Egypt is one of the highly centralised and planned economies of the African Continent. The economic outlook of the country looks very optimistic. The country registered a growth hike of 3-5% in the last fiscal year. The growth is expected to accelerate in the coming years, as a result of prolonged measures taken to improve […]
Month: April 2017
Algeria Government Tender Opportunities
Algeria is one of the largest and the most open economy of the African Continent. The foreign trade in Algeria represents 57% of the total GDP. The economic activity is mostly dominated by the agriculture sector and the rebound of Oil and gas activities. Being blessed by eighth-largest reserves of natural gas in the world […]
EIB provides 500mn$ fund for Egypt’s Cairo Metro Project
The Egyptian Government has been successful to secure US$500 million in funding from the European Investment Bank (EIB) to support the establishment of the first Cairo Metro line project. The Transportation Minister of Egypt Hesham Arafat has announced that the EIB funds will help them develop the first Cairo Metro line on the Helwan-Marg corridor. […]