economy upfront Bound

Egypt to sell citizenship for money to compensate for bankrupt economyF

Egypt announced Wednesday it is offering citizenship to foreign investors willing to spend at least $250,000 in the country, as it struggles to fill its depleted coffers. According to state newspaper Al-Ahram, a decision by Prime Minister Mostafa Madbouli published in...

Egypt to build high-speed rail linkF

French company NGE announced Thursday it had been awarded a contract to build Egypt's first high-speed rail link, a 330 kilometre section connecting the Mediterranean and Red Sea coasts. The link will form the first section of a 660 kilometre (410 mile) line that will...

Aviation: Post-Covid Africa remains lackluster market for Boeing and Airbus ($)F

Over the past three years, African airline carriers have been dormant on the procurement front. The Covid pandemic and poor financials have been major stumbling blocks to the growth of the sector across the African continent. But the post-covid era has not stimulate...

Africa: Troubled African nations say they want to restore some “democratic” orderF

By Hillary Orinde: The African Union insisted on Sunday it had "zero tolerance" for undemocratic changes of power and vowed to push through a continent-wide free trade deal as it wrapped up a two-day summit. Leaders of the 55-nation bloc met in the Ethiopian capital...

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