- Kenya’s economy falls to a four-year low on mining and construction
- NSE top African stocks markets in race for dollar investors
- AXA Climate launches new Altitude platform to help businesses and industry adapt to climate change
- DRC overtakes Kenya and Uganda as Tanzania’s leading export destination
- Ethiopia’s khat exports to Somalia fall on diplomatic tensions
- Ghana’s Central Bank slashes rate in eight months as inflation eases
- IMF, Kenya tensions loom as state enterprises’ sales blocked
- Congo Terminal will invest more than 400 million euros in a new port terminal at the Port Autonome de Pointe-Noire
Browsing: Egypt
African Export-Import Bank (Afreximbank) has signed a formal agreement for the acquisition of land for the New Administrative Capital African…
The volume of Islamic banking services in Egypt stood at around 429 billion Egyptian pounds EGP (more than 27 billion…
Commercial International Bank’s consolidated net profit for the full year 2021 was approximately EGP 13.3 billion (approximately USD 845 million),…
Egypt and Sudan each condemned, on Monday, February 21, the start of electricity production from the Grand Renaissance Dam (GERD)…
EFG Hermes, the largest investment bank in Egypt, announced on Monday February 21 that it had received the approval of…
The Egyptian economy recorded a growth of 9% in the first half of the financial year 2021/22, after achievements of…
Tourism revenues exceeded $13 billion in 2021 in Egypt, returning to their pre-pandemic level, according to Ghada Shalaby, the responsible…
Egypt is expected to achieve economic growth of 5.7% for the financial year 2022-2023, as well as a primary surplus…
Tamer Adel Seif El-Din has been the Chief Executive Officer and Managing Director of the Arab Investment Bank (aiBANK) since…
Italian company Eni has won five new exploration permits obtained from the Egyptian Ministry of Petroleum and Mineral Resources, after…
Greek gas importer Depa could soon source LNG from Egypt. Energy ministers of the two countries signed a memorandum of…
Commercial International Bank (CIB), the main bank in the Egyptian private sector, has launched its green bond program to mainly…
Alstom’s board of directors announced on November 8, 2021, the signing of an agreement worth 876 million euros for the…
The Egyptian agency responsible for the development of medium, small and very small enterprises (MSMEDA) has partnered with Banque Misr…
The Central Bank of Egypt (CBE) said on Thursday (June 3) that net international reserves increased by about $ 125…
Cairo-based digital bank Telda has raised $ 5 million as part of a pre-seed funding round. This is the largest…
After receiving the necessary regulatory approvals, First Abu Dhabi Bank (FAB), led by its CEO, Hana Al Rostamani, announced that…
The overall inflation rate stood at 4.3% in January 2021 against 5.4% in December 2020 in Egypt, according to data…
Africa attracted a total of USD 38 billion in foreign direct investment (FDI) in 2020, down 18% from 2019, according…
The Ambassador of Egypt in Côte d’Ivoire, HE Dr. Wael BADAWI, received today, Friday January 15, 2021, the Babacar NDIAYE…
Egypt has just approved the construction of the country’s first dry port. The facility, announced in the city in the…
The French Development Agency (AFD) has granted 715.6 million euros ($ 866.6 million) in funding to Egypt, the Egyptian Ministry…
The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal…
The Egyptian Central Bank on Thursday (November 14th) announced the upcoming creation of a $ 600 million company to guarantee…
The South African insurer Sanlam Ltd plans to invest in Egypt in the year 2020, according to its CEO, Ian…
The Central Bank of Egypt (CBE) announced on Wednesday (September 4th) a net currency reserve increase of 52.1 million USD…
Egypt’s Housing and Development Bank (HDB) reports net profit after taxes of 1.072 billion Egyptian pounds ($ 64.7 million) in…
Investec Asset Management (IAM) announced on Sunday (July 14th) its first private equity investment in Egypt with the acquisition of…
ECA’s Executive Secretary Vera Songwe met on Sunday 24 March with the Egyptian Minister of Planning, Monitoring and Administrative Reform…
The Egyptian subsidiary of Attijariwafa bank has signed a memorandum of cooperation with Global Lease to finance and support SMEs…
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com
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