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Steps toward launching Africa’s first voluntary carbon market are gaining traction
Seven companies have expressed interest in applying for the FRA’s approval to trade in carbon emissions reduction certificates and futures…
Optimism over cryptocurrencies sours as BTC, ETH plummet amid stock market slump
The reversal in sentiment follows an uptick in crypto’s outlook after BTC EFTs hit the market
OCI sells blue ammonia project for USD 2.4 bn. PLUS: News from Valu, KarmSolar, I-Score
The project will have a production capacity of 1.1 mn ton of blue ammonia per year during its first phase
Could the private sector help revive state-owned tire maker Trenco?
The government is looking to team up with the private sector to revive and develop Trenco with investments of USD…
Global markets meltdown hit home — the EGP hit six-month lows
The EGX30 dropped 2.3% to close at 27.8k yesterday
What the markets are doing on 5 August 2024
The EGX30 fell 2.3% at today’s close on turnover of EGP 4.1 bn (14.4% above the 90-day average). Foreign investors…
Global stock selloff sees Japan’s Nikkei face worst day in 37 years
Good afternoon, folks. We’re only two days into the work week, but it's heating up to be a big week…
Investors are piling into Turkish assets as the country’s reform program bears tentative fruit
TRY-denominated bonds have risen 6.3% since March’s rate hike — far outstripping the average 1.1% increase across similar emerging markets
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