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.

Cairo Egypt city technology and startup ecosystem
BusinessEgypt

Egypt raised $604m in tech funding in 2025

By
Africaspoint Editorial

Egypt raised $604 million across 100 deals in 2025, a 37% year-on-year increase, ranking third in Africa by both funding…

BusinessEgypt

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

By
Africaspoint Editorial

The Morocco-Spain-Portugal Business Forum on the 2030 FIFA World Cup opened in Salé in February, as Morocco's total World Cup-linked…

AfricaEditorial

Egypt is in Africa, not Asia

By
Africaspoint Editorial

Egypt is an African country. Its entire landmass sits within Africa. The confusion stems from the Sinai Peninsula, a small…

Nuclear power plant cooling towers and infrastructure under construction
AfricaEgypt

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

By
Africaspoint Editorial

Egypt has emerged as one of only a handful of countries actively building four nuclear reactors simultaneously, placing it alongside…

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…