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Gov’t is getting USD 250 mn to boost food + energy security
The loan will be equally split between the EGPC and GASC
FinMin takes USD 500 mn samurai bond issuance to market
Our second Samurai bond issuance is part of the government’s efforts to diversify its debt
AFC lines up USD 1 bn+ investment after Egypt becomes paid-up member
Renewables, gas, heavy industry, tech and finance could receive funding.
THIS EVENING: National Paints Holdings ups its offer for Pachin + Africa Finance Corporation plans to invest USD 1 bn in Egypt
Good afternoon, wonderful people. Hump day is definitely a news dump day this week, as plenty of privatization stories are…
House passes amendment giving foreign tax authorities access to expats’ financial info
House gives its final nod to Unified Tax Procedures Act amendment: The House of Representatives yesterday voted through a controversial…
Lekela earmarks USD 2 bn to grow its Egyptian renewables portfolio
Renewable power company Lekela Power is looking to invest USD 2 bn in Egypt over the next four years as…
Wall Street bankers wary of what the future holds
Wall Street bankers reiterated their warnings about the global economy at the Future Investment Initiative in Riyadh yesterday, Reuters reports.…
Infinity, AFC eye USD 4 bn to double Lekela’s capacity
Infinity + AFC plan USD 4 bn investment to double Lekela’s capacity: Our friends at renewables player Infinity Group and…
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