AfDB President Adesina, offers loan to Cameroon The African Development Bank (AfDB) has approved a €17.96 million loan to the Republic of Cameroon to finance...
Egyptian President Abdel Fattah el-Sisi (R) receives Saudi Crown Prince Mohammed bin Salman (L) – Reuters After a two-day visit to Egypt by Saudi Arabia’s...
The Central Bank of Kenya (CBK) governor Patrick Njoroge has reiterated that the Kenyan shilling is properly valued and that its value is only dependent on...
Egyptian President Abdel Fattah al-Sisi meets with Saad al-Hariri, who announced his resignation as Lebanon’s prime minister from Saudi Arabia, at the Ittihadiya presidential palace in...
Twenty-two withdrawals totalling 3.12 billion dollars were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central Bank of Nigeria (CBN) in...
CAIRO – 21 November 2018: Russian Metprom Group announced its attention to set up two projects in Egypt with total investments of €210 million, according to...
Nigeria has granted a three-year tax exemption and export incentives to intending tourism investors. The Minister of Information and Culture, Alhaji Lai Mohammed, said on Wednesday...
Kenya has pumped $300 million into the market to protect its shilling against soaring dollar. Analysts predict that the shilling could hit 105 units to the...
Mr Okechukwu Enelamah, Minister of Industry, trade, and Investment, signs deal with UNIDO The federal government and UNIDO have signed a $60 million new country...
During signing the document – Press Photo Egypt and the Eurasian Economic Union (EAEU) signed a framework document for negotiations on the free trade agreement...
Algeria is backtracking on some economic reforms such as cutting costly subsidies as the country wants to minimise the risk of protests before presidential elections next...
Egypt’s unemployment rate declined 1.9 percent during the third quarter of 2018 to 10 percent, compared to the same quarter of 2017, according to the Central...
Egypt’s trade deficit increased 8 percent during August 2018, recording $3.95 billion, compared to $3.66 billion in the same month of 2017, according to the state...
Minister of Finance, Mrs Zainab Ahmed(Middle) The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series international bond under its Global Medium...
A diplomatic row has erupted between Burundi and Kenya after Bujumbura demanded that Kenya Airways’ low-cost partner, Jambojet, deploy a bigger aircraft with business class seats...
H.E. Khalid Naser Al-Roudan, Kuwait’s Minister of Commerce & Industry – CC KUWAIT – 7 November 2018: Kuwaiti Trade and Industry Minister Khaled Al Roudan said...
CBE Governor Tarek Amer- Reuters photo CAIRO – 5 November 2018: Egypt’s foreign reserves increased by $40 million by the end of October 2018 to...
CAIRO – 1 November 2018: Egypt’s economic growth rate is expected to hit 5.5 percent in fiscal year 2018/2019, compared to 5.3 percent in the previous...
President Abdel Fatah al-Sisi reacts after delivering a speech at the lower house of parliament in Tokyo on February 29, 2016 – Reuters BERLIN –...
ABU DHABI – 29 October 2018: Mahmoud Mohieldin, the World Bank Group Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships, underlined...
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