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PayTabs Egypt Partners with mnGm to Initiate Card Acceptance for Gold Purchases Online for the First Time in Egypt

EFG Hermes 2020 revenues seen a leap of 12% year-on-year

CIB records net income of EGP 2.35 bn for Q32020

South Africa’s economy sees major rebound during Q3

South Africa allocates $66m to help farmers affected by COVID-19

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Banking Bitcoin Blockchain Development partners Ethereum Export Financial products

Egypt, UK signs a post-Brexit trade agreement

Egypt and the United Kingdom have signed an association agreement to strengthen political and trade ties between the two countries, the agreement will govern their relations after Brexit, according to…
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Egypt committed to supporting African countries to achieve success for AfCFTA: PM

Egypt “renews its commitment” to providing all forms of support to fellow African countries in order to ensure the success of the African Continental Free Trade Area (AfCFTA), according to Egyptian…
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Ethiopia, Tanzania now hold Africa’s largest livestock population

Ethiopia has the largest livestock than any other country in Africa, making the East African powerhouse the continent’s best destination for leather and meat factories.
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Egypt’s poverty rate falls for first time since 1999

Egypt’s poverty rate declined to 29.7 percent in FY 2019/2020, down from 32.5 percent two years earlier, according to the poverty, consumption, and income research conducted by the Central Agency for…
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China to reduce lending to Africa in the post-COVID-19 era

Chinese infrastructure lending to African countries is widely expected to slow over the next 1-2 years amid mounting debt sustainability concerns.
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Many of Africa’s oil companies in distress or battling with liquidity amid COVID-19

Global law firm Baker McKenzie’s recent Global Oil and Gas Survey: Response to the Oil Price Crisis, outlines how before the outbreak of the COVID-19 pandemic, the global oil and gas industry was at…
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Japan’s Nissan sets up new business unit for African region

Japanese automotive group Nissan is to set up a new regional business unit for Africa as it seeks to boost manufacturing capacity and penetrate one of the world’s biggest undeveloped new car markets.
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