African markets and business updates

Africa has spent decades talking about economic integration which is why the African Continental Free Trade Area (AfCFTA) offers perhaps the most consequential opportunity to turn that aspiration into an economic reality. But signing a trade agreement is not the same thing as creating a functioning continental market.

As the grand finale of its milestone 40th-anniversary celebrations, the Pan-African banking leader unveils ambitious 2030 lending targets - USD 2.0 billion for Ellevate and USD 600 million for agricultural value chains - to drive economic sovereignty, food security, and regional integration under the AfCFTA.

Egypt's minister of transport, Kamel Al-Wazir reveals how Egypt is transforming its ports, railways and roads into a powerful engine for regional trade and investment.

Minister Raafat Hindy says fibre-optic networks have expanded, 5G has been rolled out and mobile spectrum has been allocated in an ambitious technology push.

A Cairo hub is at the heart of an ambitious plan to unleash the potential of Egypt's tech entrepreneurs and crowd in international capital.

SAMCO's international operations account for around 15% of the construction firm's activities, a proportion expected to grow rapidly as it targets African markets.

Fintech companies such as Rimmit and Menthum are addressing structural gaps in the financial system, helping to unlock the spending power of millions of under-served Egyptians.

Prime Minister Mostafa Madbouly says that achieving macroeconomic conditions that support investor confidence and shape domestic and foreign investment decisions is crucial.

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?…

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.