A $35 billion investment from the UAE promises to revitalize Egypt’s economy, with a focus on tourism, infrastructure, and debt relief.
UAE pumps $35 billion into Egypt, fueling economic, tourism Read More »
South Africa’s pre-election budget hikes taxes on income, alcohol, and cigarettes, while increasing social grant spending to address poverty and unemployment amid slow growth and high debt.
S Africa hikes taxes, boosts social grants before May vote Read More »
South Africa’s May 29th election looms, with potential for the first-ever coalition government.
South Africa picks May 29th for key vote Read More »
Facing low PGM prices and profit plunge, Amplats announces 3,700 job cuts in South Africa, impacting 17% of workforce.
South Africa braces for impact as Amplats cuts thousands of jobs Read More »
Egypt grapples with inflation, debt, and dependence on mega-projects. Sisi seeks IMF lifeline but faces pressure to reform and curb military influence.
Egypt’s currency woes worsen, Sisi urges patience amid inflation Read More »
Egyptian Foreign Minister Sameh Shoukry met with EU officials in Brussels, seeking increased European investment to address Egypt’s economic crisis and discussing regional issues like the Gaza war.
Egypt seeks European investment boost amid currency woes Read More »
Sub-Saharan Africa faces its worst debt crisis ever.
African debt crisis deepens as experts warn of worst-ever situation Read More »
Libyan Prime Minister Abdul Hamid Dbeibeh outlined ambitious programs to revitalize the economy at the Libya Energy and Economic Summit 2024.
Libya aims to revitalize economy through energy sector reform Read More »
Economic measures adopted in Niger to counter sanctions and boost economy.
Niger reinstates call tax to boost struggling economy Read More »
Zambia gets financial aid despite default; currency instability, inflation challenges persist.
IMF revises restructuring Zambia proposal, releases $187 million Read More »
