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Egypt

Egypt is a transcontinental country located in North Africa and the Sinai Peninsula in Western Asia, with its capital in Cairo. It has a population of more than 100-million, making it the most populous country in the Arab world and the third most populous in Africa. Egypt's economy is diverse, encompassing agriculture, manufacturing, tourism, natural gas production and services, with the Suez Canal providing a critical source of foreign exchange as one of the world's most important maritime trade routes. The country's currency is the Egyptian pound, and its government operates as a semi-presidential republic. Key exports include natural gas, petroleum products, textiles, chemicals and agricultural goods such as citrus and cotton. Egypt has undertaken significant infrastructure projects in recent years, including the expansion of the Suez Canal and the construction of a new administrative capital east of Cairo. The country is a member of the African Union, the Arab League and the Common Market for Eastern and Southern Africa. Egypt plays a strategic role in regional geopolitics and has historically been a hub for labour migration, both as a source of workers moving to Gulf states and as a destination for migrants from sub-Saharan Africa. Economic challenges include high public debt, inflation and unemployment, prompting ongoing reform programmes supported by international financial institutions.

Latest Articles in 60 Seconds

Capital's Sukari waste mining contract outperforms expectations

Mining services group Capital reports second-quarter revenue of $117.3-million, taking first-half revenue to $219-million, up 37.6% year on year. Its new waste mining contract at AngloGold Ashanti's Sukari gold mine, in Egypt, has ramped up faster than expected, while the company has also expanded its Marsa Alam laboratory in Egypt to increase assaying capacity, and full-year revenue guidance remains at $410-million to $440-million.

Consortium to build 900 MW Gulf of Suez wind farm

ENGIE, Orascom Construction and Aeolus have signed a power purchase agreement with the Egyptian Electricity Transmission Company to build a 900 MW onshore wind farm near Ras Shokeir, in the Gulf of Suez, on a build, own and operate basis over 25 years, with first power due in December 2027 and full commercial operation by mid-2028.

Egypt cited as automotive hub for regional beneficiation drive

At the Manufacturing Indaba, industry body AAAM identified Egypt, alongside Morocco and South Africa, as an automotive manufacturing hub that should draw on neighbouring countries to support the original-equipment manufacturers it hosts, as Africa seeks to beneficiate minerals such as copper into components for global vehicle supply chains.

Egypt Updates


Automechanika Africa Connect Continues Momentum with Successful Dar es Salaam Event
Automechanika Africa Connect Continues Momentum with Successful Dar es Salaam Event
23rd July 2026

Automechanika successfully hosted the third stop of its Africa Connect Roadshow today in Dar es Salaam, Tanzania, bringing together automotive industry professionals for a day of networking,... 


An image of the Komet Irrigation Trigon irrigation system at a mining operation
Reliable suppression systems improve operationality, efficiency
17th July 2026

Mining activity across the Middle East and North Africa is entering a period of significant growth, owing to economic diversification initiatives and increased investment in domestic mineral... 


Electric taxis are undergoing trials in South Africa
All African countries can play a role in the automotive value chain, AAAM CEO says
16th July 2026 By: Schalk Burger

There are significant opportunities to develop component manufacturing in Africa to supply vehicle manufacturers, and each country can play a role in the automotive value chain, industry... 


The Reko Diq project area
Capital reports record revenue in the second quarter
16th July 2026 By: Sabrina Jardim

Mining services company Capital has reported another quarterly revenue record of $117.3-million for the three months ended June 30. This contributed to stronger-than-expected revenue of... 


Vodacom Group, Wits University partner to develop Africa’s future leaders
16th July 2026 By: Natasha Odendaal

Telecommunications giant Vodacom Group has partnered with the University of the Witwatersrand (Wits) on a leadership development initiative designed to prepare the next generation of leaders for... 


Image of wind farm
Gulf of Suez onshore wind farm, Egypt
10th July 2026 By: Sheila Barradas

ENGIE, Orascom Construction and Aeolus plan to develop a 900 MW onshore wind farm in the Gulf of Suez. 


A generic image of a petrol forecourt
Adnoc Distribution to acquire Shell Downstream South Africa in $1bn deal
7th July 2026 By: Lumkile Nkomfe

Multinational fuel and convenience retailer Abu Dhabi National Oil Co (Adnoc Distribution) intends to acquire 100% of the share capital of integrated energy and petrochemical company Shell... 


A globe focused on Africa
Africa attracted investment in 2025; the challenge is turning it into broader industrial development – Unctad
7th July 2026 By: Schalk Burger

Foreign direct investment (FDI) inflows to Africa reached about $70-billion in 2025, which was below the exceptional $94-billion recorded in 2024, but was the third-highest number since 1990 and... 


Ankh Resources' Wadi Dara licence area, in Egypt
Ankh completes maiden diamond drilling programme at Egypt project
6th July 2026 By: Sabrina Jardim

UK-based Ankh Resources has announced the receipt and disclosure of assay results for the seventeenth and final diamond drill hole (WDD017) of its maiden drilling programme at the Wadi Dara... 


Image of smelter
Nag Hammadi aluminium smelter project, Egypt
3rd July 2026 By: Sheila Barradas

Trafigura, Egyptian Aluminium Company, and Metallurgical Industries Holding Company have signed a term sheet and entered into exclusive negotiations to develop the project.  


LNG vessels
US LNG exports to Europe decline as Asia prices surge, more goes to Africa
2nd July 2026 By: Reuters

For the first time in nearly two years, less than half of US (liquefied natural gas) LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes,... 


Vodacom completes acquisition of additional 20% stake in Safaricom
30th June 2026 By: Natasha Odendaal

JSE-listed Vodacom Group has completed the acquisition of an additional 20% effective stake in Safaricom, increasing its shareholding to about 55%. This followed the staying of a conservatory order... 


Stuart Heather-Clark, SLR Consulting Power Sector Lead Middle East and Africa
Exciting gigawatt-scale projects across Africa, SLR reports
26th June 2026 By: Martin Creamer

To combat climate change, the world needs green molecules in addition to green electrons. “If we look how the economy is carbonised, an electron can only decarbonise between 60% to 70% of the... 


Chris Chijiutomi
£1bn-plus invested in African businesses last year – BII
25th June 2026 By: Irma Venter

UK impact investor and development finance institution (DFI), British International Investment (BII), invested £1.07-billion in Africa last year.  The figure represents 59% of BII’s total... 


Trade, Industry and Competition Minister Parks Tau
dtic exceeds investment target by 44%, talks up vast economic potential
24th June 2026 By: Sabrina Jardim

During his budget vote address on June 23, Trade, Industry and Competition Minister Parks Tau noted that the Department of Trade, Industry and Competition (dtic) and its entities attracted... 


Regional Power Pools: Africa's Greatest Opportunity to Accelerate Electrification
Regional Power Pools: Africa's Greatest Opportunity to Accelerate Electrification
23rd June 2026

As Africa strives to achieve universal access to electricity while supporting economic growth and industrialisation, regional power pools are increasingly being recognised as one of the continent's... 


Africa urged to strengthen frameworks through BRICS, AU
19th June 2026 By: Devina Haripersad

Africa must strengthen its agency in global energy governance and green industrialisation as shifting geopolitical dynamics and accelerating energy transitions reshape global trade and investment... 


A generic image of a railway line
Alstom-led consortium lands major contracts to modernise Egypt’s strategic rail corridors
18th June 2026 By: Lumkile Nkomfe

A consortium led by multinational rail systems manufacturer Alstom has signed four landmark contracts with Egyptian National Railways to modernise Egypt’s strategic railway corridors, covering the... 


Ankh Resources' Wadi Dara licence area, in Egypt
Independent review confirms technical credibility of Ankh’s Egypt gold/copper project
15th June 2026 By: Sabrina Jardim

UK-based Ankh Resources has announced the findings of an independent site visit and gap analysis of its 100%-owned Wadi Dara gold/copper project in the Eastern Desert of Egypt, completed by... 


Renewable electricity has almost made up for the drop in coal generation in SA
Renewable electricity has almost made up for the drop in coal generation in SA
12th June 2026

Egypt generated more electricity than South Africa in 2025. South Africa has held the number one spot on the continent since at least 2015, according to Ember’s Global Electricity Review 2026. 


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pqt: 0.119s - ct: 0.189s - 288pq - 2rq
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