• About
  • Advertise
  • Contact
Wednesday, December 3, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Foreign

Egypt showcases $30bn new administrative capital

Vital News by Vital News
May 18, 2022
in Foreign
0
Share on FacebookShare on Twitter

By Silas Nwoha

Egyptian authorities have led top journalists from sub-Saharan Africa on a guided tour of the country’s new administrative capital, which has gulped 30 billion dollars so far.

Journalists were taken on the guided tour on Tuesday.

The News Agency of Nigeria (NAN) reports that the ambitious project started seven years ago and it appears to be on course to be the best capital in Africa.

The Egyptian Government resorted to building a new capital to ease the worsening congestion in the country’s ancient capital, Cairo.

RelatedStories

Former Bolivian President Anez Leaves Prison After Sentence Annulled

Zohran Mamdani Elected First Muslim Mayor Of New York

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

Cairo is currently bursting to the brim with no more space for housing development made worse by ageing high-rise structures many of which were built in the last century.

Records has it that Cairo was founded in 2000 BC by a king named Menes, who united Upper and Lower Egypt, which later resulted to the establishing of the city of Cairo in the 10th century.

The city has remained a centre of learning and commerce and colonisation by Britain in the late 19th century has changed nothing in the way of life of the people.

But with its current population now put at 23 million residents, it has become difficult for the city to cope with its huge population.

Cairo, which is also the melting pot of the Arab world and its rich history is full of skyscrapers on limited landscape, covering some 3,085 km of land, according to records.

The limited land area of Cairo forced the Egyptian Government to resort to building a new administrative capital on an area between Cairo and the Suez Gulf, east of Egypt.

The new capital covers a land area of 730 square km with architectural masterpieces dotting the entire landscape, depicting the best in Arabian architecture, way of life and thinking.

Mr Khaled El-Husseiny Soliman, Director of Government and International Coordination of the Administrative Capital for Urban Development, told NAN that thenew capital would be home to 6.5 million residents.

According to him, the project being handled by about 600 investors, 100 of whom are from Arab countries is expected to be completed now and 2030.

He said that the new capital was being financed totally by the Egyptian Government and that the government had not borrowed any money from external sources to finance the project.

Soliman said that up to 50 countries had secured spaces for their residences in the new capital with banking areas, religious and cultural centres among others also provided.

Twenty seven journalists from 22 countries in sub-Saharan Africa arrived in Egypt on May 14 on the invitation of the government, to showcase the huge potential of the Arab nation to the world.

Egypt with a population of about 105 million people is the third largest nation in Africa after Nigeria and Ethiopia.

The North African nation, which commands a 438.35 billion dollars economy is currently the richest country in Africa, followed by South Africa, Algeria and Morocco.

Years of relative peace and stability have placed the country on steady progress, making it a centre of learning in Africa and the Arab world. (NAN/vitalnews)

Tags: CairocapitalEgyptyour
Previous Post

2023: U.S. vows to impose visa restriction on promoters of election violence in Nigeria

Next Post

IITA launches post harvest loss projects in 8 states

Vital News

Vital News

RelatedStories

Former Bolivian President Anez Leaves Prison After Sentence Annulled
Foreign

Former Bolivian President Anez Leaves Prison After Sentence Annulled

November 6, 2025
Zohran Mamdani Elected First Muslim Mayor Of New York
Foreign

Zohran Mamdani Elected First Muslim Mayor Of New York

November 5, 2025
Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India
Foreign

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

October 15, 2025
Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire
Business

Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

October 12, 2025
Japan Gets First Female Prime Minister
Foreign

Japan Gets First Female Prime Minister

October 4, 2025
Next Post

IITA launches post harvest loss projects in 8 states

Lagos bans commercial motorcycle operations in Ikeja, Apapa, 4 other LGs

FG suspends Ahmed Idris, Accountant -General of the Federation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Oil Producing Communities Kick Against Unfair Treatment Of Dangote, Modular Refineries By NNPC, IOCs

Oil Producing Communities Kick Against Unfair Treatment Of Dangote, Modular Refineries By NNPC, IOCs

1 year ago

Oyo Resumes Evacuation Of Beggars, Destitutes, Mentally ill

3 years ago

9 Law Professors, 3 EFCC Lawyers, 50 Others Emerge Senior Advocates of Nigeria

3 years ago
Izon Cultural Centre Reaffirms Support For Dr Dennis Otuaro,  Condemns Mese’s Comments On PAP

Izon Cultural Centre Reaffirms Support For Dr Dennis Otuaro, Condemns Mese’s Comments On PAP

4 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

President Tinubu Nominates ex – CDS Christopher Musa As New Minister Of Defence

CUSTECH Graduates Charged To Be Good Ambassadors

Popular Professor Of History And Pro Chancellor Of OAU, Siyan Oyeweso Dies At 64

Governor Ododo Unveils Kogi 2026 Budget Estimate Of N820.490billion

Insecurity : Nigeria’s Defence Minister, Badaru Abubakar Resigns

We Have Capacity To Meet Local Demand, No Need For Nigeria To Be Importing Fuel — Dangote

Trending

NSCDC Arrests Three Suspects In Kwara For Stealing Railway Clips, Nuts
Crime

NSCDC Arrests Three Suspects In Kwara For Stealing Railway Clips, Nuts

by Vital News
December 2, 2025
0

The Nigeria Security and Civil Defence Corps (NSCDC), Kwara State Command, has arrested three suspects over the...

BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT

Newly Introduced Measures Will Improve Security Situation – TVM

December 2, 2025
Yuletide : Dangote Refinery Promises To Supply 1.5billion Litres Of Petrol In December, January

Yuletide : Dangote Refinery Promises To Supply 1.5billion Litres Of Petrol In December, January

December 2, 2025
President Tinubu Nominates ex – CDS Christopher Musa As New Minister Of Defence

President Tinubu Nominates ex – CDS Christopher Musa As New Minister Of Defence

December 2, 2025
Ododo Excited As CUSTECH Graduates Pioneer Students, Offers Automatic Employment To 20 Best Graduating Students

CUSTECH Graduates Charged To Be Good Ambassadors

December 2, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • NSCDC Arrests Three Suspects In Kwara For Stealing Railway Clips, Nuts December 2, 2025
  • Newly Introduced Measures Will Improve Security Situation – TVM December 2, 2025
  • Yuletide : Dangote Refinery Promises To Supply 1.5billion Litres Of Petrol In December, January December 2, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In