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From Cape to Cairo
Vodafone’s South African subsidiary is making a play for Vodafone Egypt: Vodacom has made an initial offer to acquire Vodafone…
Abu Dhabi Ports could invest USD 500 mn in Egypt
Abu Dhabi Ports (ADP) plans to invest USD 500 mn in Egypt, should it be successful in winning the contracts…
THIS MORNING: The Fed taper is here; COP26 continues with new Africa lending initiative; Republicans deal blow to Biden.
Well, friends, we’ve just about made it through another workweek together. The big story here at home this morning as…
Let’s skip the formalities and just SPAC
Two companies are already eyeing setting up SPACs in Egypt to acquire and list fintech players, Zulficar & Partners founding…
TONIGHT: Kids are getting Pfizer shots in Egypt + we have appetite for SPACs already + the Unified Budget Act is on the docket for parliament
It’s another news dump day on hump day, ladies and gentlemen. And if you’re like some of us here and…
The SPACs cometh
SPACs could be landing in Egypt soon, after the Financial Regulatory Authority’s (FRA) board greenlit a proposal to allow the…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Zilla Capital acquires two firms, eyes two more acquisitions
Investment firm Zilla Capital has acquired Naeem Holdings subsidiary Naeem Capital Investment, according to an EGX disclosure (pdf). Naeem Capital…
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