Les articles de Agence Ecofin
Egypt, the world's largest wheat importer, has announced its intention to withdraw from the International Grains Agreement concluded in 1995 by the end of June 2023
The announcement of the withdrawal of the world's largest wheat importer from the agreement concluded in 1995 under the aegis of the UN comes in a context of disruption of grain markets, due to the negative repercussions of the war in Ukraine.
Egypt: The Africa Finance Corporation (AFC) plans to finance a range of projects worth over $1 billion in key sectors like renewable energy, natural gas, heavy industries, technology, telecommunications, Bank and finance
AFC, as the leading provider of infrastructure solutions in Africa, seeks to stimulate regional trade and co-investment opportunities. To do this, the institution is carrying out initiatives aimed at strengthening the pan-African distribution of its shareholders.
Egypt and Russia announce that they want to develop their commercial, economic, scientific and technical cooperation
In 2018, Egypt and Russia signed a comprehensive strategic partnership and cooperation agreement. This meeting of the two parties is part of the strengthening of commercial, economic, scientific and technical cooperation.
Egypt: The Egyptian government proposes to sell a 10% stake in the public mobile operator Telecom Egypt
The most populous country in the Arab world, which suffers from a serious shortage of foreign currency, announced last February the sale of state stakes in 32 companies by March 2024, with a view to mobilizing budgetary and increase the weight of the private sector in the economy.
Egypt: President Abdel Fattah al-Sisi has taken five new measures aimed at improving the living conditions of the populations
Egypt has implemented several reforms in areas such as industry, food self-sufficiency and investments in order to cushion the various global shocks. However, new measures are needed to further strengthen the country's economic resilience.