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What we’re tracking on 8 March 2020
Egypt has 48 confirmed covid-19 cases, the Health Ministry confirmed over the weekend, 45 of them passengers and crew on…
Podcasts we love: Planet Money and How to Money
Planet Money: For those who hated economics growing up. Born out of a 2008 episode of This American Life that…
Egypt’s ECHEM planning EGP 1 bn sukuk issuance
DEBT WATCH- ECHEM planning EGP 1 bn sukuk issuance: The Egyptian Petrochemicals Holding Company (ECHEM) is considering issuing EGP 1…
CBE writes off EGP 17.4 bn in debt for financially distressed firms
CBE writes off EGP 17.4 bn in debt for financially distressed firms: More than 200 companies have had a portion…
No offers for NBG’s Egypt unit -Negm
M&A WATCH- Apparently nobody wants NBG’s Egypt unit anymore: The National Bank of Greece (NBG) has not received any new…
The real problem with Africa’s pile of eurobond debt is the repayment terms, not just the amount of debt
The real problem with Africa’s pile of eurobond debt is the repayment terms, not just the amount of debt, African…
Non-oil private sector continues to shrink on falling output, export orders
Non-oil private sector continues to shrink on falling output, export orders: Business activity in Egypt's non-oil private sector remained in…
What we’re tracking on 4 March 2020
It was a return to normalcy on the EGX yesterday following Sunday’s tumultuous trading session and Monday’s half-hearted rebound. The…
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