Browsing: growth

In July, Eurozone factory production experienced its most significant growth in nearly four and a half years, even as new orders continued to be weak. The S&P Global Eurozone Manufacturing Purchasing Managers’ Index increased to 51.9 from 51.4 in June. This was its strongest reading since April and maintained the measure above the 50 mark that indicates expansion. The final figure was just shy of an earlier projection of 52.0. Conditions within factories improved at the beginning of the third quarter.

The Africa Business Investment Summit (ABIS) 2026 takes place on August 27-28, 2026, at MGM National Harbor, Washington DC Metro Area under the Patronage of His Majesty Otumfuo Osei Tutu II, King of the Asante Kingdom, in partnership with the Millennium Excellence. A gathering of investors, business executives, and African government officials will place approximately $4 billion in investment opportunities before global institutional capital, reflecting a growing interest in the continent as investors look beyond traditional developed markets for higher returns, diversification, and long-term growth. The Summit will open with a royal keynote from the Asante King Otumfuo Osei Tutu II, and feature institutional investors, private equity and private credit firms, multilateral development institutions, blended finance organizations, development finance institutions, sovereign representatives, policymakers, family offices, and business leaders to explore investment opportunities across infrastructure, mining, natural resources, agriculture, manufacturing, technology, energy, and other strategic sectors.

Egypt’s GDP grew 5.3 percent in Q1 FY 2025/2026, the strongest in three years, led by gains in manufacturing, construction, and tourism.