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Banco de la República reported remittances hit US$1.189 billion in May, up 8.5% from the prior year.

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Foreign Minister Gedion Timothewos said the Grand Ethiopian Renaissance Dam and Bishoftu International Airport are confirming Ethiopia as the regional energy and logistics hub.

Norway’s Scatec plans to invest up to $5bn in Egypt’s renewable energy and related sectors over the next two years, officials announced during a meeting with Egyptian leaders.

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Egypt's Minister of Investment and Foreign Trade Mohamed Farid announced the launch of an industrial fund under the Egyptian Sovereign Fund and a unified digital platform to support industry and exports during the Fifth Engineering Export Excellence Awards.

 

 

 

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