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Author Archives: enterpriseam admin
Posted inThe Big Story Today
Egypt shuffles its cabinet
Meet Madbouly’s newest cabinet: Yesterday, the House voted for a cabinet shuffle that introduced several fresh faces to take over ministries. We dive into the most notable moves below. TL;DR: The shuffle introduces 13 new ministers to the cabinet and bids farewell to 11 others. Prime Minister Moustafa Madbouly will continue to head the cabinet, […]
Posted inEconomy
Egypt’s inflation eases in January, clearing the path for rate cut tomorrow
Monthly inflation rose to 1.2%, primarily triggered by a 2.3% increase in food and beverage prices
Posted inM&A WATCH
Beltone completes EUR 197.6 mn Pan-African Baobab acquisition
Baobab brings immediate scale and infrastructure, with around 50% of its lending already disbursed digitally
Posted inAlso on our Radar
A EUR 90 mn EU grant is coming our way to support the grid and renewable energy developments
Plus: Smoke price hikes, Madinet Masr taps Al Shorouk Construction for Sarai build-out
Posted inPLANET FINANCE
China’s Treasury trim signals balance-sheet cleanup, not a break
Once the top creditor to the US, China now trails Japan and the UK with USD 683 bn
Posted inON YOUR WAY OUT
The UAE is allegedly using Ethiopia as a rear base to train Sudanese rebels
While Cairo has backed the Sudanese Armed Forces to preserve state stability, its close ally, the UAE, is now allegedly using Egyptian rival Ethiopia as a rear base for the opposition