Latest News Egypt

Industry

19/11/2024 at 16h36, by Africa Business+

Sococim secures €300M investment to boost Senegal’s cement industry

The IFC is anticipated to provide a significant new loan to the subsidiary of the French cement group...

Energy

07/11/2024 at 13h51, by Africa Business+

Scatec secures bridging loan to develop the Obelisk Solar Power project

The Norwegian developer seeks up to $1 billion for a major solar project.

Advisory

07/11/2024 at 13h19, by Africa Business+

Bank & Insurance

04/11/2024 at 15h12, by Africa Business+

Commercial International Bank seeks European financing

The bank will receive support to facilitate its lending to SMEs.

Maritime transport

25/10/2024 at 15h55, by Africa Business+

Race for Egyptian ports: MSC plays catch-up in a crowded market

The Nile Delta ports at the northern entrance to the Suez Canal are involved in a frenzy of projects...

Transport & Logistics

17/10/2024 at 10h10, by Christelle Marot

NGE wins two new €140 million rail contracts in Egypt

The French construction group is extending its reach in the country.

Mineral resources

16/10/2024 at 15h43, by Africa Business+

Newmont, AngloGold Ashanti: ex-Goldman Sachs advisers to gold giants

Two consultancies founded by former executives of the US bank are backing the two biggest deals of the...

Private Equity

08/10/2024 at 12h35, by Africa Business+

Adenia recruits a former Ezdehar Management employee to expand in Cairo

Despite its currency crisis, the Egyptian market is attracting investor capital drawn by its dynamic...

Consumer goods & Retail

07/10/2024 at 14h22, by Africa Business+

Daniel Yu, Wasoko: “We may expand through acquisitions, particularly in West Africa”

The CEO of Wasoko, an e-commerce platform based in Nairobi for retail shops, discusses the opportunities...

Automotive

02/10/2024 at 14h04, by Africa Business+

Previously backed by EBRD and Union Square, Shift EV is looking for a European expansion

An MIT alumnus co-founded the Egyptian start-up that converts internal combustion vehicles to electric...

Consumer goods & Retail

01/10/2024 at 12h35, by Africa Business+

Decathlon targets secondary towns in Egypt

Since 2018, the sports retailer has been confined to Cairo and its suburbs. Now, it wants to reach the...

Bank & Insurance

30/09/2024 at 15h08, by Africa Business+

Which Mubadala banking subsidiary wants to secure its loans in Egypt?

A bank controlled by the Emirati sovereign wealth fund wants to reduce its risks in the North African...

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