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European Union supports expansion of logistics lifeline for people in Gaza

The United Nations World Food Programme (WFP) welcomes the support of the European Union in strengthening the logistics capacity of Egyptian Red Crescent-run aid hubs in the northeast of Egypt which are a critical part of relief efforts for people in Gaza. This vital support will expand inter-agency storage and cargo consolidation operations at multiple […]

Uganda: Oil companies seek to import special petroleum products

Uganda: Oil companies seek to import special petroleum products

Oil marketing companies (OMCs) under their umbrella body, Sustainable Energies and Petroleum Association (SEPA) want the amendment of the Petroleum Supply Act to take into consideration a provision to allow them import and supply special petroleum products. The association although in agreement with the bill’s proposal to make the Uganda National Oil Company (UNOC) a […]

First Batch of Overseas Filipinos from Gaza Return to the Philippines

First Batch of Overseas Filipinos from Gaza Return to the Philippines

The first batch of 35 are now heading to the Philippines. Embassy officers and staff, led by Ambassador Ezzedin Tago, assisted the group at the Cairo International Airport for their flight. While in Cairo, the Embassy made arrangements for medical checkups, visas and flights.  An Embassy team, led by Vice Consul Bojer Capati, remains near the Rafah […]

Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023

Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place in Cairo from 9 to 15 November. Positioned as […]

Afreximbank announces $1-billion African Film Fund

Afreximbank announces -billion African Film Fund

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, announced in Cairo today. Addressing the opening of the 2023 CANEX Summit held as part of the third […]

African Development Bank, leaders commit to catalyse investment in cities as engines of the continent’s economic growth

African Development Bank, leaders commit to catalyse investment in cities as engines of the continent’s economic growth

African Development Bank President Akinwumi Adesina (www.AfDB.org) on Thursday pledged greater commitment to the development of cities and stressed the need for increased investment and autonomy for municipalities, the continent’s engine for economic growth. The Bank chief spoke at a high-level forum for mayors titled: “Leveraging Cities and Municipalities for National Development,” held on the […]

Saudi Fund for Development Provides Over $580 Million in Development Loans to African Countries for Key Vital Projects

Saudi Fund for Development Provides Over 0 Million in Development Loans to African Countries for Key Vital Projects

The Saudi Fund for Development (SFD) (www.SFD.gov.sa) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today, 14 new development loan agreements with 12 African ministers, worth over USD $580 million to fund projects in healthcare, water, education, and transportation sectors in Angola, Burkina Faso, Benin, Burundi, Cabo Verde, Guinea, Malawi, Mozambique, Niger, Rwanda, Sierra Leone, and […]

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