Telecom Egypt announced the completion of the core 2Africa subsea cable system, developed through a consortium that includes Bayobab, center3, China Mobile International, Meta, Orange, Vodafone Group, and WIOCC.

The Egyptian Authority for Unified Procurement (UPA) and Alibaba Group mulled over establishing a regional center within the authority's strategic warehouses to serve the African continent.

Standard Bank Group, Africa’s largest financial institution by assets, will officially launch its representative office in Egypt

Egypt, in its capacity as chair of the Ministerial Council of Trade Ministers of the African Continental Free Trade Area (AfCFTA), has succeeded in reaching African consensus on the long-standing rules of origin for the apparel, textiles, and automotive sectors, following more than four years of negotiations.

REPSS offers a dual benefit of reducing financial costs and mitigating operational risks, two factors critical for the scalability and success of smaller enterprises that form the backbone of Egypt's economy, contributing 43% of its gross domestic product (GDP).

Egypt launched the 4th Ministerial Retreat of the Council of Ministers Responsible for Trade, chaired by Minister of Investment and Foreign Trade Hassan El-Khatib, according to a statement.

Egypt plans to establish six African logistics centers, placing Morocco as a key hub for Egyptian exports to the markets of Western Africa, Minister of Investment and Foreign Trade Hassan El-Khatib announced.

Minister of Petroleum and Mineral Resources Karim Badawi conducted bilateral meetings with specialized Australian mining companies to discuss investment opportunities in the Egyptian mining sector.

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), participated in the Africa-Singapore Business Forum, according to a statement.

The Arab Renewable Energy Authority, affiliated with the Arab Organization for Industrialization (AOI), and Egypt’s New and Renewable Energy Authority (NREA) signed a contract to build a 300-kilowats power station in Djibouti

Finance Minister Ahmed Kouchouk stressed Egypt’s commitment to strengthening African and international cooperation to ensure sustainable development financing that supports the African countries

Prime Minister Mostafa Madbouly has inaugurated Africa's first factory of BSH, the German home appliance manufacturer behind the Bosch brand, in Egypt with total investments exceeding €55 million.

The Egyptian government is adopting sustainable strategies to facilitate investment flows and trade across Africa, Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), stated.

Cairo-based fintech digital platform Money Fellows has raised $13 million in this new financing round

Egypt has officially assumed the chairmanship of the African Continental Free Trade Area (AfCFTA) Council of Ministers, succeeding Tanzania.

Beltone Venture Capital, a subsidiary of Beltone Holding, announced a strategic equity investment in LNKO, a trendsetting omni-channel D2C eyewear startup

The International Finance Corporation (IFC) is considering an equity investment of up to $6 million in Africa Seed Fund Co?peratief U.A. (Flat6Labs Africa) through its Startup Catalyst Program.

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib and a delegation from the Jeune Afrique Media Group reviewed the arrangements for holding the Africa Finance and Investment Forum

Egyptian Prime Minister Mostafa Madbouly has directed the formation of a task force to implement a proposal for balanced trade deals with African countries.

Autotech 2024, Africa's leading auto aftermarket exhibition, took place at the Cairo International Exhibition Center from November 17th to 19th.