North Africa Post
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Africa Business Egypt Emerging Markets International

Egypt launches investment fund for Nile Basin countries

North Africa Post

Egypt has officially launched a Fund dedicated to investment in the Nile Basin, aimed at fostering development through collaboration with neighboring countries. This initiative was announced on October 14. The fund is designed to facilitate investment in development and infrastructure projects across the Nile Basin nations, adhering to strict economic standards to enhance project success […]
Africa Headlines International

Sudan conflict: rival military factions commit to facilitating humanitarian aid

North Africa Post

After days of talks in Jeddah, the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF) have agreed to commit to facilitating humanitarian aid and implement trust-building measures, but a ceasefire is yet to be agreed upon. A joint statement by Saudi Arabia, the United States, and the regional African bloc Intergovernmental Authority […]
Africa Americas Emerging Markets Finance Headlines International

Lobito corridor, an exception in US aid cut

North Africa Post

The US has scaled down its aid to Africa but kept supporting and funding for the Lobito corridor which will give its industry access to rare minerals, key to the energy transition. The Lobito Corridor is a major trans-African infrastructure project designed to connect the mineral-rich regions of the Democratic Republic of Congo (DRC) and […]