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What we’re tracking on 6 April 2021
Good morning, everyone, and happy hump day. We have another busy news day for you as the inexorable march toward…
Brace yourself for record (but uneven) global growth this year
World economy to face uneven growth post-pandemic despite a speedy recovery, says Bloomberg: The global economy, on average, is on…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
Egypt’s primary surplus puts it on track to sustainable debt strategy -World Bank
Egypt’s primary surplus heading into the pandemic helped cushion the blow to its public debt, despite higher debt levels that…
Tamweely is getting closer to a booster
Microfinance player Tamweely could soon secure a EGP 100 mn loan from the European Bank for Reconstruction and Development to…
Just when you thought the talk of an emerging-market debt crisis was over…
UN chief urges action to prevent incoming EM debt crisis: The UN secretary-general has warned that growing debt in the…
Around the World on 29 March 2021
The US is “not ready” to lift USD 370 bn worth of tariffs on China, with newly appointed Trade Representative…
Also on our Radar on 25 March 2021
Legislation that would impose harsher penalties for FGM earned approval (somewhat begrudgingly) from the House Legislative Committee yesterday, after the…
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