Egypt has emerged as one of the world’s most active nuclear builders and is currently the only African country constructing multiple reactors. Egypt is currently constructing four nuclear reactors, making it Africa’s leading nuclear builder. Egypt’s new reactors will add around 4.8 GW of capacity, ranking it among the top nations expanding nuclear energy. China…
Nigeria’s foreign exchange buffers have expanded sharply over the past two years, with net reserves rising more than sevenfold as the country overhauled its currency management framework. Nigeria’s net foreign exchange reserves rose 772% in two years to $34.8 billion at the end of 2025. The figure now exceeds the country’s total gross reserves recorded…
Egypt’s central bank and commercial banks now hold more foreign currency than ever before. On Monday, the central bank said net foreign assets, a key measure that shows total foreign money held minus foreign debts, rose by $4.02 billion in January. The new total reached a record $29.54 billion. Egypt’s net foreign assets rose by…
