Egypt had been suffering from a severe shortage of foreign currency and inflation that peaked at 38% in September 2023 ...

A team from the International Monetary Fund (IMF) is expected in Cairo this week to begin the fifth review of Egypt’s $8 ...

President Abdel-Fattah El-Sisi stressed the importance of increasing Egypt’s foreign currency reserves and reducing external ...

The European Union's Ambassador to Egypt, Angelina Eichhorst, announced that the second tranche of the European financial ...

The World Bank, he rightly notes, has strayed far from its mission into “buzzword-centric marketing”. This is accurate given the expansive definition of development by the bank that now includes ...

Egypt’s banks have expanded their holdings of foreign assets on the back of strong foreign direct investment (FDI) inflows.

The International Monetary Fund (IMF) will begin the fifth review of Egypt’s $8 billion economic reform programme, with a team scheduled to arrive in Cairo this week, the IMF said in a statement on ...

Nigeria has slipped to fourth place among Africa’s largest economies, according to updated 2024 GDP figures released by the ...

The move is part of a broader strategy to increase private sector involvement, generate foreign currency, and reduce the ...

Things are hard and getting harder for the majority of Nigerians. Despite government’s assurances that things will improve ...

Stakeholders have backed President Bola Ahmed Tinubu's ban on foreign goods, noting that it would boost Dangote Refinery, ...