The African agribusiness market reached approximately $280bn in 2023, according to estimates by the African Development Bank (AfDB), with $35bn representing the Egyptian market alone. It is expected to grow to $1tr by 2030, at an annual growth rate (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), hosted Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), and his delegation for a series of strategic discussions aimed at expanding bilateral cooperation between the two (...)
Egyptian Foreign Minister Badr Abdelatty began a five-nation tour of West Africa on Monday, leading a high-level business delegation in a push to bolster economic ties and deepen security cooperation across a region facing significant (...)
On behalf of President Abdel Fattah Al-Sisi, Central Bank of Egypt (CBE) Governor Hassan Abdalla participated in the official opening of the African Export-Import Bank's (Afreximbank) 32nd Annual Meetings, held recently in Abuja, Nigeria. The 2025 (...)
Egypt's central bank Governor Hassan Abdalla took part this week in the 32nd Afreximbank Annual Meetings (AAM2025) in Abuja, Nigeria, representing President Abdel Fattah El-Sisi as the country seeks to strengthen its leadership role in African (...)
Egypt is set to host the seventh edition of Big 5 Construct Egypt from June 17 to 19 in Cairo, with a strong focus on sustainable building, digital transformation, and regional infrastructure development. The event, co-located with the third edition (...)
Central Bank of Egypt (CBE) Governor Hassan Abdalla met on Tuesday with his Nigerian counterpart Olayemi Cardoso to discuss expanding bilateral cooperation in banking and financial services, the CBE said in a statement.
Talks at the CBE headquarters (...)
Egypt's Foreign Minister Badr Abdel-Aty visited the Abuja headquarters of Arab Contractors on Tuesday, in a bid to strengthen Egypt's economic footprint across Africa and support national companies expanding into regional markets.
During the visit, (...)
Egypt, represented by the Future of Egypt for Sustainable Development Authority, and Nigeria, represented by Dar Al Halal Group of Companies, signed a memorandum of understanding on Monday evening in Abuja to enhance joint cooperation in managing (...)
Nigerian President Bola Ahmed Tinubu received Egyptian Foreign Minister Badr Abdel-Aty on Monday evening. During the meeting, Abdel-Aty delivered a written message from President Abdel Fattah El Sisi, reaffirming the strength of bilateral relations (...)
Nigeria formally backed Egypt's candidate for UNESCO Director-General, Khaled El-Anany during a high-profile business forum in Abuja on Monday, in a show of growing diplomatic and economic alignment between two of Africa's largest economies.
The (...)
Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a 6.5 per cent increase, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports to African (...)
Egyptian Foreign Minister Badr Abdel-Aty reaffirmed the African Union's backing of Dr Khaled El-Anany's candidacy for Director-General of UNESCO. He said the endorsement reflected the Union's confidence in the Egyptian nominee's credentials, (...)
Nigeria has approved a phased plan to refinance 4 trillion naira ($2.61 billion) in electricity sector debt to stabilise the country's struggling power industry and improve supply, Finance Minister Olawale Edun announced Thursday.
The debt, owed (...)
Egypt, with an overall score of 49.91 out of 100, has secured a position within the top three best-performing countries in Africa, alongside Morocco (49.17), in a new exclusive ranking by Jeune Afrique. South Africa leads the list of 20 nations with (...)
Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a 6.5 per cent increase from 2024, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports (...)
Trade between Egypt and African Union (AU) countries reached $9.8bn in 2024, up from $9.2bn in 2023, marking a 6.5% year-on-year increase, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The announcement coincides (...)
Nigeria's Dangote Petroleum Refinery and Petrochemicals has signed a partnership protocol with global distributor Vinmar Group to export polypropylene produced at its $2 billion petrochemical plant in Lagos. The facility, which began production in (...)
Elsewedy Electric, a leading integrated energy and infrastructure solutions provider across Europe, the Middle East, and Africa, has acquired a 60% stake in Thomassen Service, including its Middle East and Africa business unit (TSME), filter (...)
The African School of Governance (ASG) has arrived in Cairo as part of its ambitious African tour to shape the continent's next generation of public leaders. Following a successful launch in Lagos earlier this year, ASG's visit to Egypt coincides (...)
The 41st edition of the Africa and Middle East Depository and Central Clearing Houses (AMEDA) annual Forum is taking place in Lagos, Nigeria, on Wednesday, April 23, 2025. Hosted by the Central Securities Clearing System (CSCS) Plc, the three-day (...)
The Africa and Middle East Depositories Association (AMEDA) is set to host its 41st annual forum in Lagos, Nigeria, from April 23 to 25, 2025. It will bring together key stakeholders to discuss the future of financial markets and infrastructures in (...)
Mohamed El-Shimy, Minister of Public Enterprises, and Ali El-Ghamrawy, Chairperson of the Egyptian Drug Authority (EDA), conducted an extensive field visit to subsidiaries of the Holding Company for Pharmaceuticals, Chemicals, and Medical Supplies. (...)
Egypt's Ministry of Foreign Affairs and Migration hosted a meeting on Sunday for the Arab-Islamic Ministerial Committee on Gaza with the European Union's High Representative for Foreign Affairs and Security Policy Kaja Kallas.
In a joint communique, (...)
AliExpress, the global online retail marketplace, has announced a major expansion in its payment options for shoppers across Africa, including Egypt, South Africa, Algeria, Ethiopia, Morocco, and Tanzania. This initiative, launched in March, aims to (...)
