Category Archives: Egypt News

Egypt News

African dealmaking decreases, the Africa’s Free Trade Agreement expected to boost recovery

Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]

A Young Egyptian Researcher Attracts the Attention of British and European Oil Companies. Dr. Mohammad ElSayed Develops the First Multi-Sensing Robot System for Monitoring Offshore Oil and Gas Platforms in Britain

In an interview with Iris Media Agency, Dr. Mohammed ElSayed, a young Egyptian researcher at the University of Edinburgh, asserted that his success in developing a new multi-sensing robot has attracted the attention of both British and European oil and gas companies. Dr. Mohammad, who is currently spending his vacation in Abu Dhabi, mentioned that his novel invention will […]

How Egypt banks on renewables to meet expected surge of energy demand

Essakane hybrid power plant 15 MWp solar PV power plant in Essakane, Burkina Faso. The solar PV plant will be built next to a 55 MW Wärtsilä power plant currently running on heavy fuel oil, Africa’s largest engine-solar PV hybrid power plant.

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?  Egypt’s population has now passed 100 million. As one of the most populous and fastest-growing nations on the African continent, providing electricity […]

Egypt heads the Africa hotel development top ten

Four Seasons Safari Lodge Serengeti, Tanzania, Fall 2012. (PRNewsFoto/Four Seasons Hotels and Resorts)

With more than 15,000 rooms in the pipeline The stars of hotel development in Africa are Egypt, Nigeria, Morocco and Ethiopia, according to the 11th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source. The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, […]

Trends and Events in Africa 2018

Map of the REC Pillars of the African Economic Community. Photo Credit: Wikipedia

by Johan Burger 2018 has been an interesting year for Africa, with various events and trends becoming visible. 2016 saw the effects of the slowdown of China’s economic growth due to its rebalancing of its economy and the end of the commodity price super cycle. 2017 brought some relief. In Africa, 2018 demonstrated a number […]

Friday@Noon on Foreign Investment in Africa: 2018

African Business News

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Africa has been the recipient of foreign investment form a variety of foreign countries. In addition to the normal investors such as China, Japan, India, etc., we […]

Friday@Noon on Financial Services in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The financial services industry in Africa has seen a lot of development throughout the past few years, as was the case in 2018. Mobile telephony has driven […]

Friday@Noon on E-commerce in Africa: 2018

African Business News

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The growth and continuation of e-commerce in Africa has received various boosts during 2018. Africa’s leading online shopping platform, Jumia, reported in 2018 it wanted to make […]

Hotel industry in Africa

Investments from international hotel chains and the spread of Jovago’s impact confirm a great growth of the hotel industry on the continent. Following 142 new hotel development projects in Sub Saharan Africa (SSA) in 2014, Ethiopia is ranked among the top 10 largest markets for international hotel chain developments. North Africa has the largest hotel […]

Announcing the Launch of Innovative Computer Software for the Ancient Egyptian Hieroglyphs, Tehuty 1.0

  Revolutionary new computer software is reviving the past for Egyptologists, students, artists, designers and schools and bringing the language of ancient Egypt into a new era. London, United Kingdom, October 24, 2012 –(PR.com)– The Tehuty 1.0 software is the result of 23 years’ painstaking work by Dr. Ramses Seleem, Principal of Sia Academy for […]