Egypt earmarks $500bn to finance 300 projects across Africa
Egypt has unveiled a $500bn “Team Africa” initiative targeting nearly 300 development projects across Africa. The proposal aims to close the continent’s financing gap and tackle poverty, unemployment, and food and energy insecurity. Under Egypt’s NEPAD chairmanship, the agency expanded its budget, secured fresh funding, and passed the EU’s institutional assessment. READ ALSO: 21-year-old apprentice kills…