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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

Egypt overtakes South Africa in electricity generation as gas-fired expansion drives 35% decade growth

Egypt generated more electricity than South Africa in 2025, ending South Africa's decade-long lead on the continent, according to Ember's Global Electricity Review 2026. Egypt's electricity output has increased by 35% since 2015, fuelled largely by gas, while its renewable share grew from 8% to 12%, with wind and solar surpassing hydro for the first time last year.

Alstom-led consortium secures €690-million contracts to modernise Egypt's strategic rail corridors

A consortium led by Alstom has signed four contracts with Egyptian National Railways to modernise the 6th of October–Alexandria corridor and Belbes–10th of Ramadan line, supporting Egypt Vision 2030. The projects will introduce European Train Control System Level 1 signalling, modern telecommunications and reinforced power infrastructure, cutting full-route travel time by nearly 80 minutes on the Alexandria corridor and strengthening freight links to major industrial zones and seaports.

Egypt inflation forecast to ease to 14.5% in May before rebounding on electricity price hikes

Egypt's annual inflation rate is expected to have eased to 14.5% in May from 14.9% in April, driven by favourable base effects, according to a Reuters poll of 15 analysts. However, analysts warn the respite will be short-lived, with Goldman Sachs forecasting inflation will peak at around 17.5% in August as electricity price hikes announced in April feed through and food inflation accelerates.

Egypt Updates


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's industrial future is still being written – and the biggest opportunities still lie ahead
Africa's industrial future is still being written – and the biggest opportunities still lie ahead
22nd June 2026

By:Chris Riley - Regional President Bosch Rexroth Africa and Chief Executive Officer of Bosch Rexroth South Africa According to the African Development Bank, Africa's manufacturing sector generated... 


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... 


Renewables Can Drive Africa’s Energy Security and Industrialisation: Energy Leaders Convene in Cape Town
Renewables Can Drive Africa’s Energy Security and Industrialisation: Energy Leaders Convene in Cape Town
18th June 2026 By: Dimpho Madiba

RES4Africa Foundation, in collaboration with Nedbank CIB and the European Investment Bank (through its development arm, EIB Global), convened a high-level roundtable titled “Beyond the Traditional... 


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. 


Magazine cover image
Necsa outlines plans for rejuvenating South Africa’s nuclear sector
5th June 2026 By: Rebecca Campbell

The South African Nuclear Energy Corporation (Necsa), the State-owned company responsible for nuclear research and technology development, as well as the provision of nuclear applications and... 


Trade remedy reviews
5th June 2026 By: Riaan de Lange

Diarise it. Diarise June 22, or circle it on your calendar if you are old school. Why should you diarise it? Well, the day is celebrated as World Rainforest Day, International Being You Day, and... 


Magazine cover image
Necsa outlines plans for rejuvenating South Africa’s nuclear sector
5th June 2026 By: Rebecca Campbell

The South African Nuclear Energy Corporation (Necsa), the State-owned company responsible for nuclear research and technology development, as well as the provision of nuclear applications and... 


Saint-Gobain Launches 4th Global Sustainable Construction Barometer, Highlighting Rising Focus on Resilience in Africa
Saint-Gobain Launches 4th Global Sustainable Construction Barometer, Highlighting Rising Focus on Resilience in Africa
28th May 2026

Saint-Gobain has launched the 4th edition of its global Sustainable Construction Barometer, offering fresh insights into how citizens, industry stakeholders, and financial institutions perceive... 


Africa on the edge of a digital future
Africa on the edge of a digital future
27th May 2026

By Steven Santini, Vice President for Secure Power, SSA at Schneider Electric The advantages of edge computing are well-documented, clear and tangible.  Many industries today benefit from its... 


A mining project site in Egypt
Egypt eyes first aerial survey in 40 years to map mineral riches
25th May 2026 By: Bloomberg

Egypt will carry out its first comprehensive aerial mining survey in more than four decades, part of efforts to unlock mineral discoveries and attract foreign investment. Xcalibur Smart Mapping... 


Vodacom CEO Shameel Joosub
Opinion: Africa’s energy transition is a growth story, but only if we act together
22nd May 2026

In this article, Vodacom CEO Shameel Joosub questions why, despite enormous renewable potential, progress in Africa's energy transition remains slow, as well as what is needed to change this... 


Factories drive Africa’s billionaires
22nd May 2026 By: Martin Zhuwakinyu

We in South Africa have long comforted ourselves with the assumption that, whatever the continent’s turbulence, our economy is Africa’s biggest, anchored by deep capital markets, globally... 


Image of Cassava Technologies CEO South Africa and Botswana Ziaad Suleman
Africa’s data centre market a generational opportunity
20th May 2026 By: Natasha Odendaal

Africa has the foundation to benefit from the growing global data centre ecosystem, delegates heard during law firm Bowmans seminar, titled Data centres and Africa’s digital opportunity: Business,... 


The World Bank logo on a wall
Eskom in early talks with World Bank, other funders for nuclear expansion
20th May 2026 By: Reuters

South Africa's state power utility Eskom is in exploratory talks with the World Bank over funding for a multibillion-dollar nuclear programme that could be launched within 12 months, a senior... 


Microsoft South Africa commercial solutions and AI officer Ravi Bhat
Global AI use increases in first quarter – Microsoft
18th May 2026 By: Schalk Burger

During the first quarter of this year, worldwide AI use increased by 1.5 percentage points to 17.8% of the world’s working age population, up from 16.3% in the second half of 2025, information... 


S&P logo
S&P says it is watching South Africa coalition, Middle East conflict risks for wider Africa
13th May 2026 By: Reuters

South Africa faces a double blow from domestic political uncertainty and external headwinds, S&P Global Ratings said, adding that it is monitoring whether the country's coalition government can... 


Image of Vodacom Group CEO Shameel Joosub
Vodacom starts Vision 2030 strong as double-digit earnings reported for year
11th May 2026 By: Natasha Odendaal

JSE-listed Vodacom Group on Monday said it has had a strong start to its Vision 2030 strategy, after delivering double-digit earnings growth for the year ended March 31. During the year under... 


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