To boost investment in Africa, we need to set 10-20-year-term strategy with clear goals: Mozambique IPA head

Sat, 12 Jun 2021 - 02:48 GMT

Sambo pointed out that integration is about collaboration “and that is not an easy task.”

‘We have to look for funding, expertise in Africa not just abroad’: Zimbabwe investment official

Sat, 12 Jun 2021 - 02:42 GMT

CEO of Zimbabwe Investment and Development Agency (ZIDA) Douglas Tawanda Munatsi added there is a need for financing industrialization and innovation.

‘Political conflicts inhibit natural gas circulation among African countries’: Egyptian parliamentarian

Sat, 12 Jun 2021 - 02:38 GMT

Gabali added that such problem should be tackled given that no development without energy.

Egypt to offer 60% discount on shipping to fellow African states up from 50%

Sat, 12 Jun 2021 - 02:27 GMT

The minister clarified that is to achieve a competitive price for Egyptian products.

Egyptian officials display steps towards infrastructure integration with fellow African states

Fri, 11 Jun 2021 - 08:44 GMT

Egypt paved roads stretching over 1,155 kilometers locally so they will be part of a road stretching over 10,228 kilometers extending to Cape Town.

Legal framework required to enable creation of intra-African infrastructure, trade: AfCFTA secretary general

Fri, 11 Jun 2021 - 08:40 GMT

“If we actively benefit from the AfCFTA, we can collectively be as competitive as China or India in the coming 20 years,” Mene clarified.

Egyptian, Djiboutian presidents confer over Horn of Africa issues, joint projects

Thu, 27 May 2021 - 01:26 GMT

"It is my pleasure to be the first president of the Arab Republic of Egypt to hold a state visit to Djibouti, which plays a pivotal role in the region," President Sisi said.

Trade exchange bet. Egypt, Uganda reaches $110M in 2020

Thu, 08 Apr 2021 - 02:32 GMT

The authority added in a statement that the value of Egyptian exports amounted to $ 101 million, while the value of imports amounted to about $ 9 million.

Egypt's Suez Canal to acquire giant dredgers in April, August within development plan

Thu, 08 Apr 2021 - 10:18 GMT

The dredger that will be delivered Friday is dubbed "Mohab Mamish," and that to arrive in summer is called "Hussein Tantawy."

Trade exchange between Egypt, China reaches $14.56B in 2020

Mon, 29 Mar 2021 - 11:08 GMT

A statement by the Chinese Trade Ministry said Monday that exports to Egypt amounted to $13.64 billion, registering an 11.83 percent rise.

Egypt's economic reforms attract €1.7B worth of German investments

Sun, 28 Mar 2021 - 01:52 GMT

They also improved trade exchange between both states.

5 areas of economic partnership between Egypt, Jordan

Tue, 23 Mar 2021 - 03:22 GMT

In the following, Egypt Today sheds light on joint Egyptian-Jordanian economic projects and activities.

Joint Egyptian-Jordanian Higher Committees enhance bilateral trade to $514M in 9 months

Mon, 22 Mar 2021 - 03:31 GMT

The ministry stated that Jordan also ranked 24th among the countries that invested the most in Egypt with a portfolio encompassing 2,274 companies, until the end of December 2019.

EBRD offers Banque du Caire $100M to support trade and MSMES

Thu, 18 Mar 2021 - 11:48 GMT

EBRD clarified in a statement that the financing package is for trade financing and on-lending to local micro-, small and medium-sized companies (MSMEs).

France seeks to boost trade cooperation with Egypt - French official

Mon, 15 Mar 2021 - 02:03 GMT

Ronal voiced the chamber's interest in boosting trade ties with Egypt, lauding its large capability in dealing with the COVID-19 crisis.

Supply minister calls for following up all trade activities to prevent fraud

Thu, 04 Mar 2021 - 11:46 GMT

The move is meant to follow up all trade activities in order to prevent any commercial fraud and control markets.

Molla: Egypt taking steady steps to become regional hub for energy, trade

Thu, 04 Mar 2021 - 11:41 GMT

He also expounded the country's efforts to expand the use of clean energy as part of efforts to diversify clean energy sources by 2025.

Setbacks in African development endeavors are due to unreliable infrastructure: IMF executive director

Tue, 02 Mar 2021 - 06:32 GMT

In Aswan Forum for Sustainable Peace and Development, Mohieldin warned that 50-60 million Africans are at risk of getting pushed into poverty.

Italian embassy: Trade with Egypt hits €3.390B in 9 months

Tue, 02 Mar 2021 - 01:26 GMT

Italy is the fifth trade partner to Cairo while it came first as a trade partner to Egypt in Europe in 2019 according the Egyptian Central Agency for Mobilization and Statistics (CAPMAS), added the report.

Trade exchange between Egypt, Switzerland hits $960M in 2020

Wed, 27 Jan 2021 - 01:25 GMT

Minister of Trade and Industry Nevine Gamea met with Swiss Ambassador Paul Garnier Wednesday to map a vision on cooperation in the sectors of trade and investment.