egypt-imf

Africa’s infrastructure investment has recovered, but is unevenly distributed

Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to the World Bank’s latest data projection on investments, which demonstrates that infrastructure investments in low- and middle-income countries have started to recover. But in terms of “the total number of […]

Egypt seeks partnership with Japan on localization of automotive industry

Egypt’s General Authority for Investment and Free Zones has indicated that the North African country is seeking cooperation with Japan to localize the automobile industry. Hossam Heiba, Chairman of the authority, discussed with President of Toyota Tsusho a sustainable partnership between the two countries to conquer the African market, leveraging on Japan’s technological, investment and […]

Mo Salah crowned African Player of the Year (again)!

Liverpool’s Egyptian forward Mohamed Salah has again been named the Confederation of African Football’s Player of the Year. The Egypt international was crowned during a colorful ceremony in Dakar, Senegal on Tuesday night.The Egyptian international beat Reds team-mate Sadio Mane and Arsenal’s Pierre-Emerick Aubameyang to top the poll. Receiving the honour in Dakar, Senegal, Salah […]