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.

Stunning aerial view of Marrakech cityscape with Atlas Mountains in the background.
AfricaBusiness

IFC pays $111m for Morocco’s waste

By
Africaspoint Editorial

The IFC approved a €95 million ($111 million) loan for Morocco's OCP Group to build a 22-million-tonne phosphogypsum storage facility…

AfricaEgypt

Morocco’s OCP makes Africa’s first dollar hybrid bond

By
Africaspoint Editorial

Morocco's OCP Group raised $1.5 billion through Africa's first US dollar corporate hybrid bond, 4.6 times oversubscribed with $7 billion…

EgyptInfrastructure

Egypt opens Africa’s longest monorail line

By
Africaspoint Editorial

President Sisi inaugurated the 56.5km East Nile Monorail on March 20, connecting Cairo Stadium in Nasr City to the New…

oil, petkim, tüpraş, kocaeli, turkey, sea, nature, view, refinery, natural gas
AfricaEgypt

Nigeria’s gas is finally heading to Europe

By
Africaspoint Editorial

After fifty years of studies, MoUs, and false starts, the Trans-Saharan Gas Pipeline has a technical team on the ground…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Cairo Egypt city technology and startup ecosystem

Egypt raised $604m in tech funding in 2025

Morocco’s $23bn World Cup investment opens to Spain, Portugal

Africa GeographyAfrican Union

Egypt is in Africa, not Asia

Nuclear power plant cooling towers and infrastructure under construction
Abdel Fattah el-SisiEl Dabaa

Egypt Joins the World’s Top Nuclear Builders with a $28.75bn, 4-Reactor Bet

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