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Egypts

Egypt’s Foreign Minister and EU Envoy Collaborate for Stability in the Red Sea and Horn of Africa

On Thursday, a significant dialogue unfolded between Egyptian Minister of Foreign Affairs Badr Abdelatty and Annette Weber, the European Union's Special Representative for the Horn of Africa. This meeting, which took place against the backdrop of the annual Oslo Forum in Norway, touched upon a range of critical issues impacting the region, including the harrowing situation in Sudan, ongoing security threats in Somalia, and the essential matter of navigation in the ever-busy Red Sea. The backdrop of these discussions was…

AfDB Greenlights $184.1 Million for Egypt’s Major Solar Initiative

The Dawn of a New Era in Egyptian Renewable Energy In a significant move towards sustainable energy, the African Development Bank Group's Board of Directors has approved financing of up to $184.1 million for the Obelisk solar project in Egypt. Set against the picturesque landscape of southern Egypt, this venture is on track to become Africa’s largest solar power plant, a testament to the continent's commitment to harnessing renewable resources. Imagine a sprawling solar photovoltaic (PV) facility paired with a…

Egypt’s Foreign Minister Praises Strengthening Relations with Somalia at Oslo Forum

Strengthening Ties: Egypt and Somalia's Path Forward Mogadishu (AX) — In a compelling display of diplomacy and cooperation, Egypt’s Minister of Foreign Affairs, Emigration, and Egyptian Expatriates, Badr Abdelatty, recently celebrated the burgeoning relationship between Egypt and Somalia. His remarks at the Oslo Forum underscored a significant commitment to enhancing political, economic, and security collaboration. As we navigate the complexities of international relations, the importance of such partnerships becomes…

AfDB Secures ‘Deal of the Year’ for Egypt’s Major Wind Power Initiative

The African Development Bank (AfDB) has recently been awarded the prestigious "Infrastructure Deal of the Year" title for 2025 by The African Banker Awards. This accolade honors the Bank's pivotal role in financing the landmark 1.1 GW Suez Wind Power Project in Egypt, the largest wind energy initiative on the African continent to date. The announcement came during the African Development Bank Group’s Annual Meetings in Abidjan, Côte d’Ivoire, poignantly underscoring the institution's leadership and its…

Egypt’s Foreign Minister Reaches Out to New Somali Counterpart, Offers Support

Strengthening Ties: Egypt and Somalia's Diplomatic Endeavors (From L to R) Somalia's Minister of Foreign Affairs and International Cooperation, Abdisalam Abdi Ali, Egypt's Foreign Minister Badr Abdelatty. In a significant display of diplomatic goodwill, Egypt’s Foreign Minister Badr Abdelatty reached out to Somalia’s newly appointed Minister of Foreign Affairs and International Cooperation, Abdisalam Abdi Ali, in a welcoming phone call on Monday. This conversation was not just a mere exchange of pleasantries; it…

Egypt’s Prime Minister Joins Entebbe Summit on AU’s Somalia Mission

Prime Minister Mostafa Madbouly's Significant Visit to Entebbe On April 25, 2025, Prime Minister Mostafa Madbouly made a pivotal arrival in Entebbe, Uganda. His mission? To participate in an extraordinary summit focused on troop-contributing countries involved in the African Union Mission in Somalia (AMISOM). Such events often serve as a backdrop for evolving diplomatic landscapes, and this one was no exception. Representing President Abdel Fattah El-Sisi, Madbouly took the reins of the Egyptian delegation at this crucial…

President Mohamud Meets Egypt’s FM in Antalya on Security and Development

Antalya (AX) — A significant diplomatic engagement unfolded recently as Somali President Hassan Sheikh Mohamud met with Egyptian Foreign Minister Badr Abdelatty. This interaction took place on the vibrant sidelines of the 4th Antalya Diplomacy Forum, which launched with great anticipation in Turkey on Friday. In a moment that reverberated across the conference halls, Minister Abdelatty delivered cordial greetings directly from Egyptian President Abdel Fattah El-Sisi. With these warm words, he…

Egypt’s Suez Canal Faces $800 Million Monthly Revenue Hit

The Suez Canal: Navigating Rough Waters in Search of Economic Stability The Suez Canal, a name synonymous with maritime economics and global trade, faces rough waters once more. Imagine a once vibrant corridor, bustling with the energy of international trade, now struck by a trifecta of unforeseen challenges. This crucial waterway, which has been the heart of Egypt's economic lifeline, is currently grappling with a loss of around $800 million in monthly revenue. How did this happen? And more importantly, what does it mean…

Egypt’s Economic Strategy Yields Results with Plunging Inflation

The Economic Seesaw: Egypt's Inflation Dynamics A fascinating piece of news has recently emerged from the cradle of civilization—Egypt. The country's statistics office unveiled that February marked a significant dip in the inflation rate, which shrank to an annual 12.8%. This is notably lower compared to January's staggering 24%. Imagine this: a country that only a year ago grappled with an economic downturn is now witnessing a lighter inflationary burden. Some may ask, "What sparked this turnaround?" To fully…

Egypt’s envoy carries President Sisi’s message to Eritrea

Building Bridges: A Strategic Alliance in the Horn of Africa In a world where strategic partnerships often define the course of international relations, the recent diplomatic mission led by Abdelatty is noteworthy. It reflects an intent to weave stronger ties within the Horn of Africa amid a dynamic global landscape. But what does this mission really entail, and why does it matter? The backdrop to Abdelatty's mission was the burgeoning tripartite framework among Egypt, Eritrea, and Somalia. Born…

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