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The article highlights the efforts of African leaders to expand the continent's aquaculture. Overall fish production rose from 80,000 tons in 1990 to more than $30,000 tons in 2003. Top aquaculture producers include Egypt, Nigeria and Madagascar. Senegalese Prime Minister Macky Sall stocked three large fish basins near the town of Tivaouane with about 70,000 fingerlings. African leaders launched the NEPAD Action Plan for the Development of African Fisheries and Aquaculture in 2005.

In another interview with pro-government TV host Amr Adeeb, Maait said there is "clear prejudice" against Egypt. B The Fitch Ratings move is deemed to be politically motivated. b Egyptian local media outlets have discussed a recent report by finance and insurance company Fitch Ratings in which it downgraded the country's credit rating. [Extracted from the article]

B The disbursement of funds to provide budgetary support is approved. b On December 16th the Executive Board of the International Monetary Fund (IMF) approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of about US$3bn. The CBE's Monetary Policy Committee (MPC) raised the overnight deposit rate and overnight lending rate to 16.25% and 17.25% respectively, the privately owned website I Youm7 i reported I (21/12) i . The pound skyrocketed to 32 against the dollar on January 11th and then settled at 29.7 by the end of the day in tandem with the Central Bank of Egypt (CBE) adopting a flexible exchange rate in accordance with the terms of the IMF financial support package. [Extracted from the article]

The article discusses various topics related to African countries, as of October 2016, including the African Ministerial Conference on Ocean Economies and Climate Change in Mauritius; international trade agreements of Egypt, and hosting of refugees from South Sudan by Uganda.

The article offers African news briefs. Egypt's number one telecommunications company, Telecom Egypt, reported an increase in profits for 2007 on March 13. Kenya's Safaricom will begin the sale of a quarter of its United States $3 billion worth of equity to investors. South African firm Altech acquired 51% controlling stake in Aameer ICT Limited.

The article reports several economic aid to member states of the United Nations. The agro-pastoral and land management promotion project in Cameroon will be funded $6 million from the Global Environmental Facility GEC. The World Bank, the Arab Fund for Economic and Social Development and Kuwait Fund will finance Egypt's railway development strategy for 2007-2008. France will lend 3.8 billion shillings to municipalities in Kenya for its waste management and the roads 2000 projects.

The article presents the March 16-April 15, 2015 edition of "Africa Research Bulletin." The edition features reports on the investment deals and aid pledges received by Egypt at a foreign investor conference, the 18th African Union-Economic Commission for Africa Conference of Ministers, and the 18th Summit of Common Market for Eastern and Southern Africa Authority of Heads of State. A report on South African President Jacob Zuma's state visit to Algeria is presented.

The article discusses the approval of the World Bank of Executive Directors on the Global Environment Facility grant in Egypt. The author mentions that the grant is comprised of $49.80 million for the El Kureimat solar thermal power plant. He explains that the aim of the project is to increase the share of renewable energy in the Egyptian generation mix. The author also explains that this project is also expected to contribute to the aim and desire of the government to diversify the power production in Egypt.

The article reports that a parliamentary committee report into the February sinking of a Red Sea ferry in which more than 1,000 people died has blamed the ship's owners, a maritime safety body and the government of Egypt. The report said the Egyptian Commission of Maritime Safety authorized the ship's sailing although it was aware of a shortage of life-rafts and fire-fighting equipment. The committee also accused the government of failing to begin a rescue operation promptly.

In This Issue World Economic Forum Davos Talks 15505 Cote d’Ivoire Political Crisis Affects Economy 15509 Kenya Back To Basics 15512 Egypt Currency Flotation 15519 Sierra Leone Diamond Exports Sparkle 15532 Tourism Southern Africa Is Favoured 15535 Egypt Dominates 15536 Contents Continental Developments 15505 Policy and Practice 15509 Communications and Transport 15524 Commodities 15528 Industries 15534 Economic Aid 15537 Rates 15508 Index 15538. [ABSTRACT FROM AUTHOR]

The article reports that Egyptian police revealed that they were able to prevent a massacre at the Karnak temple in the southern Egyptian city of Luxor, which they believe was planned to be attacked by jihadists.

The article reports on investment deals and aid pledges secured by Egypt at a foreign investor conference held at the Red Sea resort of Sharm el-Sheikh in Egypt on March 13-15, 2015. Topics include the deals and pledges as a show of support for President Abdel Fattah al-Sisi, the aim of the conference to put Egypt back on the map of international investment, and Sisi's move to amend the investment law to make it more attractive for foreign investment.

EGYPT - ETHIOPIA - SUDAN: Dam Talks Fail Again B Another round of negotiations ends without "any tangible progress". b Egypt, Ethiopia and Sudan have once again failed to agree on a new negotiating approach to resolve their years-long dispute over the controversial dam that Ethiopia is building on the Blue Nile River. Sudan and Egypt have long called for a political solution to the dispute, rejecting any unilateral action by Ethiopia. [Extracted from the article]

The article reports on the statement from the government of Egypt regarding the assistance of Saudi Arabia in financing economic projects in the Sinai Peninsula and the strengthening of the relationship of the two countries.

The article reports on the impact of a recent diplomatic dispute between the Egyptian government and Turkish government on the economic relations between Turkey and Egypt, as of December 2013. The foreign ministry of Egypt accused Turkey of continually interfering in their internal affairs after the Turkish prime minister Recep Tayyip Erdogan voiced fierce criticism of the removal of Islamist President Mohammed Mursi.

The article reports on the disagreements between Egypt and Ethiopia on the regional impact of the NIle dam. It notes that international experts were called by Egypt to conduct a study on the regional impact of a $4.2 billion, 6,000-megawatt Grand Ethiopian Renaissance Dam (GERD) in Ethiopia. However, Ethiopian Water and Energy Minister Alemayehu Tegenu stated that such study was unnecessary because a report has been completed by global experts earlier in 2013.

The article reports on economic and political developments in Egypt as of April 2012. The country is seeking the help of the International Monetary Fund (IMF) for budgetary support, with proposals to borrow 3.2 billion U.S. dollars. The move has received support from the Muslim Brotherhood-dominated Freedom and Justice Party. The country has decided to seek support from the IMF after much of the promised aid from Arab and Western donors did not materialise.

The article reports that revenues from the tourist industry of Egypt fell by 30 percent in 2011 because of the unrest in the country following the ouster of its president Hosni Mubarak. According to tourism minister Munir Fakhri Abdel Nur, tourism revenues dropped to 8.8 billion U.S. dollars as tourist arrivals drop together with their daily expenditures. The author adds that Abdel Nur was confident that the situation would improve to make up for the losses in 2011.

The article focuses on cooperation and trade in Libya. It notes that neighbouring countries are starting to consider re-establishing connections with the country following a crisis. According to Egyptian economic experts, stability in Libya can result to the demand for Egyptian labour and revival of a market for Egyptian products. China anticipates the continuation of its trade relations with Libya as the newspaper "Global Times" asks the West to resolve the problem in the country.

The article highlights the bond market breakthrough of Egypt. It is reported that the state has launched a five-year, local currency denominated Euroband worth $1 billion as part of an ongoing campaign to develop its capital markets. Analysts note that the economic reforms are convincing in which the bond is two and a half times oversubscribed. Priced at 99.05 and payable in dollars, the bond offers a yield of 8.875 percent. Finance Minister Youssef Boutros-Ghali discloses that they are going to the international markets in order to connect them to their own domestic capital markets.

The article discusses the economic reforms in Egypt. The country has been liberalizing its economy to nationalize banks and industries and place the expanding state. Government officials hope that improving the living standards will ease radicalism in the society and provide some insulation against instability in the Middle East. Furthermore, the regime's hesitation to loosen its grip is founded on a fear that paralyzed the political life of the country.

Reports on the Egyptian cabinet's approval of the state budget and the socio-economic development plan drafts for fiscal year 2004-2005. Estimated total public expenditure; Allocations for salaries and wages, basic services, and state contributions to pensions; Resources to finance investments and essential infrastructure requirements.

Reports on the budget of Egypt for fiscal year 2003-2004. Strategies to reduce the revenue-expenditure gap; Increase in domestic and foreign debt; Excessive spending on non-essential commodities.

The article reports on capital loans, general investments and financial aid received by Egypt as of May 2015. They include a loan from World Bank for a four-year programme focusing on job creation, the investment to be made by Egyptian businessman Naguib Sawiris in infrastructure, and a sovereign loan from France for power plant in Kom Ombom Upper Egypt.

The article reports on the release of a report from the Arab League in March 2011 which calls for the protection of Egypt's Nile Delta from soil erosion.

The article reports on a World Bank loan for Egypt. A loan amounting to five hundred million dollars was approved by the International Bank for Reconstruction and Development for the improvement of financial systems in Egypt. The loan was approved on May 29, 2008 and will mature in thirty years. The article mentions that the Second Financial Sector Development Policy Loan will aid Egypt in the management of risks, the implementation of financial services, and the improvement of the private sector.

The article discusses the statement issued by the Cairo Ministry of Finance that the country's public revenue is increasing despite higher world market prices on imports. It mentions that there is a fast increase in the public revenue as compared to import expenditure. Cairo Ministry of Finance also mentions that the public treasury has faced increased public spending to cope up with the world prices increases. According to Minister of Finance Youssef Butros, the increase accounts for almost 3% of gross domestic product adding the basic balance of the national economy.

The article reports on the plan to sell Banque du Caire or Bank of Cairo, headquartered in Cairo, Egypt. In August 13, 2007, Investment Minister Mahmud Mohyi-al-Din announced that the bank will be put up for sale with the start of the new parliamentary session. This means that the subscription to the bank, which will be done through international bidding, will begin on either March or April 2008. Egyptians' subscription to the bank will not be less than 20 percent of the total shares of the institution.

The article reports on the repeal of the 77-year-old Nile treaty that is said to favor Egypt. It reveals that Kenya is among the nine countries negotiating the formation of a commission to replace the 1929 treaty that restricts the use of the River Nile. Other countries discussing the repeal of the treaty include Tanzania, Uganda, and Rwanda.

The article reports on the decision of International Finance Corp. to purchase a stake in Commercial International Bank of Egypt as part of its investment. As stated in the purchase agreement, the company is entitled to a 2 percent of the bank's capital to help the Egyptian government. The bank is said to be the largest private commercial bank in the country with assets of 5.3 billion dollars and equity of 475 million dollars as of 2005.

Presents data reflecting the performance of African stock exchanges in 2004. Egypt; Ghana; Malawi; Zambia.

Reports that Egypt, along with 12 other countries in the Middle East, has been excluded in a list of states qualified for borrowing from the World Bank. List of conditions set up by the bank for cooperation; Aim of increasing growth rates and assisting economies of the region to merge in the world economy.

Reports that Bavaria Auto Trading Co., the Bayerische Motoren Werke AG representative in Egypt, plans to invest about 60 million dollars over five years in an assembly plant in the country to market production locally and in Africa. Kinds of cars to be assembled at the plant; Annual production capacity; Investors in Bavaria Auto Trading Co.

Reports on the budget of Egypt for fiscal 2003-2004. Reduction in budget allocated to foreign missions; Percentage of budget allocated to social services; Economic indicators in the country.