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Germany funds Tunisia’s coastline protection with €15-million
The German Bank of Development, KfW, has earmarked €15 million to fund the Tunisian Coastal Protection Program-Phase V (PPLT), meant to protect the coasts of Tunisia against climate change…
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World Bank backs Morocco’s social reforms with $400 million
The World Bank has approved a $400 million loan in support of Morocco’s social protection reforms and strengthening the resilience of households to the pandemic repercussions.
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South Africa allocates $66m to help farmers affected by COVID-19
South Africa will make available about $66m to help small-scale farmers hit hard by the coronavirus pandemic.
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African free trade deal AfCFTA to commence on Jan. 1, 2021
The implementation of a mammoth African free trade agreement will begin on January 1, an official in the African Union (AU) announced on Monday.
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African Development Bank’s investments are transforming the continent
Investments by the African Development Bank are paving the way to unlock Africa’s economic potential, according to the 2020 Annual Development Effectiveness Review.
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‘Silencing the Guns’ initiative important for economic, social development in Africa, Egypt PM
Egypt’s Prime Minister Mostafa Madbouly has emphasised the importance of the African Union’s (AU) “Silencing the Guns” initiative to end conflict and achieve the Agenda 2063 for sustainable…
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Egypt-Sudan railway may be financed through Kuwait Fund
The Kuwait Fund for Arab Economic Development may fund the 900-km railway linking Egypt and Sudan, according to local reports, citing an unnamed government official.
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Egypt’s net international reserves stood at $39.2 bln by November end: CBE
The World Bank is seeing Egypt the top recipient of remittances in the Middle East and North Africa region in 2020 to receive $24.4 billion
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Egypt ranked 1st in Africa, 3rd in MENA in coronavirus resilience ranking: Bloomberg
Egypt has been ranked first across Africa, third in the Middle East region, and 25th globally in Bloomberg’s coronavirus resilience ranking, according to an infographic published on Saturday by the…
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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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