African markets and business updates

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.…

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.…

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.…

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.…

Minister Badr Abdelatty explains how Egypt is turning diplomacy, trade and connectivity into strategic tools for influence, investment and economic 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.

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'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.…

The diversified financial services group is expanding beyond its Egyptian base into the Gulf.

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.