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Egypt

Egypt and Siemens Gamesa Sign Agreement for 500-Megawatt Wind Power Plant

March 20, 2025 Khalid Al Mouahidi 0

The Egyptian Electricity Transmission Company (EETC) signed an agreement with Siemens Gamesa Renewable Energy (SGRE) on Wednesday March 19 to establish a 500-megawatt wind power […]

EGYPT: SCZone Signs $10 Million Deal with Chinese Textile Firm to Establish Garment Factory in Qantara West

March 18, 2025 Khalid Al Mouahidi 0

The Suez Canal Economic Zone (SCZone) has signed a land usufruct agreement with Jiangsu Guotai, a leading Chinese textile and garment company, to establish a […]

Egypt: C3 Capital Fund 1 Launched to Boost Liquidity and Growth in Capital Markets

March 14, 2025 Khalid Al Mouahidi 0

In a pioneering move for Egypt’s financial landscape, Compass Capital and CI Capital have joined forces to establish the country’s first onshore private equity fund, […]

Egypt Reaffirms Support for Sudan’s Stability and Reconstruction Efforts

February 26, 2025 Khalid Al Mouahidi 0

Egypt has reaffirmed steadfast support for Sudan and its national institutions, and expressed hope for a resolution to the crisis that would safeguard the country’s […]

Somalia and African Union Finalize Troop Contributions for New Mission

February 26, 2025 Steven Addamah 0

The Somali Government and the African Union (AU) have reached on February 25 a final agreement regarding troop contributions for the new AU Mission in […]

Africa’s most influential nations, according to Brand Finance 2025 rankings

February 24, 2025 Khalid Al Mouahidi 0

Brand Finance’s latest Global Soft Power Index reveals a shifting landscape of influence across Africa, with only three nations, including Morocco, securing positions in the […]

Egypt to Raise $2bn Through International Bond Issuance in next February

January 31, 2025 Khalid Al Mouahidi 0

In a move to strengthen its financial position, Egypt is set to raise up to $40 billion through its global medium-term note programme. As part […]

Egypt Secures $231 Million Loan from Japan to Boost Private Sector, Green Economy Transition

January 21, 2025 Khalid Al Mouahidi 0

Egypt has secured on January 20 a $231 million concessional loan from the Japan International Cooperation Agency (JICA) to support the development of its private […]

Egypt and UN back Lebanon’s new Government, express optimism for future stability

January 20, 2025 Steven Addamah 0

Egyptian Prime Minister Mostafa Madbouly and UN Secretary-General António Guterres have both extended their support to Lebanon’s newly appointed Prime Minister, Nawaf Salam, as the […]

Somalia and Ethiopia Resolve Dispute Over Somaliland, MoU, Set to Strengthen Diplomatic Ties

January 15, 2025 Steven Addamah 0

Somalia has announced that obstacles preventing Ethiopia’s participation in the new African Union mission in Somalia (AUSSOM) have been resolved. This follows the resolution of […]

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