Egypt
Egypt business news from Cairo and Alexandria. Suez Canal updates, energy projects, North African trade, and investment intelligence from the Arab world’s largest economy.
Morocco reclaims BMCI from BNP Paribas
Morocco's Holmarcom Finance Company signed an agreement on April 29 to acquire BNP Paribas's full 67% stake in BMCI, one…
Egypt’s FDI hits $9.3bn, economy grows
Egypt's net FDI reached $9.3 billion in H1 FY2025/26 (July to December 2025), up 55% from $6 billion a year…
OCP backs $150m Africa agro-industrial fund
Morocco's OCP Group and France's Bpifrance launched the $150 million Seed of Africa Investment Fund at the Africa Forward Summit…
$25bn Nigeria-Morocco pipeline deal locks in
Nigeria and Morocco will sign an intergovernmental agreement in Q4 2026 for the $25 billion African Atlantic Gas Pipeline, a…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…