Business Policies

Bloomberg – Egypt has selected six international banks to manage the sale of its first sovereign Islamic bonds worth $2 billion, Bloomberg reported citing people familiar with the decision. The …

(Bloomberg) — CDC Group, the U.K.’s development-finance arm, will provide a $100 million credit facility to First Bank of Nigeria Ltd. to help support women-owned businesses and small companies in …

Ethiopia has begun generating electricity from the controversial mega-dam that is being built on the Blue Nile. The milestone was reached on Sunday morning when one of the 13 turbines …

Nigeria’s economy grew faster than forecast by the central bank and government last year after an expansion in the agriculture and trade industries in the fourth quarter offset a sharp …

A leisure of Covid-19 restrictions prompted a lift in client spending and a rebound in Japan’s economy over the last three months of 2021, although the bounce was not as …

After being postponed several times because of the Covid-19 pandemic, this month’s European Union-African Union Summit in Brussels (February 17-18) will bring together European and African heads of state and …

Abu Dhabi Commercial Bank (ADCB) Egypt has announced its financial results for 2021, marking its first year of operation in Egypt. Full of achievements, 2021 reflects the success of the …

Africa’s largest economies performed poorly in a global report ranking of 187 nations that appeal to High-Net-Worth Individuals (HNWI). The 2022 World Citizenship Report (WCR) found that Africa’s dominant nations …

Electric vehicle charging network provider Infinity-E is in talks with the Egyptian government over plans to roll out 6,000 charging stations across the country. The company is negotiating with the …

Egypt’s annual headline inflation rate increased to 8% in January 2022, up from 4.8 per cent in January 2021, according to a press statement issued by the Central Agency for …