Africa’s startup ecosystem is no longer a nascent curiosity; it’s a vibrant, innovative powerhouse rapidly gaining global recognition and attracting significant international investment. Once overlooked, the continent is now celebrated …
Nigeria has emerged as the third most active country in Africa for hotel development, with 48 hotel projects and 7,320 rooms currently in the pipeline, according to the 2025 Hotel …
The Taraba State Government has announced plans to host the Taraba State International Investment Summit (Taravest 2025) on May 21 in Jalingo, as part of efforts to unlock the state’s …
The Egyptian Ministry of Finance has announced new steps to boost economic activity and encourage private sector growth. The move also targets support for key industries in the country. These …
Egypt has recorded its biggest drop in external debt in history, reducing its foreign debt burden by about US$12.9 billion in 2024. This brings the total to $155.093 billion by …
The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
Libya has announced plans to hold its first oil exploration bidding round in nearly two decades, a major step towards reviving its energy sector. The announcement was made on Monday …
The International Monetary Fund (IMF) has released $1.2 billion to Egypt as part of the country’s ongoing economic reform plan. This marks the fourth payment under the Extended Fund Facility …
Hossam Hazaa, a member of the Egyptian Tourism Federation (ETF), has stated that tourism rates in Egypt have increased by 15% to 20% in some areas. He attributed this growth …
Egypt’s Prime Minister, Mostafa Madbouly, has announced that the country’s unemployment rate dropped to 6.4% in the fourth quarter (Q4) of the 2024/2025 fiscal year. This marks one of the …
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