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Trendsnafrica | 24/7 Africa News

Wednesday, June 18, 2025
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Sri Virinchi Kadiyala of Abu Dhabi’s ADCB noted that the main impact of escalating trade tensions on Egypt is felt indirectly, through diminishing business and investor confidence.
Northern Africa

Economists Lower Growth Projections for Egypt  

News Desk - April 29, 2025
Egypt’s Unemployment Rate Declines
Northern Africa

Egypt’s Unemployment Rate Declines

News Desk - April 28, 2025
Russia to Launch New Shipping Line to Boost Trade with Africa, Including Grain from Occupied Ukraine
Pan Africa

Russia to Launch New Shipping Line to Boost Trade with Africa,...

News Desk - April 28, 2025
Uganda announced the end of Ebola, which caused many health issues in the East African country. The announcement by the country's health ministry came after 42 days without a single case of the disease.
East Africa

Uganda Announces End of Ebola Outbreak

News Desk - April 28, 2025
The World Bank (WB) has revised its growth outlook for Egypt upward, projecting a 3.8% year-on-year expansion for the fiscal year 2024-25. The new forecast marks a 0.3 percentage point increase from its previous estimate in October, reflecting optimism that easing inflation and stronger private consumption will help reinvigorate the economy.
Northern Africa

World Bank Projects Upward Egypt’s Growth During 2024-25

News Desk - April 28, 2025
The Financial Regulatory Authority (FRA) of Egypt reported that total financing extended through entities under its supervision, spanning capital market operations and non-banking financial services, reached EGP 118.5 billion in February 2025.
Northern Africa

Egypt’s Financing Through Capital Market Operations Touches EGP 118.5 Billion: FRA

News Desk - April 28, 2025
In its latest World Economic Outlook in April, the IMF revised Egypt’s real GDP growth forecast upward by around 0.2 percentage points for both 2024 and 2025, and now expects it to grow by 2.4% in 2024, with further acceleration anticipated in the following years—3.8% in 2025 and 4.3% in 2026.
Northern Africa Trade

Egypt Ranks Second in Africa in Terms of GDP

News Desk - April 28, 2025
Civil society groups in Goma organised a peace march as the province marked three months under rebel rule.
Central Africa

Civil Society in Goma, DRC, Organises Peace March  

News Desk - April 28, 2025
The International Monetary Fund (IMF) has improved the growth forecast for Cabo Verde, Guinea-Bissau, and Equatorial Guinea, while worsening the projections for Angola, Mozambique and Sao Tome and Principe.
Pan Africa

IMF’s Growth Outlook for Cabo Verde, Guinea-Bissau and Equatorial Guinea Improves

News Desk - April 28, 2025
The National Inspectorate of Economic Activities (INAE) of Mozambique has decided to withdraw from the market, with immediate effect, cooking oil of the brand ‘Super Vega’, “illegally produced in the province of Nampula, district of Nacala, [being sold] mainly in the north and centre of the country, although it is being sold throughout the country”.
Southern Africa

Mozambique Withdraws Super Vega Cooking Oil from Market with Immediate Effect

News Desk - April 28, 2025
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