African markets and business updates
Latest headlines from African markets, companies, and business sources.
Egypt Prime Minister: The private sector is empowered to drive development
Egypt Prime Minister: The private sector is empowered to drive development
Prime Minister Mostafa Madbouly says that achieving macroeconomic conditions that support investor confidence and shape domestic and foreign investment decisions is crucial.
Africa’s AI problem isn’t talent
Africa’s AI problem isn’t talent
Africa has no shortage of AI talent—so why are developers struggling to build? There's a missing layer between Africa's tech ecosystem and what it takes to unlock local AI innovation. I first encountered the strategic importance of technology restrictions while working in semiconductor manufacturing at Intel. Export licensing was part of the environment. The underlying logic was straightforward: some technologies were considered too strategically important to be freely transferred to geopolitical competitors, including China. That logic has followed technology into the AI era.…
'I see Egypt assuming its natural and leading role asa link between East and West, North and South'
'I see Egypt assuming its natural and leading role asa link between East and West, North and South'
Egypt will measure success not just by how high the buildings are or how massive the projects look, but by the number of families who can confidently say 'Life is good here. Our children have hope for the future,' says President of the Arab Republic of Egypt, Abdel Fattah el-Sisi. African Business: Over the past decade, Egypt has undergone one of the most ambitious economic reform programmes in the region. Looking back, which reforms do you believe have been the most impactful in reshaping investor confidence and achieving macroeconomic stability?…
Morocco detains Tangier mayor over alleged electoral fraud
Morocco detains Tangier mayor over alleged electoral fraud
The mayor of Tangier, Mounir Limouri, was placed in police custody on Monday over alleged electoral fraud in the recent parliamentary elections.
Orange Egypt eyes rapid growth
Orange Egypt eyes rapid growth
In a bid to stand out in a fiercely competitive market, the subsidiary of the French telecoms giant is investing in infrastructure, data centres and fintech.
Stage set for Afreximbank’s Creative Africa Nexus Weekend (CANEX WKND) 2026 in Lagos to power Africa’s creative economy
Stage set for Afreximbank’s Creative Africa Nexus Weekend (CANEX WKND) 2026 in Lagos to power Africa’s creative economy
With less than two months to go, preparations are in top gear for Lagos, Nigeria to host Africa’s largest gathering of creative and cultural industries -- Creative Africa Nexus Weekend (CANEX WKND 2026), from 5 to 8 November 2026. CANEX WKND 2026 is being hosted by African Export-Import Bank (Afreximbank), in partnership with the Federal Republic of Nigeria, the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, and will bring together creatives, investors, policymakers, financiers, buyers and industry leaders to connect talent with finance, markets, partnerships and commercial opportunities.…
New Alamein: Egypt builds a new Mediterranean powerhouse
New Alamein: Egypt builds a new Mediterranean powerhouse
An ambitious city that intends to "define the Egyptian dream" is preparing to welcome politicians and business leaders from across Africa. In June, some of Africa's most influential political and business leaders will gather on Egypt's Mediterranean coast for the inaugural Alamein Africa Forum - a major new platform designed to bring together heads of state, investors, policymakers, and corporate executives to discuss Africa's economic future.…
Egypt bids to become renewables powerhouse
Egypt bids to become renewables powerhouse
A handful of pioneering projects has evolved into a multi-billion-dollar power generation industry - the next priority is likely to be transmission. Over the past decade, Egypt has quietly built one of the most successful renewable energy ecosystems in the developing world. What began with the landmark Benban Solar Park in Aswan has evolved into a sophisticated investment platform attracting global developers, international financiers and private capital at scale. Egypt is approaching 10 GW of contracted renewable energy capacity under the first phase of its Nexus of Water, Food and Energy (NWFE) programme.…
Egypt's reforms aim for a new era of growth
Egypt's reforms aim for a new era of growth
The government believes that infrastructure investments, regulatory reform and financial liberalisation will usher in a new age of economic dynamism, writes Tom Collins. For much of the past decade, Egypt's economic story has been defined by reform. Today, the narrative is increasingly shifting towards growth. From technology and renewable energy to infrastructure, manufacturing and financial services, the government says a series of economic reforms are beginning to translate into tangible investment opportunities across the economy.…
Egypt builds partnerships in a fragmented world
Egypt builds partnerships in a fragmented world
Minister Badr Abdelatty explains how Egypt is turning diplomacy, trade and connectivity into strategic tools for influence, investment and economic growth.