African Export-Import Bank signs several agreements to boost continent’s economic sectors
African Export-Import Bank (Afreximbank) has signed several agreements with various partners to boost different economic sectors in Africa. FDH Bank Malawi and Afreximbank signed a facility agreement worth $10m. The…
Afreximbank finances Nigeria’s first oil project with capacity of 650k barrels/day
Benedict Oramah, the President and Chairperson of the African Export-Import Bank (Afreximbank), announced the completion of the first oil production project initiated by Nigeria. Oramah said that this project will…
46 AfCFTA members sign cooperation protocols to support e-commerce in Africa: Afreximbank
Emily Mburu-Ndoria, Director of Trade in Services, Investment, IPR, and Digital Trade at the African Continental Free Trade Agreement (AfCFTA), announced that several cooperation protocols have been signed to support…
Arab-Islamic Summit supports Egypt’s efforts to deliver aid to Gaza
Situation in Gaza exposes evils of double standards, imbalance of logic: Al-Sisi
Genocide in Gaza: Israel intensifies attacks on hospitals, civilians
Gaza’s Interior Ministry urges Arab, Islamic action to stop Israeli aggression
Egypt’s annual urban inflation drops to 35.8% in October 2023: CAPMAS
Central Bank aims for 7% (±2%) inflation in 2024, 5% (±2%) in 2026
Government plans to sell HHD to strategic investor
NI Capital, a subsidiary of the National Investment Bank, has chosen an independent financial advisor to assess the fair value of Heliopolis Company for Housing and Development (HHD), one of…
Egypt, 71 other countries issue urgent appeal for Gaza ceasefire, humanitarian aid
The permanent representative of Egypt to the UN in Geneva, Ahmed Ehab Gamal El-Din, joined the ambassadors and representatives of 71 other missions in Geneva to issue an urgent appeal…
Africa Investment Forum secures $34.82bn in investment interests
MARRAKESH, Morocco - The Africa Investment Forum (AIF) 2023 Market Days concluded today with a resounding success, securing $34.82bn in investment interests. This remarkable achievement, all in just 72 hours,…
Africa Investment Forum: Experts call for investment to harness continent’s mineral wealth
Marrakech – Experts at the Africa Investment Forum 2023 (AIF 2023) have called for investment in infrastructure, innovation, sustainable practices, and local industrial development to harness the continent's strategic mineral…