EGYPT

African Union chairman Cyril Ramaphosa welcomes resumption of Nile dam negotiations between Ethiopia, Egypt and Sudan

South African President Cyril Ramaphosa on Monday, in his capacity as the Chairperson of the African Union, welcomed the resumption of Trilateral Negotiations between the Parties to the Grand Renaissance Ethiopian Dam (GERD).

AU urges Egypt, Ethiopia and Sudan to reach peaceful outcome on grand Ethiopian renaissance dam disputes

The African Union on Saturday urged Egypt, Ethiopia, and Sudan to reach a peaceful outcome over their disputes on the Grand Ethiopian Renaissance Dam (GERD), and refrain from making statements that could make things worse.

IMF approves whopping $5.2 billion loan for Egypt to respond to COVID-19 economic crisis

The Executive Board of the International Monetary Fund (IMF) on Friday approved US$5.2 billion loan for Egypt to respond to COVID-19 economic crisis. The 12-month Stand-by Arrangement would help meet Egypt’s balance of payments needs as well...

Egypt: African Development Bank approves 225 million euros budget support loan for electricity sector to bolster economic resilience and sustainability amid COVID-19

The Board of Directors of the African Development Bank on Wednesday approved a 225 million euros loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding, provided in a challenging global context, will...

IMF approves over $2.7 billion loan for Egypt to respond to COVID-19 economic crisis

The International Monetary Fund (IMF) has approved over $2.7 billion loan for the north African country of Egypt to respond to COVID-19 economic crisis. More than 40 African countries have applied for loans...

IMF studying Egypt’s request for financial assistance to tackle COVID-19, Kristalina Georgieva says

The International Monetary Fund (IMF) is currently studying a request for financial assistance by the north African country of Egypt to respond to COVID-19 pandemic, the Fund's Managing Director Kristalina Georgieva said in a statement on...

COVID-19 death toll hits 30 in Egypt as cases skyrocket above 500, highest in Africa

A team of experts from the World Health Organization (WHO) concluded a COVID-19 technical support mission to Egypt on 25 March 2020 as confirmed cases continued to climb, skyrocketing above 500 and leaving at least 30...

Egypt imposes two-week night time curfew to combat COVID-19 as death toll hits 21

Egyptian authorities announced on Tuesday the north African country will impose a curfew from 7p.m. to 6 a.m. every day for two weeks beginning Wednesday to combat COVID-19, the respiratory disease caused by the novel coronavirus....

Coronavirus spreads to 6 African countries as cases are confirmed in Senegal, Nigeria, Egypt, Algeria, Morocco and Tunisia. Dog tests positive in Hong Kong

COVID-19, the deadly respiratory disease caused by coronavirus, has spread to over 80 countries around the world, including six in Africa - Nigeria, Senegal, Egypt, Morocco, Algeria and Tunisia. Globally, it has killed over 3200 people...

Former Egyptian president Hosni Mubarak is dead at 91

Former Egyptian president Hosni Mubarak who ruled for nearly 30 years before he was overthrown by a popular revolt that swept across the Arab world in 2011 has died, state media reported on Tuesday. He was...

Latest News

Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19...

The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed...

Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19...

The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed into extreme poverty as the...

African Development Bank projects tripled incomes of rural producers and traders in Tanzania

An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results,...

Africa’s chance at World Trade Organization and the Ngozi Okonjo-Iweala candidacy – Perspectives by Yushau A. Shuaib

With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she...

Over 1000 participants from more than 100 countries meet to discuss sustainable development amid COVID-19

Facing the devastating impacts of COVID-19, which is threatening decades of progress in improving people’s lives, countries are meeting at the...

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