيلور، بالرصاص في سيارته، أثناء عودته لمنزله بمدينة جوهانسبرج، وفتحت الشرطة تحقيقا في القضية، ولا تزال أسباب الحادث مجهولة حتى الآن. وتلقى باتشيلور، عدة طلقات من رجلين على متن دراجة نارية، فتحا عليه (...)
The finals of Africa's two international club competitions will each be played in one single match in future rather than over two legs as at present, the president of the region's governing soccer body said on Wednesday.
Ahmad Ahmad, head of the (...)
Former South African soccer player Marc Batchelor was shot dead outside his home in Johannesburg on Monday, local media reported on Tuesday.
The 49-year-old, who played for South African teams Kaizer Chiefs, Orlando Pirates and Mamelodi Sundowns, (...)
IBM announced on Tuesday the expansion of its operations in the Middle East and Africa (MEA) with the opening of an Innovation and Industry Client Centre and a Marketing Services Centre in Cairo
Supporting Egypt's national agenda, the centres aim to (...)
South Africa are likely to turn to gangly Dutch-born striker Lars Veldwijk as a surprise choice to lead their attack when they take on the Ivory Coast in their Africa Cup of Nations opener in Cairo on Monday.
The 27-year-old, who qualifies for South (...)
The African Reinsurance Corporation (Africa RE) selected in its annual competition the Egyptian private insurance company Mohandes Insurance Company (MIC) as the best insurance company in the African continent for the year 2019, becoming the first (...)
Egyptian insurer Mohandes was awarded the Insurance Company of the Year by the African Reinsurance Corporation (Africa Re).
Mohandes' chairman Reda Fathy received on Monday the award during the 5th Annual African Insurance Award ceremony, which took (...)
The African National Congress easily won South Africa's general election but its share of the vote fell, reflecting anger at corruption scandals and racial inequalities that remain entrenched a generation after the party took power.
The turnout for (...)
An Ethiopian Airlines passenger jet bound for Nairobi crashed minutes after take-off on Sunday, killing all 157 people on board and raising questions about the safety of the Boeing 737 MAX 8, a new model that also crashed in Indonesia in (...)
A delegation of the African Development Bank Group (AfDB), led by Khaled Sherif, the vice-president of regional development, integration, and business delivery at the bank, is visiting Egypt for a dialogue with the Egyptian authorities.
The (...)
أعلن علماء الآثار عن اكتشافهم مدينة مفقودة عمرها 200 عام في ضواحي جوهانسبورغ، في جنوب إفريقيا، كان يقطنها في يوم من الأيام أكثر من 10 آلاف نسمة.
وفي السابق، كان يعتقد أن المدينة الكبرى التي كانت تسمى "كويننغ" قد تشكلت من أكواخ حجرية قديمة، لكن ثلاثة (...)
Malinne Blomberg, Egypt's country manager at the African Development Bank (AfDB), said that the bank's current five-year strategy for interventions in Egypt revolved around the government's, as well as the bank's, priorities which will end in (...)
As 2018 comes to an end, the World Bank Group (WBG) issued a new report ‘Year in Review' where it mentioned that electricity access has been accelerating since 2010, with 40 countries achieving universal access since 2010, including Egypt.
Some of (...)
South Africa has issued an arrest warrant for Zimbabwe's former first lady Grace Mugabe over the alleged assault of a model in a luxury Johannesburg hotel in 2017, police said on Wednesday.
After the alleged assault with an electric cable came to (...)
“I am free in Algeria!” sang the world-famous Miriam Makeba, in Arabic, in 1972. Last week, the Algerian minister of culture, the eminent poet and writer Azzedine Mihoubi, launched an award that pays tribute to this internationally celebrated singer (...)
The Somali capital Mogadishu and neighbouring areas were deeply shaken by a string of bomb car attacks on Friday, 9 November 2018, near a well-known hotel and the Criminal Investigation Division (CID) police headquarters. The bombings killed and (...)
Egypt has embarked on the long-awaited mission of regaining its identity, which is a great relief to many. But relief is not enough, and embarking on a journey does not necessarily guarantee its accomplishment. Regaining a stolen identity requires a (...)
Minister of Investment and International Cooperation, Sahar Nasr, stated on Saturday that Egypt's Investment Law puts the state on the global investment map to attract more investments.
"Egypt's economic group led by Prime Minister Mostafa Madbouli, (...)
Egyptian investments in Africa recorded $10.2 billion, and African Investments in Egypt hit around $2.8 billion, according to Minister of Investment Sahar Nasr.
Nasr noted that President Abdel Fattah al-Sisi puts the economic and investment (...)
Egypt are on the verge of securing a place in the 2019 Africa Cup of Nations in Cameroon after comfortably beating minnows eSwatini 2-0 in the cup qualifiers in Manzini on Tuesday.
Ahmed Hegazi and Marwan Mohsen provided a goal in each half to (...)
JOHANNESBURG, Oct 9, 2018 (Reuters) - Zulu King Goodwill Zwelithini wants President Cryil Ramaphosa to sign an agreement promising to exclude territories that the monarch controls from a government land reform drive, the eNCA news channel reported (...)
JOHANNESBURG, Oct 9, 2018 (News Wires) - South African Finance Minister Nhlanhla Nene resigned Tuesday over undisclosed meetings with the business family at the heart of a corruption scandal, dealing a blow to President Cyril Ramaphosa.
Nene was (...)
