Egypt News

Africa’s Corporate Giants Buy Their Way to Scale as M&A Overtakes Organic Growth

African deal value rose 36 percent in the first nine months of 2024 as companies from South Africa, Kenya and...

August 12, 2026

Chinese Belt and Road Investment in Africa Hits Record US$33.5 Billion

Chinese Belt and Road investment in Africa jumped 254% to a record US$33.5 billion in H1 2026, two-thirds of global...

August 6, 2026

HSBC Exits Egypt Retail Banking in US$300 Million Sale to Emirates NBD

HSBC Egypt retail sale to Emirates NBD ends 44 years of consumer banking, books a US$300 million pre-tax gain and...

August 6, 2026

Mohamed Salah Nears Trabzonspor Move at US$19.6 Million a Year

Mohamed Salah is negotiating a two-year Trabzonspor deal worth a reported €17 million (US$19.6 million) a year, Turkish media say.

August 6, 2026

Chinese Investment in Egypt Tops US$10 Billion, PM Says

Chinese investment in Egypt has passed US$10 billion, the prime minister says, though Cairo has not said what the figure...

August 4, 2026

Egypt Replaces Visa Stamp with QR Code e-Visa in August

Egypt will replace its visa-on-arrival stamp with a QR code e-visa system in August, targeting 30 million annual visitors by...

July 31, 2026

Afreximbank Raises US$1.5 Billion, Its Largest Bond Yet

The Afreximbank bond raised US$1.5 billion across two tranches, its largest ever, with orders peaking at US$3.8 billion six months...

July 30, 2026

Bogotá’s Afrodiáspora Festival Brings Three Nights of African and Caribbean Music

Seun Kuti, Yellowman & Alexis Play lead the Afrodiaspora Festival Bogotá 2026, Aug 20–22 at Teatro Colsubsidio. Tickets from US$13—secure...

July 28, 2026

Egypt, Algeria, Tunisia Revive Libya Settlement Push

Egypt, Algeria and Tunisia reactivated their 2017 trilateral mechanism in Tunis, demanding a Libya settlement push with elections and full...

July 25, 2026