African markets and business updates
Latest headlines from African markets, companies, and business sources.
FIFA accuses UEFA of harassing Infantino ahead of presidential election
FIFA accuses UEFA of harassing Infantino ahead of presidential election
FIFA lawyers claimed UEFA is harassing Gianni Infantino, in a court filing urging a Florida judge to deny the European soccer body’s request for evidence discovery about a World Cup private investor plan that has rocked the sport.
From mega-projects to private capital: Egypt's next phase of growth
From mega-projects to private capital: Egypt's next phase of growth
Egypt is entering a new phase of economic development, with the state seeking to turn the infrastructure built over the past decade into a platform for private investment, industrial growth and greater integration with global value chains.
Tourism that shows the real Egypt
Tourism that shows the real Egypt
Millions flock to Egypt's beach resorts every year, but some operators are keen to give tourists a more authentic experience, writes Ben Payton. Egypt has been a tourism success story in recent years. Visitor numbers ballooned from 13m in 2019 to 19m last year, according to government figures. Tourism helps sustain almost 3m jobs and brings more than $15bn a year into the country's coffers. The surge in visitor numbers in recent years is a reflection of the growing availability of cheap flights from Europe, as budget airlines and tour operators cater to holidaymakers attracted by Egypt's year-round sunny climate.…
Egypt powers urban transformation
Egypt powers urban transformation
Egypt's minister of housing, utilities, and urban communities Randa El Menshawy says the country has shaken up planning to encourage massive urban development. Egypt has undergone one of the most ambitious urban transformation programmes in the world in recent years. From your perspective, what has been the most significant achievement in reshaping the country's housing and urban landscape? One of Egypt's greatest achievements has been transforming urban development into a comprehensive national development strategy rather than isolated construction projects.…
CI Capital eyes regional growth
CI Capital eyes regional growth
The diversified financial services group is expanding beyond its Egyptian base into the Gulf.
Central Bank Governor: Inflation targeting and price stability are our priorities
Central Bank Governor: Inflation targeting and price stability are our priorities
Governor Hassan Abdalla says the Central Bank of Egypt has sent a clear message to global markets that Egypt remains committed to credible, disciplined and market-oriented policies.
Mastercard champions a more connected digital future for Africa at GITEX Nigeria 2026
Mastercard champions a more connected digital future for Africa at GITEX Nigeria 2026
As Africa’s digital economy continues to evolve, the conversation is shifting from adoption to value creation. At GITEX Nigeria 2026, held in Abuja and Lagos from August 31 to September 3, Mastercard brought together perspectives on interoperability, financial innovation, local capability, and cybersecurity, highlighting the critical building blocks needed to create a more connected, inclusive, […]
Etango Construction Early Works Update
Etango Construction Early Works Update
BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN Etango Construction Early Works Update Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) is pleased to report continued strong progress across construction early works activities at […] BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN Etango Construction Early Works Update Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) is pleased to report continued strong progress across construction early works activities at its Etango Uranium Project (Etango Project or Etango).…
Exiled Guinea-Bissau President Embalo signals return amid political tension
Exiled Guinea-Bissau President Embalo signals return amid political tension
Guinea-Bissau's exiled former president Umaro Sissoco Embalo, who was ousted in a November coup, told AFP on Monday he will return and run for president in an election due on December 6.
Dangote says Kenya court ruling will not halt Lamu refinery groundbreaking
Dangote says Kenya court ruling will not halt Lamu refinery groundbreaking
Dangote Group said a Kenyan court ruling over a land rights dispute will not halt the groundbreaking ceremony for its planned 700,000-barrel-per-day (bpd) oil refinery in Lamu, although some activities at the site could be affected.