Tag: Egypt
-
Navigating the Cairo-Cape Town Highway: Balancing Economic Benefits and Sovereignty
•
The Cairo-Cape Town Highway (CCTH) project, nearing completion and expected to be inaugurated in 2024, is a groundbreaking development set to reshape African connectivity. Spanning 10,228 kilometers and traversing 11 African countries, this ambitious initiative holds the promise of significantly reducing travel time between northern and southern Africa to an…
-
Egypt Stops Using US Dollar in Trade
•
On February 15th, 2024, Egypt made a groundbreaking announcement that sent ripples through the global economy and geopolitics: it would no longer use the US dollar in its trade transactions with other countries. This decision, based on economic rationality and sovereignty, marks a significant shift in Egypt’s trade policy and…