Search

Egypt Prepares for Cabinet Reshuffle as Austerity Measures Loom

  • Prime Minister Mostafa Madbouly to form new government amid resignation
  • New government to prioritize inflation control, market regulation, and investment

 

Cairo, Egypt – Egypt is gearing up for a cabinet reshuffle, with Prime Minister Mostafa Madbouly set to form a new government following the resignation of his cabinet, the presidency announced last week. This move comes amid expected austerity measures aimed at stabilising the economy.

Recent Business

South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Is South Africa’s inflation surge warning Africa’s mineral-driven economies?
Read More »
The town of Mbandaka is a busy port on the banks of the Congo River in western DR Congo Photo: Oxfam via Creative Common
Why is Congo returning to the IMF after winning investors again?
Read More »
Ghana's central bank governor Johnson Asiama addressing the media. Photo: Bank of Ghana/Facebook
Stable rates, fragile recovery: Ghana’s economy enters a delicate new phase
Read More »

Recent Politics

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »

Latest Posts

Latest news insights