Egypt: Latest News

  • School’s In Session: The Top Ten Business Schools In Africa

    By Ann Brown, 8:00 pm

    Education is key to starting and developing a successful career in business. And African Business Review recently compiled its list of the top ten business schools in Africa. Topping the list was the University of Cape Town. “The UCT Graduate School of Business offers one of the most innovative Executive MBA courses in the world,” […]

  • 80 Killed in Egypt Post-Protest Violence Over Weekend

    By Makula Dunbar, 11:23 am

    Deadly clashes broke out during funerals of slain supporters of Egypt’s ousted Islamist president Sunday, as the supreme leader of the Muslim Brotherhood urged his followers to stand fast after more than 80 of them were killed in weekend violence.

  • World Bank Report: Shared Prosperity Africa’s Agricultural Goal

    By Makula Dunbar, 4:08 pm

    Sub-Saharan Africa is home to nearly half of the worlds usable, uncultivated land but so far the continent has not been able to develop these unused tracts, estimated at more than 202 million hectares, to dramatically reduce poverty and boost growth, jobs, and shared prosperity.

  • Absa, Barclays Banks Consolidate To Dominate Africa

    Barclays Africa By Dana Sanchez, 2:34 pm

    South Africa’s Absa Group has purchased London-based Barclays’ African business for $1.83 billion to create the continent’s largest retail bank by branch networks and customers, according to a report in BusinessDayLive. Barclays is Britain’s second-biggest lender by assets, and has been in talks with South Africa’s Absa for seven years to combine their African units, reported in August. Barclays, based […]

  • AfkInsider Commodities Report: Oil, Coffee, Cocoa Move Higher

    By Staff, 4:16 pm

    “So much has gone out of the copper price, that there isn’t much more that can bring it down.” – Copper Market and Demand at CRU in London.

  • 3M Restructuring Africa Operations, Looking To Mining, Oil And Gas

    By Dana Sanchez, 2:59 pm

    U.S.-based 3M, maker of myriad consumer products, sees mining, oil and gas as potential industries for future growth in Africa, along with energy and healthcare, according to a report in NewBusinessEthiopia. Already established in Africa for 40-plus years, the company hopes to improve coverage on the continent and accelerate future growth by restructuring its business on the continent […]

  • Developing A Sustainable ‘Blue Economy’ For Africa

    By Dana Sanchez, 12:06 pm

    Proponents of a sustainable and integrated maritime domain in the waters around Africa say it will be easier to achieve than a United States of Africa, according a report in IndependentOnline. Such a domain would include an exclusive economic zone, key to developing a sustainable “blue economy” for the continent, the report said. Today, each […]

  • Open Data Platform Increases Investor Access To Africa Info

    By Dana Sanchez, 3:53 pm

    African Development Bank’s single-platform collection, analysis and sharing of information on Africa now gives global business leaders and investors access to data on all 54 countries in the continent, according to a report at VenturesAfrica. Users will be able to extract data, create and share customized reports, and visualize data across themes, sectors and countries through tables, charts, and […]

  • Egypt Freezes Assets of Key Members of Muslim Brotherhood

    By Ann Brown, 8:00 pm

    Egypt has taken a bold move against the leaders of the Muslim Brotherhood. The country’s public prosecutor has frozen the assets of 14 Islamist leaders, reports The BBC. Among those who reportedly had their assets frozen are the Muslim Brotherhood head Mohammed Badie and his deputy Khairat al-Shater.  Badie and other Brotherhood members are already […]

  • New Report: Africa Is World’s Fastest-Growing Economy

    By Dana Sanchez, 3:16 pm

    A third of African countries have economies growing by more than 6 percent and almost half of them – 26 out of 54 – are now considered middle income countries, according to a new report by African Development Bank. This growth was driven by the private sector. Looking ahead, growth will rely on regional economic co-operation […]

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