Three Egyptian banks to launch $83m fintech fund

Three Egyptian banks, including Banque du Caire, will launch this month a fintech fund estimated at around $83 million amid increase in investment in Egypt’s fintech industry. Banque du Caire is joined by National Bank of Egypt (NBE) and Banque Misr to carry out the initiative, Rasha Negm, Assistant Sub-Governor Information Technology at NBE indicated. […]

US companies eager to participate in Libya’s reconstruction

US companies expressed their eagerness to take part in Libya’s reconstruction including infrastructure and economy. This came during a virtual meeting Tuesday between the American Chamber of Commerce in Libya (AmCham Libya), the US envoy to the North African country Richard Norland, and American companies. Participants in the meeting exchanged views regarding the evolving political […]

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 […]