Most Recent News

Africa Outperforms as the Fastest-Growing Tourism Region

In 2025, Africa became the fastest-growing tourism region in the world. According to the latest edition of the UN World Tourism Organisation World Tourism Barometer, Africa recorded the strongest expansion.

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What Egypt’s $1 Billion Red Sea Project Signals

Egypt’s announcement of a $1 billion marina, hotel and urban development on the Red Sea marks a renewed leap in its long-standing economic diversification agenda. The initiative, centred on the.

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Non-Oil Output in Egypt Rises for Third Month as Demand Moderates

Egypt’s non-oil private sector maintained its expansionary trend in January 2026, recording growth for the third consecutive month, according to the latest S&P Global Purchasing Managers’ Index (PMI). While overall.

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Egypt Takes the Gavel at Africa’s Security Council

Egypt stepped into the rotating presidency of the African Union (AU) Peace and Security Council (PSC) on 1 February 2026 at a moment of heightened continental and regional tension. The.

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Africa Tourism Up by 8% as Global Travel Reaches a New Peak

Global tourism has entered a decisive new phase, with international travel not only recovering from the shock of the pandemic but surpassing previous records. According to the January 2026 edition.

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Egypt Strengthens Economic Compass with €1 Billion EU Support

Egypt has received a €1.16 billion tranche from the European Union, marking a decisive step in securing economic stability amidst a challenging regional landscape. This support forms part of a.

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Ethiopia Begins Construction of Africa’s Largest Airport in $12.5 Billion Project

Ethiopia has begun construction of a major new international airport in the town of Bishoftu, about 45 kilometres south-east of Addis Ababa, in a project that officials say will become.

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How Egypt Is Using LNG and Renewables to Power Its Economy

Egypt has secured a $1.8 billion renewable energy agreement with Norway’s Scatec and China’s Sungrow, coupled with fresh LNG cooperation with Qatar, which indicates a pragmatic recalibration rather than a.

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What South Africa Gains From the PetroSA–Shell Offshore Oil Agreement

South Africa’s PetroSA has facilitated a deal giving Shell Offshore a 60% stake in Block 2C off the west coast. This represents a strategic shift in how the country approaches.

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