Egypt Archives - Wontumi Online

12 Jul

Ghana Overtake Egypt With Highest Interest Rates Among 15 Top African Countries

wontumionlineBusinessBoG, Egypt, Ghana, Interest rates

Ghana overtook Egypt with the highest interest rates among 15 top African countries. According to the Weekly Fixed Income Update compiled by some investment firms, the rates of about 24.39% and 26.03% for the 91-day and 182-day treasury bills were the highest among these top African economies. Despite the rates falling significantly in March 2023 due to the Domestic Debt Exchange Programme, they have gone up consistently to almost 30% (364-day bill) since then, and are also classified among the highest globally. The 91-day bill and 182-day bill have fallen by 10.97% and 9.95% since March 2023. Again, average lending…

05 Jul

U-23 AFCON: Egypt, Morocco Set Up Final Clash, Book Olympic Slots

wontumionlineSportsEgypt, Morocco, U-23 AFCON

Egypt will face Morocco in the final of the 2023 U-23 Africa Cup of Nations (AFCON) following victories on Tuesday night. Egypt, who won the last edition of the U-23 AFCON, booked their place in the final of the competition with a 1-0 win over Guinea. The Young Pharaohs kept alive their hopes of defending the title and also earned their place in next year’s Olympic Games in Paris thanks to the victory in Tangiers. Mohamed Shehata Mahmoud’s brilliant first-half strike was the difference between the two sides in the cagey contest. In the other semifinal game, the host, Morocco…

09 Feb

Club World Cup: Egypt’s Al Ahly Lose To Real Madrid In Semi-Final

wontumionlineSportsAl Ahly, Egypt, Real Madrid

Africa's quest for a third Club World Cup final appearance ended after European champions Real Madrid beat Egypt's Al Ahly 4-1 in the semi-final on Wednesday. Al Ahly's well organised defence capitulated as Vinicius Jr opened the scoring three minutes before half-time with Federico Valverde doubling the lead just after the break. The Red Devils competed well after the hour mark, and the pressure paid off when Eduardo Camavinga tripped Hussein El Shahat inside the box. Tunisia's Ali Maaloul tucked away the penalty to make it 2-1 in the 65th minute. Al Ahly had their moments during a frenetic second…

28 Dec

CHAN 2023: Ghana Face Egypt Friendly Test On Tuesday

wontumionlineSportsBlack Galaxies, CHAN 2023, Egypt

Ghana’s CHAN team, the Black Galaxies will play a friendly game against the national U20 team of Egypt, the Young Pharaohs at the Cairo International Stadium on Tuesday, December 27, 2022 at 2:45pm. Ghana’s homebased national team are currently in Cairo as part of preparations for the upcoming TotalEnergies African Nations Championship(CHAN) which will be staged in Algeria from January 13- February 4, 2023. A delegation made up of players, technical staff and officials arrived in Cairo on Saturday and held an intensive training session at the Pyramid FC training pitch on Monday morning. Tuesday’s friendly against Egypt’s U-20 will…