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Egypt seeks to lure $10B FDI in FY 2022-2023
Egypt is looking to attract $10 billion-foreign direct investments for the fiscal year 2022-2023, Arab Finance reports citing a report by the Ministry of Planning and Economic Development on the goals of the budget bill. The report says the government is also pursuing the creation of around 900,000 jobs annually to keep the unemployment rate […]
Africa’s fintech revolution: market to reach $65bn in revenue by 2030, but challenges remain
Africa’s fintech market is poised for significant growth, projected to reach a $65 billion in revenue by 2030, which represents a 13-fold increase over 2021, according to a new study conducted by consulting firm Boston Consulting Group (BCG) and QED Investors, a global VC based in the US. This development will make Africa the world’sfastest-growing […]
Libya: UN Reaffirms Commitment to Democratic Elections
UN Under-Secretary for Political Affairs has underlined the world body’s commitment to democratic elections in Libya, after field Marshal Khalifa Haftar declared that the oil-rich country is not ready for democracy and that he would overrun the country should reconciliation and proposed elections fail to go rightly. Jeffrey Feltman was in Tripoli Thursday where he […]



