Cairo will stand shoulder to shoulder with Somalia and will not allow any threat to the Horn of Africa country, Egypt’s president has said, referring specifically to Ethiopia’s recent agreement with the breakaway Somaliland that would give it access to the sea and allow it to establish a marine force base. “Egypt will not allow […]
Tag: Egypt
Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report
Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]
China’s FM on Africa charm offensive tour calls for Gaza ceasefire
China’s Foreign Minister Wang Yi has kicked off his inaugural trip of 2024 that takes him to four countries around Africa, focusing on diplomacy, economics, and security issues on the continent. During his first stop in Cairo, the top Chinese diplomat called for a ceasefire in Gaza and the start of the implementation of the […]
Egypt mulls plans to increase accommodation capacity of Cairo airport to 30 million passengers per year
The Egyptian Government is planning to expand by two folds the capacity of the Cairo International Airport to 30 million passengers per year, a cabinet statement issued on Monday January 15 said. Minister of Civil Aviation Mohamed Abbas presented in a meeting with Prime Minister Mostafa Madbouly the preliminary financial studies for the project which […]
UN warns against Red Sea crisis escalation, as disrupted shipping prompts Africa price concerns
The United Nations has warned against escalation in the Red Sea following multiple airstrikes by US and UK forces targeting Houthi rebels in Yemen who have vowed fierce retaliation. “These developments in the Red Sea and the risk of exacerbating regional tensions are alarming,” the UN Assistant Secretary-General, Khaled Khiari, has said, calling for the […]
Egypt’s national carrier to launch third route to Libya from January 25
Yehia Zakariya, chairman of the Board of Directors of the EgyptAir Holding Company, has confirmed the operation of new direct flights from Cairo to Misrata in Libya, starting from January 25, Libya Observer reports. Misrata become the third city the Egyptian carrier will be flying to, after Tripoli and Benghazi. Zakariya reportedly on company’s Facebook […]
Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership
Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development. The partnership’s MoU was signed in Manama by the five countries during a high-level ministerial meeting, attended by Moroccan industry minister Ryad Mezzour. The partnership offers a promising cooperation platform to support sustainable […]
Saudi-led consortium seals deal with Egypt on $1.5bn in 1.1 MW wind project
A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind project in Egypt, a statement by the Egyptian cabinet announced Thursday. The agreement was signed between Egypt’s New and Renewable Energy Development and Utilization Authority and the consortium including the […]
CAF appoints four African legends ambassadors to promote African football
la Confédération Africaine de Football (CAF), the football governing body of the African continent, unveiled Monday January 8 the first names that include Egyptian Ahmed Hassan, the four times AFCON winner, to be signed up in the newly-established CAF Ambassadors program. Hassan is joined by Ghana’s Asamoah Gyan, Senegal’s El Hadji Diouf and Nigeria’s magician […]
Russian EVs producer Concordia to set up manufacturing factory in Egypt
Concordia, a Russian manufacturer of electric vehicles (EVs), will set up an EV components manufacturing factory in Egypt as part of deal with real estate developer GV Investments. Per the partnership, GV Investments will provide the plot of land needed for the project and construct the factory, reports say. The future factory is expected to […]








