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Egypt: Her Excellency (H.E.) Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, Meets Military Attachés Designated for Overseas Assignments
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- Integrated coordination across government policies to stimulate investment, boost production, and empower the private sector.
- Growth expected to exceed 5% in the current fiscal year, with efforts underway to reach 7% to increase employment and deliver citizen-centered development.
- International institution reports confirm the success of government measures in enhancing economic stability and overcoming multiple challenges.
- Completion of the fifth and sixth IMF reviews and the continuation of reforms reinforce positive economic prospects for 2026.
- The government continues to implement incentives that strengthen the contribution of production, exports, investment, and industry to economic growth.
- Public investment governance successfully enforced in FY 2024/2025, adhering to the EGP 1 trillion ceiling to enable private sector expansion.
- Completion of 11 high-level and ministerial joint committees in 2025 with brotherly and friendly countries, and the signing of more than 65 cooperation agreements and protocols.
- Unified horizontal objectives and clear performance indicators across all ministries to ensure coordinated efforts and the achievement of ambitious growth, employment, and export targets.
- Macroeconomic stability and reform are mutually reinforcing paths—reforms enhance stability, and stability enables reform, laying solid foundations for sustainable economic development.
H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, met with military attachés designated for overseas postings.
During the meeting, H.E. Dr. Al-Mashat noted that Egypt's economic growth rates have risen steadily since July 2024, explaining that growth is primarily driven by productive sectors—namely industry, tourism, and information and communications technology—sectors largely led by the private sector. She emphasized that 98% of the tourism sector is private, as is the industrial sector, including automotive manufacturing, chemicals, textiles and garments, household appliances, and broader manufacturing activities, reaffirming that Egypt's economy is driven by productive, private-sector-led sectors.
She explained that industrial production growth has translated into a significant increase in Egyptian exports. In tourism, Egypt is expected to approach nearly 19 million tourists this year, while tourism nights in the last quarter of the previous fiscal year reached record levels. She added that Suez Canal activity recorded positive performance in the quarter ending September and is recovering amid peace efforts sponsored by H.E. President Abdel Fattah El-Sisi and U.S. President Donald Trump. Despite Egypt being among the countries most affected by regional developments due to declining Suez Canal revenues, the economy has recovered and its indicators have improved. She noted that the Suez Canal accounts for around 12% of global trade, and any disruption has global inflationary implications.
H.E. Dr. Al-Mashat stressed that economic growth followed critical reforms implemented in March 2024, alongside measures to govern public investment and impose a fixed investment spending ceiling of EGP 1 trillion in the budget to create space for private sector expansion. This led to an increase in the private sector's share of total investment, with private enterprises now receiving the largest share of bank credit, particularly in the industrial sector.
She projected that Egypt's economy will achieve growth approaching 5% in the current fiscal year, supported by continued economic and structural reforms, with the government aiming to reach growth rates of 7% to boost employment and ensure development outcomes that positively impact citizens. She highlighted that international institution reports confirm the effectiveness of government measures in strengthening economic stability and overcoming challenges.
H.E. Dr. Al-Mashat affirmed that 2026 will represent a pivotal turning point for the Egyptian economy following fiscal and monetary reforms, the continuation of structural reforms, and efforts to open new economic horizons. The emerging economic model builds on infrastructure investments—particularly in ports and logistics zones—while focusing on higher-productivity sectors. She emphasized that Egypt's policy framework prioritizes industry, tourism, technology, and construction, noting that such reforms cannot be implemented without macroeconomic stability.
She highlighted the role of productive sectors in job creation, stressing that reforms drive employment through private-sector-led growth, particularly in industry, tourism, and ICT. She added that the completion of the fifth and sixth IMF reviews, alongside sustained reform policies, will further strengthen positive economic trends in 2026.
H.E. Dr. Al-Mashat underscored Egypt's Narrative for Economic Development: Reforms for Growth, Jobs & Resilience, which guides the transition toward a higher-productivity economic model.
She noted that the second edition includes a dedicated human development pillar, reaffirming that macroeconomic stability is a cornerstone of development through predictable fiscal and monetary policies, public investment governance, fiscal discipline, and domestic resource mobilization. Structural reforms, she added, reinforce macroeconomic stability, support the green transition, and unlock economic growth channels.
She explained that the national structural reform program follows a defined timeline and is implemented under the Ministry's supervision in coordination with more than 40 national entities. The program includes over 430 measures across sectors such as tax and trade reforms, public investment governance, social protection, private sector participation, labor market reforms, electricity and renewable energy, innovation and startups, and industrial competitiveness.
H.E. Dr. Al-Mashat further noted that the Ministry continues to strengthen partnerships with international institutions, UN organizations, and the private sector to mobilize resources and advance development finance solutions. Egypt's strong international relations, implementation capacity, and effective project design enhance access to concessional financing—lower-cost alternatives to market borrowing—without increasing debt burdens or shortening maturities.
In this context, she highlighted that concessional financing for budget support for 2023–2026 amounts to USD 9.5 billion, while the private sector has received USD 17 billion since 2020. Renewable energy was underscored as a critical alternative to reduce gas and fuel oil imports, with the government targeting 42% renewable energy by 2030.
She noted that through the NWFE Country Platform (Nexus of Water, Food and Energy), approximately USD 5 billion in concessional development financing has been mobilized for domestic and foreign private sector entities to implement renewable energy projects and support investments in the national electricity grid.
H.E. Dr. Al-Mashat emphasized that human development is a core pillar of economic development, with investment in human capital representing a direct investment in a more productive and equitable future. She noted that citizens are the (center of development), adding that 48% of public investments in the FY 2025/2026 plan are directed toward human development sectors.
She explained that the medium-term development plan, prepared in accordance with the State Planning Law, will be developed using the programs-and-performance methodology and will include shared horizontal objectives and clear performance indicators across ministries to ensure unified efforts and the achievement of ambitious targets for growth, employment, and exports.
Finally, H.E. Dr. Al-Mashat highlighted the importance of high-level and ministerial joint committees overseen by the Ministry, describing them as a key mechanism for strengthening Egypt's economic, trade, and investment relations, as well as cultural, scientific, and technical cooperation with partner countries. The Ministry oversees around 55 joint committees with countries across the globe. In 2025 alone, Egypt completed 11 high-level and ministerial committees and signed more than 65 cooperation agreements and protocols to enhance trade and investment relations.
Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation - Egypt.Alexa News Nigeria Rebrands to Alexa News Network, Sets Sights on Global Digital Reach
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In a bold move reflecting its vision for international prominence, Alexa News Nigeria (www.Alexa.ng) has officially rebranded as Alexa News Network (www.Alexa.ng), signaling a strategic shift from a predominantly Nigerian digital news platform to a global digital news network. The rebranding is designed to expand the platform's reach, enhance its international news coverage, and position Alexa News Network as a credible voice in the global media landscape. All contents and links are still working. The domain name was not changed but only branding name was changed.
The Alexa News Network announcement was made during a press briefing held at the company's headquarters in Abuja, where the leadership team outlined their ambitious plans to transform Alexa News Network into a world-class digital news network. The Founder and Chief Executive Officer of Alexa News Network, Jokpeme Joseph Omode, emphasized that the rebrand is more than a change of name—it is a declaration of the company's commitment to delivering timely, accurate, and comprehensive news to audiences beyond Nigeria.
“Alexa News Nigeria has grown to become one of the most respected digital news platforms in the country,” the CEO said. “But as the world becomes more interconnected, we realized that our audience is not limited to Nigeria alone. Today, we step into a new era as Alexa News Network, with a renewed focus on global digital reach, international reporting, and multimedia storytelling that resonates worldwide.”
The rebrand comes at a time when digital news consumption is surging globally. With millions of people turning to online platforms for instant news updates, Alexa News Network aims to leverage technology to provide real-time news coverage across borders. The network plans to offer content through its website, mobile apps, social media chAlexa News Networkels, podcasts, and live streaming services, ensuring that audiences worldwide can access news conveniently and efficiently.
One of the key components of Alexa News Network's global strategy is the expansion of international reporting. The network plans to establish bureaus in strategic locations across Africa, Europe, Asia, and the Americas, employing correspondents and stringers to cover major political, economic, social, and cultural developments. By doing so, Alexa News Network aims to provide firsthand reporting on issues of global importance, rather than relying solely on syndicated content from other agencies.
“Our goal is to become a trusted global news source that offers authentic and insightful reporting from every corner of the world,” said Jokpeme Joseph Omode. Partnerships form a critical aspect of Alexa News Network's global vision. The network has Alexa News Networkounced plans to collaborate with leading international media agencies, think tanks, non-governmental organizations, and global news platforms, creating a network of partnerships that will facilitate the exchange of content, data, and insights. These collaborations are expected to enhance Alexa News Network's reporting capabilities and credibility on the international stage.
From a technological perspective, Alexa News Network is investing in state-of-the-art digital infrastructure. This includes developing a robust website, intuitive mobile applications, and scalable content management systems capable of supporting multimedia content and high traffic from global audiences. Alexa News Network will also implement advanced search engine optimization (SEO) strategies and leverage social media algorithms to ensure its stories reach readers efficiently across continents.
The rebrand to Alexa News Network reflects a larger ambition to compete with established global news brands while maintaining a unique African perspective. Unlike many international outlets, Alexa News Network intends to provide a nuanced view of African stories and global events, highlighting connections and implications that are often overlooked by mainstream media. This approach is expected to attract audiences seeking diverse and insightful perspectives.
Financial sustainability is also central to Alexa News Network's global strategy. The network plans to diversify its revenue streams through a combination of subscriptions, memberships, advertising, sponsored content, and partnerships with international organizations. By doing so, Alexa News Network aims to maintain editorial independence while expanding its operations on a global scale.
The leadership of Alexa News Network believes that the rebranding will not only elevate the platform's international profile but also create opportunities for Nigerian journalists and media professionals. By integrating local expertise with global reporting standards, Alexa News Network aims to nurture talent capable of delivering world-class journalism.
Jokpeme Joseph Omode noted, “This is a strategic and timely move. The transition from Alexa News Nigeria to Alexa News Network demonstrates ambition and vision. With the right execution, Alexa News Network has the potential to become a major player in the global digital news industry, offering unique insights from Africa while engaging audiences worldwide.”
The official launch of Alexa News Network comes with a refreshed logo, website design, and digital platforms, reflecting a modern, professional, and globally-oriented brand identity. The leadership team has assured readers and partners that while the platform is going global, it will continue to uphold journalistic integrity, transparency, and commitment to truth, which have been hallmarks of its success in Nigeria.
As Alexa News Network charts its path toward becoming a global digital news network, the initiative represents more than a business expansion—it is a statement of confidence in the ability of African media to shape narratives on a global stage. The rebrand signals a transformative era where Alexa News Network seeks to deliver news that informs, inspires, and influences audiences around the world.
With this bold step, Alexa News Network joins the ranks of international news organizations seeking to bridge local perspectives with global coverage, positioning itself as a credible, reliable, and accessible source of news for audiences worldwide. The world now has a new platform committed to delivering quality journalism from Africa to the globe, heralding a new chapter in digital media excellence.
In an era where digital media is reshaping how stories are told and consumed worldwide, the Alexa News Network is embarking on an ambitious journey to establish itself as a premier global digital news network rooted in African perspectives. This initiative goes far beyond mere business growth or market expansion; it embodies a profound declaration of faith in the power and potential of African journalism to influence, educate, and redefine global narratives. By charting this path, the Alexa News Network is not just entering the international arena—it is actively claiming a seat at the table, ensuring that voices from the continent are heard loudly and clearly amid the cacophony of worldwide media.
Historically, global news has often been dominated by Western outlets, with African stories frequently filtered through external lenses that emphasize conflict, poverty, or exoticism rather than innovation, resilience, and progress. The emergence of the Alexa News Network signals a pivotal shift, marking the dawn of a transformative period in media where African-led platforms take center stage. This network aims to deliver news that not only informs audiences about current events but also inspires them with tales of achievement and cultural richness, while influencing public opinion on critical issues ranging from climate change and economic development to politics and social justice.
What sets the Alexa News Network apart is its commitment to bridging the gap between local African insights and global coverage. In a world increasingly interconnected through digital platforms, this network positions itself alongside established giants like CNN, BBC, and Al Jazeera, yet with a unique focus on authenticity and accessibility. It seeks to provide credible, reliable reporting that draws from on-the-ground experiences across Africa's diverse nations— from the bustling markets of Lagos to the innovative tech hubs in Nairobi, and from the vibrant cultural scenes in Cape Town to the political dynamics in Addis Ababa.
This bold move comes at a time when digital media consumption is exploding globally, particularly on mobile devices and social platforms prevalent in Africa. With smartphone penetration rising rapidly across the continent, the Alexa News Network is poised to capitalize on this trend by offering multilingual content, real-time updates, and interactive features tailored to diverse audiences. The network's vision includes high-quality journalism that adheres to ethical standards, fact-checking rigor, and balanced reporting, countering misinformation while amplifying underrepresented stories.
By becoming a global player, the Alexa News Network joins a select group of international news organizations that recognize the importance of diverse viewpoints in fostering understanding and dialogue. It stands as a beacon for other African media entities, demonstrating that homegrown platforms can achieve worldwide reach without compromising their cultural integrity. This is particularly significant in an age where global challenges—such as pandemics, migration, and environmental crises—demand inclusive narratives that reflect the experiences of all regions, including Africa's 1.4 billion people.
The implications of this expansion are profound. For audiences worldwide, it means access to fresh, nuanced perspectives on international affairs. Imagine reading in-depth analyses of how African economies are driving sustainable development goals, or firsthand accounts of technological breakthroughs emerging from the continent's startups. For African journalists and contributors, it opens doors to greater visibility, professional opportunities, and the chance to shape discourses that have long been dominated elsewhere.
Moreover, the Alexa News Network's approach emphasizes accessibility, ensuring that its content is available across various digital channels, from websites and apps to social media and podcasts. This inclusivity aligns with the democratic ethos of modern journalism, making quality news reachable to urban elites, rural communities, and diaspora populations alike. In doing so, it heralds a new chapter in digital media excellence, where excellence is measured not just by reach but by relevance and impact.
This initiative also reflects growing confidence in Africa's media landscape. Over the past decade, the continent has seen a surge in independent outlets, investigative reporting, and digital innovations. Platforms like this are building on that foundation, leveraging technology to overcome traditional barriers such as distribution challenges and funding constraints. By going global, the Alexa News Network inspires a wave of similar ventures, potentially fostering a renaissance in African storytelling that resonates far beyond continental borders.
In essence, the world now welcomes a new platform dedicated to delivering unparalleled quality journalism from Africa to every corner of the globe. The Alexa News Network's ascent represents hope for a more equitable media ecosystem—one where African narratives are not peripheral but central. As it delivers news that informs minds, inspires hearts, and influences decisions, this network ushers in an exciting era of digital media where diversity drives excellence.
This transformative step underscores a broader movement: African media rising to claim its rightful place on the global stage. With unwavering commitment to truth, innovation, and inclusivity, the Alexa News Network is not just reporting the news—it's making history by redefining how the world sees and understands Africa.
Distributed by APO Group on behalf of Alexa News Nigeria.