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 (...)
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 (...)
The Egyptian Drug Authority (EDA) Chairman Ali El-Ghamrawy welcomed an official delegation from the Zambia Medicines Regulatory Authority (ZAMRA) to strengthen bilateral cooperation in the pharmaceutical sector and facilitate the registration of (...)
Zambia's Health Minister Elijah Julake Moshima visited Egypt's Arab Organisation for Industrialisation (AOI) as part of President Abdel Fattah El Sisi's directives to enhance cooperation with African countries, the Cabinet reported on (...)
An official Zambian delegation visited the Nasr City Free Zone in Cairo to explore Egypt's experience in free zone management and the incentives offered to companies. The delegation, led by Director General of the Zambia Development Agency, Albert (...)
Egypt and Zambia on Monday signed a memorandum of understanding (MoU) aimed at boosting investment cooperation and economic partnerships.
The agreement establishes a framework for collaboration in key sectors, including industry, transport, (...)
Egypt's President Abdel Fattah Al-Sisi emphasized Egypt's commitment to sharing its development expertise and providing comprehensive support to Zambia to bolster the capabilities of its workforce in key sectors. This effort will also focus on (...)
Egyptian and Zambian officials met to discuss ways to strengthen economic relations between the two countries, focusing on enhancing trade and investment cooperation. Hassan El-Khatib, the Egyptian Minister of Investment and Foreign Trade, met with (...)
Trade between Egypt and Zambia declined to $96 million in 2024, down from $183 million in 2023, according to data from Egypt's official statistics agency, CAPMAS on Monday.
Egyptian Exports to Zambia
Egypt's exports to Zambia nearly doubled, (...)
President Abdel Fattah El Sisi announced that Egypt and Zambia have agreed to enhance bilateral cooperation in political consultation, investment promotion, agriculture, aquaculture, and infrastructure. His remarks came during a joint press (...)
Egypt's Minister of Agriculture and Land Reclamation, Alaa Farouk met on Wednesday with Naoufel Telahigue, head of the International Fund for Agricultural Development (IFAD)'s Multi-Country Office for North Africa and Eastern Europe, to discuss ways (...)
Zambia and Saudi Arabia have formalised a debt restructuring agreement to reschedule more than $130m of Zambia's debt to the Arab nation, according to DNE Africa.
The agreement was signed on Thursday in Lusaka by Zambian Minister of Finance and (...)
Egypt's Minister of Environment, Yasmine Fouad, participated in the Second Roundtable of the African Forum of Environmental Protection Agencies (AFEPA) in Cairo, hosted by CEDARE in collaboration with the UNEP Regional Office, from 3 to 5 December. (...)
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 total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from the previous year's $8.7 billion, according to data from the Central Agency for Public Mobilisation and Statistics (CAPMAS).
Export (...)
Zambia raised its benchmark interest rate to 14 per cent on Wednesday as inflation continues to surpass the Bank of Zambia's target range of 6-8 per cent.
The central bank cited persistent inflationary pressures as the primary reason for the hike, (...)
Within the context of Egypt's commitment to enhancing cooperation with African countries across various fields, the Central Bank of Egypt (CBE) welcomed a delegation from Zambia and Eswatini for three days to learn about the CBE and banking sector's (...)
The European Union (EU) has decided to resume its Budget Support Programme for Zambia for the first time in a decade, disbursing an initial tranche of €20 million (around $22 million).
The first payment is part of a larger €60 million package set to (...)
The World Health Organisation (WHO), in partnership with several multilateral development banks (MDBs), has introduced a $1.5 billion platform aimed at enhancing primary healthcare services in 15 low- and middle-income countries (LMICs).
WHO and its (...)
Egypt's Foreign Minister Badr Abdelatty held a series of bilateral meetings with African leaders and officials on the sidelines of the 79th session of the United Nations General Assembly in New York, highlighting Egypt's commitment to fostering (...)
NEW YORK – Egypt's Foreign Minister Badr Abdelatty met with Mulambo Haimbe, Minister of Foreign Affairs and International Cooperation of the Republic of Zambia, on the sidelines of the 79th session of the UN General Assembly.
Abdelatty expressed his (...)
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 (...)
China signed on Wednesday an agreement to revamp the Tazara railway, a vital transportation link between Zambia and Tanzania. The project, which was originally built with Chinese assistance in the 1970s during the Mao Zedong era, aims to boost (...)
Central Bank of Egypt (CBE) Governor Hassan Abdalla held bilateral meetings with the governors of the central banks of Zambia, Mauritius, and Nigeria. These meetings focused on strengthening co-operation among the three African central banks.
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 (...)
