Business Emerging Markets Features Headlines

Africa turns east, but trade with China deepens dependence, warn experts

Africa’s trade with China has surged 25% in 2025, reaching $122 billion in just seven months — on track to exceed $200 billion for the first time, yet beneath the boom lies a widening trade imbalance and growing concern over Africa’s long-term economic autonomy, experts warn. While U.S.-Africa trade has declined, especially under President Donald […]

Africa Egypt Emerging Markets Headlines International

Egypt, Sudan reaffirm unified stance on Ethiopia’s Nile dam, reject unilateral moves

Egypt and Sudan have reiterated their opposition to unilateral actions on Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), declaring their water security “one and indivisible”. The position was made clear in Cairo during a “2+2” consultation meeting on Wednesday, September 3, 2025, that brought together the foreign and irrigation ministers from both countries. In a joint […]

Egypt Europe Headlines International

Egypt demands UN Security Council reform, calls for end to exclusive veto powers

Egypt has called for sweeping reforms to the United Nations Security Council (UNSC), arguing that the veto system has become untenable in today’s fractured world. The call was launched by Egypt’s Foreign Minister Badr Abdelatty in his address at the Bled Strategic Forum in Slovenia on Tuesday, September 3. Abdelatty said the council must either […]

Egypt Emerging Markets Energy Headlines

Egypt: Two killed, six injured in gas pipeline explosion in Ismailia

Egypt’s Ministry of Petroleum and Mineral Resources has confirmed that two workers were killed and six others injured after an explosion at a gas pipeline facility in the Abu Sultan area of Ismailia governorate on Sunday evening.   The blast, which occurred during routine maintenance preparations, was traced to the detachment of a launcher trap […]

Egypt Features Headlines

Egypt Registers Record $8.5 Billion USD Inflow in July Amid Remittance Surge

Egypt recorded its highest-ever monthly inflow of U.S. dollars in July 2025, reaching a staggering $8.5 billion, as announced by Prime Minister Mostafa Madbouly. This figure, which excludes volatile “hot money” investments, reflects robust economic confidence and includes a notable contribution from remittances—Egyptians working abroad sent over $3.6 billion in July alone. The surge in […]

Asia Business Emerging Markets Features Headlines International

Africa becomes China’s fastest-growing trade frontier amid U.S. tariffs

Africa is rapidly emerging as China’s most dynamic export market, fueled by a combination of shifting global trade dynamics, aggressive Chinese investment, and growing demand for infrastructure. As Bloomberg calculations based on China Customs data have revealed, in the first seven months of 2025 alone, Chinese exports to Africa soared 25% year-on-year to $122 billion […]

Africa Egypt Headlines International

Egypt reaffirms water security as strategic imperative, champions Nile basin development

Egypt has reaffirmed that safeguarding the nation’s water security remains a foremost national priority, while calling for collaboration and shared prosperity with all Nile Basin states. Egypt’s Foreign Minister Badr Abdelatty and Water Resources and Irrigation Minister Hani Sewilam underscored on August 14 that Egypt’s water interests and its neighbors’ development ambitions are compatible, provided […]

Egypt Headlines

Egypt’s 2025 senate elections record 17% turnout as runoffs scheduled for five seats

Egypt’s National Election Authority (NEA) has announced on Tuesday, August 12, a 17.1 percent voter turnout in the 2025 Senate elections, with 195 of the 200 contested seats decided in the first round. NEA Chairman Hazem Badawy said at a meet-the-press that 11.8 million ballots were cast out of 69.3 million eligible voters, with 95.6 […]

Asia Features Headlines International

Burkina Faso deepens military ties with China in major defense upgrade

Burkina Faso has received a significant shipment of Chinese-manufactured military equipment, marking a notable step in its armed forces’ modernization and further consolidating Beijing’s growing defense footprint across Africa. The delivery, unveiled via social media and confirmed by defense analysts, includes VN22B wheeled fire support vehicles, PLL-05 120mm self-propelled gun-mortars, and SR5 multiple rocket launch […]

Egypt Headlines

Three fatalities mark first day of Egypt’s 2025 senate elections

Egypt’s 2025 Senate elections began on a somber note as the National Elections Authority (NEA) confirmed three deaths on the first day of voting. Judge Ahmed Bendary, Executive Director of the NEA, revealed at a press conference this Monday that the deceased included the principal of Kafr Hamad School in Sharqia, who died while on […]