Egypt officially assumed the presidency of the African Continental Free Trade Area (AfCFTA) Council of Ministers, succeeding Tanzania at the body's 16th session in Kinshasa, capital of the Democratic Republic of the Congo.
According to a government (...)
Egypt's central bank governor Hassan Abdalla called for stronger global policy coordination to support emerging markets hit by trade wars, supply chain disruptions, and volatile investment flows.
Speaking at the G20 finance ministers and central (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the second meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG), held on 23–24 April 2025. The meeting took place on the sidelines of the Spring Meetings (...)
Amr Talaat, Egypt's Minister of Communications and Information Technology, held a high-level meeting with Shameel Joosub, CEO of Vodacom Group, Mohamed Kamal Abdallah, CEO and Managing Director of Vodafone Egypt, and a visiting delegation from South (...)
South Africa's presidency responded to new US tariffs on Thursday, calling for the negotiation of a new trade deal to ensure long-term trade certainty. US President Donald Trump's announcement on Wednesday included global reciprocal tariffs, with a (...)
The China Civil Engineering Construction Corporation (CCECC) will invest $1.4 billion under a 30-year concession to upgrade the Tanzania-Zambia railway (TAZARA), the line's operator announced Thursday.
TAZARA serves as a crucial export route for (...)
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 (...)
Afghanistan's Ministry of Commerce and Industry reported on Sunday that the country's international trade in goods amounted to $295 million in the Persian calendar year 1403.
From March 20, 2024, to March 20, 2025, the country exported goods valued (...)
US President Donald Trump said on Saturday he had ordered the military to launch "decisive and forceful military action" against the Houthi group in Yemen, pledging to use "overwhelming deadly force" until Washington achieves its objectives.
US (...)
Governor of the Central Bank of Egypt (CBE), Hassan Abdalla emphasised the need for enhanced global economic cooperation and innovative financing solutions during the first G20 Finance Ministers and Central Bank Governors Meeting held on February (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), led Egypt's delegation at the first 2025 meeting of the G20 Finance Ministers and Central Bank Governors, held in South Africa. The delegation included Rami Abulnaga, Deputy Governor of (...)
Egypt's Food Export Council (FEC) has announced the launch of its first-ever trade mission to South Africa, aimed at expanding business opportunities for the food industries sector in the South African market.
The mission is scheduled to take place (...)
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has called for financial reform at the G20 Meeting in South Africa. Al-Mashat participated in a high-level workshop on financing for development as (...)
Egypt's Deputy Foreign Minister, Ambassador Abu Bakr Hefny Mahmoud, has attended the G20 Foreign Ministers' Meeting in Johannesburg, South Africa, representing the Minister of Foreign Affairs, Badr Abdelatty.
Speaking on 21 February during the (...)
Amre Moussa, a venerable statesman in both Egyptian and Arab diplomacy, the Chair of the Constituent Assembly which drafted the Egyptian Constitution, Egypt's former Minister of Foreign Affairs and former Secretary-General of the Arab League, has (...)
Egyptian Foreign Minister Badr Abdelatty and South African Minister of International Relations and Cooperation Ronald Lamola discussed bilateral relations and potential avenues for increased cooperation in a phone call Saturday. The conversation (...)
Rania Al-Mashat, Egypt's Minister of Planning, Economic Development, and International Cooperation, argued for a restructuring of the global financial system to better aid emerging economies at the 2025 World Economic Forum (WEF) in Davos, (...)
The adoption of generative artificial intelligence (AI) technologies could generate up to $600 billion in economic benefits for BRICS+ countries by 2030, according to a report by consulting firm Yakov and Partners.
The study highlights that the (...)
Mohamed Maged, Executive Director of the Chemical and Fertilizer Export Council, has urged the government to provide incentives and benefits to develop advanced infrastructure for plastic waste collection and recycling.
Speaking during the Circular (...)
كشفت تقارير صحفية، عن أخر تطورات مستقبل بيرسي تاو مع النادي الأهلي، بعد الأنباء التي تؤكد على رغبة المارد الأحمر في التخلص من اللاعب في انتقالات يناير.
يرتبط الجنوب أفريقي بيرسي تاو بعقد مع الأهلي ينتهي في يونيو 2025، لكن عدم مشاركته بإستمرار تحت (...)
South Africa's annual inflation edged up to 2.9 per cent in November, slightly higher than 2.8 per cent in October, with no change in the consumer price index (CPI) month-on-month (MoM), Statistics South Africa reported on Wednesday.
Food inflation (...)
South Africa's current account deficit narrowed to R70.8 billion in the third quarter of 2024, from a revised R75.3 billion in the second quarter. As a percentage of gross domestic product (GDP), the current account deficit remained stable at 1.0 (...)
South Africa's producer price index (PPI) for final manufactured goods decreased 0.7 per cent year-on-year in October 2024. This indicates a 0.7 per cent decline in prices from September 2024 to October 2024.
The primary contributors to this annual (...)
Goldman Sachs forecasts South Africa's inflation to average 3.3 per cent in 2024, significantly below the central bank's 4 per cent projection and the 4.2 per cent median estimate of Bloomberg's surveyed economists.
The bank's economist Andrew (...)
TotalEnergies is seeking approval to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, as per documents from SLR showed on Tuesday.
Shell and other oil companies (...)
