Top Headlines

The General Authority for Investment and Free Zones in collaboration with the Administrative Authority with Jurisdiction is offering 600 industrial land plots for investors.

Egypt will represent the African continent during the 8th annual meetings of the Asian Infrastructure Investment Bank (AIIB), Mohamed Maait, the Minister of Finance and the AIIB's Egyptian Governor, explained in an official statement.

Benin is set to launch the construction of its first Financial district planned to be home to financial institutions and key companies including State-run firms, “24 Au Benin” reports.

Africa's internet economy has the potential to reach 5,2 percent of the continent's gross domestic product(GDP) by 2025, contributing nearly USS180 billion to its economy, according to a report from Google and the International Finance Corporation (IFC).

Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has landed $63 million loan from GuarantCo, a company in the Private Infrastructure Development Group (PIDG), and the French bank Société Générale to be used to expand its fleet of electric moto...

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba visited earlier this week the in-progress expansion works of the Ismailiyah Free Zone as utilities are being introduced in 50 feddans (one feddan equals 4,500 meters).

The African Development Bank (AfDB) has unveiled its latest East Africa Economic Outlook for 2023, predicting that the region will lead the continent in terms of economic growth over the next two years. 

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say.

Chinese tire manufacturing Company Sentury Tire has secured land in Morocco to build its first car tire factory in the northern Moroccan city of Tangier this month, Chinese media group Yicai Global reported on Wednesday.