With $20.1 billion in remittances in 2021, Nigeria was the second-highest recipient in Africa, trailing only Egypt ($28.3 billion). Although Egypt and Nigeria received over half...
Egypt Turns to UAE for $400 Million Loan to Tackle Wheat Shortage amid Soaring Commodity Prices
Seamless North Africa 2023 witnesses the historic signing of a Memorandum of Understanding (MOU) between the Central Bank of Nigeria (CBN) and the Central Bank of...
Record-breaking inflation in Egypt raises concerns over price stability and economic growth
Egypt has joined Africa Finance Corporation, the continent’s leading infrastructure solutions provider, as the first North African sovereign shareholder, further diversifying AFC’s expanding equity investor base....
The Chairman of Egypt’s Holding Company for Biological Products and Vaccines (VACSERA), Dr. Heba Wali, has revealed that the country is set to produce 60% of...
Several Nigerian residents in Egypt have lamented the high cost of registration for their businesses in the North African country. Airing their woes, the Nigerian community...
The Board of Directors of the African Development Bank have approved an €83 million loan to finance the second phase of Egypt’s Electricity and Green Growth...
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB) and the United Nations Industrial Development Organization (UNIDO) today held...
The African Development Bank Group has signed financing agreements of €109 million with the Government of Egypt to improve sanitation infrastructure and services for rural communities in...