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Arabs in AFCON: many appearances with little achievements

CAF Africa Cup of Nations (AFCON) is one of the largest continental competitions awaited by football fans from the moment its last match ends to the moment the new championship starts. AFCON is organised by the CAF every two years to determine the continent’s champion. It is ranked third in the world after the FIFA …

Daily News Egypt

AFCON mascots mirror cultural heritage of Africa

Mascots have always been used in sports competitions for promotion and marketing purposes and to cheer up the fans who come from all over the world to enjoy the sports. Mascots are also used for charity tours. Stemmed out from their cultures, African nations have been creative in choosing mascots for the sports events. In …

Daily News Egypt

KarmSolar identified among companies to inspire Africa 2019: LSEG’s report

KarmSolar, Egypt’s fastest growing solar energy solutions company, has been identified by the London Stock Exchange Group (LSEG) as one of the Companies to Inspire Africa 2019 listing. The LSEG report acknowledged Africa’s most dynamic businesses. Companies need to be privately held, and show an excellent rate of growth and potential to push African development, …

Daily News Egypt

Africa on path towards resolving economic challenges

It is estimated that by 2030, one in five people will be African. Given the continent’s population size, Africa’s labour force has the potential to prompt the global growth for decades. However, in order to do that, Africans must implement the necessary reforms today. As its population matures, governments, institutions, and organisations need to help …

Shaimaa Al-Aees

Stronger Egypt’s economy accelerates African growth: Afreximbank

Global growth is projected to strengthen to 3.9% in 2018 up from 3.7% in 2017, benefiting from the improvement of market sentiment, still-accommodative financial policies, strong global demand, and synchronised output expansion in both developed and developing economies, according to the African Export-Import Bank (Afreximbank) outlook to economy performance that will affect the scene in …

Daily News Egypt

More investments, promotion required to boost Egypt’s presence in Africa

Ambassador Gamal Bayoumi, secretary-general of the Arab Investors Union (AIU), said that injecting more direct Egyptian investments in the African market will significantly help in boosting Egypt’s presence in the continent. He added in an interview with Daily News Egypt that Egypt must take real action on the ground, not only organising events, to succeed …

Doaa A. Moneam

Cairo tops Africa’s cities in terms of FDI attraction in UN-Habitat report

Egypt’s capital Cairo held the first place in Africa in terms of volume of foreign direct investments (FDI) attracted, followed by South Africa’s Johannesburg in second place, then Morocco’s Tangier in third, Nigeria’s Lagos as fourth, and Morocco’s Casablanca ranked as fifth, according to the latest report issued by United Nations Human Settlements Programme, (UN-Habitat). …

Mohamed Samir