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Egypt was Africa’s most-active destination for VCs last year
Egypt was the #1 destination for venture capital last year when measured by the number of transactions announced, global venture…
Construction to begin on Zamalek’s Cairo Eye ferris wheel project
Zamalek will be home to a EGP 500 mn ferris wheel next year as the controversial Cairo Eye project was…
CDC plans USD 1 bn investments for Africa, including Egypt
CDC Group is earmarking some USD 1 bn for infrastructure and finance investments in Africa in 2021, with a particular…
Around the world on 17 December 2020
IN DIPLOMACY: The UAE has joined the East Mediterranean Gas Forum as an observer, the presidency announced after a meeting…
EUR 1 bn Egypt-Sudan railway could get a leg up from Kuwait Fund
The Kuwait Fund for Arab Economic Development could be on board to fund the 900-km railway linking Egypt and Sudan,…
What the markets are doing on 29 November 2020
The EGX30 fell 0.8% on Thursday on turnover of EGP 1.6 bn (42% above the 90-day average) as foreign investors…
Diplomacy + Foreign Trade on 12 November 2020
El Sisi’s visit to Greece is leading diplomatic coverage this morning: Egypt and Greece are hoping that the incoming Biden…
Diplo + Foreign Trade on 22 October 2020
Egypt, Greece, and Cyprus are inviting Turkey in from the cold to collaborate on exploiting the eastern Mediterranean’s gas resources…
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