BECIJ

Egypt’s poverty rate falls by 29 per cent, first ever in two decades

Egypt’s poverty rate has shrunk by 29.7 per cent for the first time in two decades. The fall was revealed by the Central Agency for Public Mobilization and Statistics (CAPMAS) based on fiscal year 2019/2020, Arab Finance reports. Poverty line in Egypt, according to the agency, is defined as anyone with a monthly income of […]

Attijariwafa Bank’s Development Club holds 41st multisector mission in Egypt

Attijariwafa bank’s Club Afrique Développement (CAD) successfully conducted its 41st multisector mission in Egypt on May 14-15, 2025. Organized in partnership with Attijariwafa bank Egypt, the event brought together over 300 top economic and institutional decision-makers from 12 African countries, reinforcing the Club’s pivotal role in developing intra-African trade. The mission attracted delegates from Cameroon, […]

Kenya’s support for Morocco’s sovereignty over Sahara reshapes African alliances

Kenya’s support for Morocco’s autonomy plan for the Sahara territory sent shockwaves across Africa and a blow to a weakening pro-Polisario alliance led by Algeria and South Africa. The new Kenyan volt-face on the Sahara issue in favor of Morocco’s territorial integrity, was expressed in a joint statement during a visit by Kenyan foreign minister […]