Afreximbank Grants EUR 110 Million Loan to Chad for Infrastructure

The African Export-Import Bank (Afreximbank) announced yesterday that it has extended its largest-ever financing to Chad with EUR 110 million loan to support the country’s economic development.The facility agreement, signed on 5 August at the Afreximbank Headquarters in Cairo, Egypt provides for the proceeds of the facility to be utilised by the government to support trade-enabling infrastructure projects, as approved…

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Egypt, US discuss investment opportunities, desalination cooperation – Egypt Independent

The American flag fluttering in front of the White House. Housing Minister Randa al-Menshawy and US Chargé d’Affaires Robert Silverman discussed on Monday, August 10, 2026, ways to expand bilateral cooperation in housing, urban development and infrastructure. The talks focused on investment opportunities in Egypt’s new cities and potential cooperation in seawater desalination, including the use of advanced technologies and…

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LiTime Launches Argoseeker Electric Outboard Motor Series for Small-Boat Electrification

SYDNEY — LiTime, a global LiFePO₄ power solutions expert, announced the launch of Argoseeker on August 10th, its first electric outboard motor series, marking the company’s expansion from battery innovation into one-stop marine power solutions. The initial lineup includes the Argoseeker A1…

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Emaar Misr to acquire remaining Sky Tower shares via share swap

Image used for illustrative purpose. Traders work near the…

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Emirates NBD takes HSBC’s retail book + Egypt’s seventh IMF review clears

☀️ Good morning, friends, and happy weekend. A small programming note to…

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Arab Finance – Egypt’s Investment Fund Boom: Opportunity Meets Oversight

 Egypt’s investment fund boom is a watershed moment for the country’s financial…

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QNB Egypt Powers SME readiness through SME Champions Program

QNB Egypt, a subsidiary of QNB Group, a leading financial institution in…

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Egypt’s pound leads decade-long currency slide among Africa’s largest economies – Businessday NG

The Egyptian pound has suffered the steepest drop against the US dollar…

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AFRICA FINANCE IN BRIEF: Capital markets rally as investors back Africa’s growth story – Businessday NG

The first week of August highlighted the contrasting forces shaping Africa’s financial…

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Global consortium pitches USD 5 bn medical cities for New Capital and New Alamein

Good morning, everyone. We have three stories today about how the government…

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