Raya Holding secures $15m from Africa50 for Tier III data centre
Raya Holding for Financial Investments has announced a strategic $15m investment in its subsidiary, Raya Data Centre (RDC), from Africa50, a pan-African infrastructure investor and asset manager. This funding, paired with an additional $10m from Raya Information Technology, brings the
Egypt explores collaboration with ECA to strengthen agricultural transformation, women’s empowerment
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, met with a delegation from the United Nations Economic Commission for Africa (ECA) on Monday to discuss potential avenues for collaboration. The meeting, held in Cairo, took place during the ECA’s
CBE hosts Mauritanian delegation to share Egypt’s best practices in financial literacy
In line with Egypt’s commitment to fostering stronger African cooperation across various sectors, the Central Bank of Egypt (CBE) hosted a delegation from the Financial Inclusion team at the Banque Centrale de Mauritanie (BCM). The visit aimed to facilitate peer
Fouad advances Egyptian-African cooperation in environmental protection
Egypt’s Minister of Environment, Yasmine Fouad, participated in the Second Roundtable of the African Forum of Environmental Protection Agencies (AFEPA) in Cairo, hosted by CEDARE in collaboration with the UNEP Regional Office, from 3 to 5 December. The forum brought
CBE joins Pan-African Payment and Settlement System
As part of Egypt’s efforts to deepen economic collaboration with African nations, the Central Bank of Egypt (CBE) has joined the Pan-African Payment and Settlement System (PAPSS). Developed by the African Export-Import Bank (Afreximbank), PAPSS streamlines cross-border payments and trade
Egypt hosts key satellite session of African Conference on Precision Agriculture
The African Conference on Precision Agriculture (AfCPA), a transformative event aimed at driving agricultural innovation across the continent, has launched simultaneously in 10 African nations, with Egypt taking a prominent role as one of the satellite hosts. The Egyptian session,
Al-Sisi receives high-level delegation from DR Congo
Egyptian President Abdel Fattah Al-Sisi met on Monday with Kombo Mondongo Bula, special advisor to the President of the Congo, and Jacques Tshisekedi, internal security advisor to the President of the Democratic Republic of the Congo (DRC). The meeting also
Wadi El Nile Stio Life Sciences to begin kidney filter production in January
Wadi El Nile Stio Life Science for medical devices is poised to commence actual production at its kidney filters factory in January 2025. The company secured a nine-year lease for the facility from Nasr Pharmaceutical Chemicals to boost production efficiency,
Egypt’s Ambassador to Mali presents credentials, underscore bilateral ties
Egyptian Ambassador Mohamed El-Gamal presented his credentials to Malian Transitional President Assimi Goïta on Saturday, following an official ceremony at the presidential palace in Bamako. The presentation underscored the strong historical relationship between Egypt and Mali and highlighted Egypt’s commitment
El-Sobky and CEO of the International Hospital Federation discuss joint cooperation
Chairman of the General Authority for Healthcare and General Supervisor of the Comprehensive Health Insurance Project, Ahmed El-Sobky, met with Ronald Lavatar, CEO of the International Hospital Federation. The Authority held its fifth annual forum under the slogan “Towards Globalization