Egypt’s President Meets with WEF Chief
(3 Minutes Read)
During the discussions, President El-Sisi outlined Egypt’s ambitious development projects in infrastructure, industry, and agriculture, highlighting the abundant opportunities they present for...
FM Claims USD 20bn Saved by Nigeria from Subsidy Removal and Naira Float
(3 Minutes Read)
Nigeria has saved USD 20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate, says Wale Edun, Nigerian...
Strike in Boeing Impacts Ethiopian Airlines
(3 Minutes Read)
Ethiopian Airlines has faced a challenging year with geopolitical conflicts in Israel, the Middle East, and Sudan affecting operations. Despite these difficulties...
Non-Oil Exports Crucial for Nigeria’s Growth, Says Minister
(3 Minutes Read)
Nigeria needs more non-oil exports as they are crucial for the economy, says Jumoke Oduwole, the minister of industry, trade and investment....
Egypt’s Current Account Deficit Set to Decrease: Fitch
(3 Minutes Read)
The deficit is expected to narrow to 3.8 per cent in the 2025-26 fiscal year as canal revenues rebound, reflecting expectations of...
Dangote Refinery Lowers Ex-Depot Price of Petrol to USD 0.57 a Liter for Marketers
(3 Minutes Read)
The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to...
National Bank of Ethiopia Set to Reorganize to Face Liberalization Challenges
(3 Minutes Read)
A Financial Stability Committee will be established to assess risks to the financial system and propose macro and micro-prudential policies. The Board...
Benishangul Gumuz, Ethiopia Registers Record Production of Gold
(3 Minutes Read)
The Benishangul Gumuz Regional State of Ethiopia has achieved a milestone in gold production, depositing 548 kilograms of gold into the National...
Egypt to Revamp Petroleum Exploration Plans
(3 Minutes Read)
Badawi noted that the petroleum sector currently contributes about 1 per cent to Egypt’s GDP but has the potential to expand significantly...
Egypt’s Airport Modernization Plan on Track: IFC
(2 Minutes Read)
In a meeting held on November 24, 2024, Sergio Pimenta, Vice President for Africa at the IFC, stated that the two parties...
