Opinion
Climbing sand: Russia’s faltering advance in Africa’s Sahel
For years, Russia has sought to establish itself as a power broker in Africa, using the Sahel as a showcase
Egypt's foreign debt climbed by $3.5 billion in the three months to the end of December, according to central bank data released on Thursday.
Total foreign debt rose to $168.0 billion from $164.5 billion at the end of September and $162.9 billion at the end of December 2022.
Egypt has quadrupled its foreign debt since 2015 to help fund a new capital, build infrastructure, buy weapons and support an overvalued currency.
Read next
Egypt
Egypt-AU trade exchange rises 5.7% to $9.2bn in 2023
According to the Central Agency for Public Mobilization and Statistics (CAPMAS) trade exchange between Egypt and the African Union countries
Opinion
The fastest growing economy in the Maghreb may surprise you
For the second year in a row Libya is on the International Monetary Fund’s (IMF) list of the top
Algeria
Algeria Launches $7 Billion Phosphate Megaproject
Algeria has unveiled the $7 billion Bled El Habda integrated phosphate megaproject in Tebessa province, marking a major milestone in
Egypt
Microsoft shuts down Egyptian phishing operation
Microsoft dismantled 240 fraudulent websites linked to an Egyptian cybercrime operation selling do-it-yourself phishing kits, the software giant announced Thursday