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What the markets are doing on 8 April 2024
The EGX30 closed with a 1.3% gain today in the last session before the long Eid break on turnover of…
Food inflation is falling across wealthier countries
Food inflation dips across rich nations: Food inflation in rich nations has dropped to its lowest level since before Russia…
Edtech platform Almentor gears up for an international IPO this year
The company is also in talks to raise USD 10 mn that will help fund the use of AI on…
What the markets are doing on 7 April 2024
The EGX30 fell 1.2% at today’s close on turnover of EGP 2.8 bn (44.5% below the 90-day average). Local investors…
Gaza ceasefire talks continue in Cairo. Plus: Almentor gears up for an international IPO
Good afternoon, folks, and happy Sunday. It feels like everyone has set up the holiday mode already. Cairo streets are…
Africa’s private capital took a hit in 2023 amid global investment slump
Private capital activity declined 28% y-o-y, with only 450 transactions in 2023
What the markets are doing on 4 April 2024
The EGX30 rose 2.0% at today’s close on turnover of EGP 3.2 bn (36.2% below the 90-day average). Foreign investors…
Goldbug nation
Plus: Rate watchers on both sides of the Atlantic are tripping over themselves trying to suss out when the cuts…
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