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

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 ...

Nigeria has slipped to fourth place among Africa’s largest economies, according to newly released 2024 GDP data from the ...

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

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 ...

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

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

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

CAIRO: Egypt's current account deficit narrowed to $5.17 billion in the last quarter of 2024 from $6.82 billion a year earlier as surging remittances from Egyptians working abroad counterbalanced a ...