Africa Asia Emerging Markets Finance Headlines International

Investment risk in Africa ten times lower than in L’America, Eastern Europe — AfDB chief

African leaders and business executives, at the World Governments Summit in Dubai, sought to strongly challenge the persistent myths about investment risks in Africa. Speaking in one of the panels, Akinwumi Adesina, president of the African Development Bank (AfDB), presented data revealing that Africa’s risk profile is far lower than commonly believed, with a loss […]

Asia Egypt Headlines International

Egypt: Tourism revenues on the rise thanks to arrivals from Eastern Europe, Gulf countries

Egypt is targeting between $6 billion and $9 billion in tourism revenues in 2021 as the country reports a rise in arrivals of Eastern European and Gulf holidaymakers, Bloomberg reports quoting tourism minister Khaled El Anany. Late last month, Deputy Minister Ghada Shalaby said Egypt is expecting to generate between $6 billion and $7 billion […]