AFC secures $625 million syndicated loan with new lenders from Middle East and Asia
In a move to further diversify its debt profile, Africa Finance Corporation(AFC),…
Egypt’s GDP expected to grow at 4.8% in 2023-24 financial year
Egypt's GDP growth is expected to shore up to 4.8 percent in…
Cameroonian diplomat calls on Saudi business community to invest in his country
A senior Cameroonian diplomat has called on Saudi Arabia's business community to…
Egypt grants foreign investors one-year renewable residency
Egypt’s Interior Ministry, on Saturday May 20, 2023, announced that foreign investors applying to…
Bilateral trade between Rwanda and China grows by 31%
Bilateral trade between China and Rwanda has registered steady and rapid growth,…
Egypt sells 9.5% stake in state telecommunications company for $121 million
The government of Egypt has sold a 9.5% stake in state-run Telecom…
Tanzania’s central bank raises recovery deposits after public outcry
Tanzania's Central Bank, the Bank of Tanzania(BoT) has raised the maximum reimbursements…
Egypt among top 6 natural gas exporters to E.U. in 2022- World Bank report
The European Union has significantly increased its liquefied natural gas (LNG) imports…
Egypt releases $23 billion worth of imported goods from January this year
Egyptian authorities have released up to $23 billion worth of imported goods,…
Angola to get access to new mobile money service
Africell Holding SAL is set to launch new financial services this weekend…