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Posted inAlso on our Radar

Classera plans Egypt expansion

COMMODITIES- State grain buyer GASC reportedly purchased 80k tons of Russian wheat at USD 339 per ton for shipment in the first half of February on a cost and freight basis, traders told Reuters. It’s not final: Some traders believe that the purchase may require the World Bank’s approval seeing as it will be paying […]

Posted inCALENDAR

DECEMBER 31 December (Saturday): E-invoicing registration deadline. December: Egypt to expand Sudan electricity link capacity to 300 MW. JANUARY 2023 January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time. January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela […]

Posted inFOR YOUR COMMUTE

Has the NFT bubble permanently burst? + Meta isn’t saying goodbye to AR just yet, despite losses

With the NFT market on life support, creators are pivoting to real-world assets to stay afloat: The market for non-fungible tokens (NFTs) has been plummeting since April amid a broader sell-off of crypto made worse by the collapse of major crypto exchange FTX, the Financial Times reports. Sales of NFTs fell 87% since March of […]

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