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EBRD forecasts moderate growth rise for Tunisia and Egypt in 2025

The European Bank for Reconstruction and Development (EBRD) has adjusted Egypt’s economic growth projection upward, anticipating a 4% increase in FY2024/2025, indicating a positive recovery trajectory. Growth for FY2023/2024 was revised to 2.7%, with GDP expansion expected to reach 3.2% in 2024 and 4.5% in 2025. Inflationary pressures have moderated, with inflation declining to 25.7% […]

From Aid to Action: Africa Took Center Stage at UNGA Sideline Forums in New York

Two major Africa-focused events — Global Africa Forum 2025 (GAF) and GABI 2025: Unstoppable Africa — held during the recent UN General Assembly in New York, showcased a bold shift in Africa’s global posture: from aid dependence to self-driven growth, investment, and innovation. At GAF 2025, convened by the Africa Prosperity Network, leaders rallied behind […]

Egypt blasts “totally untruthful” foreign statements

Celebrations of the Fourth anniversary of the Egyptian uprising on Sunday were marred by violence which continued till Monday and has left dozens of people dead. Most of the confrontations are believed to be between supporters of the banned Muslim Brotherhood and the security forces. Cairo has however alleged that statements from foreign governments and […]