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EBRD commits EUR 30 mn to Mediterrania Capital Partners midcap fund
The impact investor’s MC IV fund will target mid-cap firms in Egypt, Morocco and Tunisia, as well as sub-Saharan Africa
Saudi-Emirati consortium to redevelop former NDP HQ -Asharq
The prime minister last month directed the SFE to transfer the site’s ownership to two companies connected to the sovereign…
THIS EVENING: We now know the Gulf firms that will be redeveloping the NDP’s former headquarters
Good afternoon, friends, and a very happy Sunday. We have a reasonably brisk start to the week here in Omm…
Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir
The government now expects investment to be up to 60% higher than in the previous fiscal year
AIIB has a pipeline north of USD 1 bn for Egypt, including backing our maiden panda bond –Kouchouk
We spoke with Kouchouk, who also leads constituency six at the AIIB, ahead of the multilateral lender’s annual meeting tomorrow…
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
Kufpec to acquire 40% of Shell offshore block
Shell acquired the North East El Amriya block from ExxonMobil in 2022
Pickalbatros to invest USD 140 mn in Morocco
The company will raise its hotel capacity in Morocco by 43%
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