Egypt: Latest News
Makula Dunbar, 2:42 pm
Last Wednesday, the foreign ministers of Ethiopia (Tedrose Adhanom PhD) and Djibouti (Mohamed Ali Youssouf) signed and an agreement that would grant Djibouti power system interconnection access once Ethiopia’s Grand Renaissance Dam project reaches completion, All Africa reported.
Makula Dunbar, 10:01 am
The top judge of Egypt’s Constitutional Court, Adly Mahmud Mansour, has been sworn in as interim leader, a day after the army ousted President Mohammed Morsi and put him under house arrest. Mr Mansour said fresh elections were “the only way” forward, but gave no indication of when they would be held. Mr Morsi, Egypt’s first freely elected leader, is under house arrest after what he says was a military coup.
Staff, 3:46 pm
Crude oil prices were up this week on the escalating political crisis in Egypt and fears of supply disruptions if passage through the Suez Canal is affected.
Makula Dunbar, 12:03 pm
Sunday June 30, millions of protesters took to the streets of Cairo demanding that President Mohamed Morsi step down. Last year, on the same day President Morsi was inaugurated — the first democratic leader to head Egypt.
Dana Sanchez, 9:56 am
Global foreign direct investment fell by 18 percent in 2012 but investment into Africa increased by 5 percent according to a United Nations report.
Makula Dunbar, 1:04 pm
In expectation of violent riots following the scheduled June 30 anti-government protests in Egypt, troops from 13 nations including 400 soldiers from the U.S. are preparing for deployment into the country.
Dana Sanchez, 11:05 am
The O3b satellites could take a country like the Democratic Republic of Congo from being one of the most poorly-connected on Earth to one of the best, a report said.
Makula Dunbar, 12:44 pm
The number of mobile internet devices is set to out number humans by the end of this year. There’ll be more smartphones and internet-connected tablets and monitors than there are people on the planet.
Dana Sanchez, 3:03 pm
The Ibrahim Prize for Achievement in African Leadership awards $5 million to elected African heads of state who have improved their countries’ economy, social and public health, and who passed on their office to their successors in a democratic manner.
Makula Dunbar, 3:25 pm
Despite political tension and a gripping regime that has halted the country’s progression, in the last two years, technology savvy citizens have made the most of Egypt’s offerings and even contributed to the betterment.
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