Search

Egypt Confronts Economic Hardships as Austerity Bites

Allen dreyfus Logo
© Allen Dreyfus
  • President Sisi urges resilience as Egypt faces record low currency values and high inflation.
  • Egypt navigates economic reforms and austerity to maintain stability.

 

 As Egypt’s economic woes deepen, President Abdel Fattah al-Sisi addressed the nation today, highlighting the resilience of Egyptians in the face of spiralling prices and a faltering currency.

Recent Business

Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Afreximbank raises $527mn in Japan as investor demand surges
Read More »
A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania faces funding freeze fears amid election backlash and ICC pressure
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights