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What we’re tracking on 22 October 2020
Good morning, friends, and happy Thursday. The big news of the day from where we sit is Moustafa Madbouly’s warning…
What we’re tracking on 19 October 2020
Good morning, friends, and welcome to a typically slow (but not dull) Monday, which oddly enough is usually the slowest…
EIB approves EUR 750 mn loan for Egypt’s SMEs, World Bank mulls railway funding
DEBT WATCH- The European Investment Bank (EIB) has approved a EUR 750 mn facility for Banque Misr to on-lend to…
Mobile operators are bidding to become Africa’s bankers
Africa’s mobile network operators are using the pandemic as a chance to (literally) bank on the continent’s huge growth potential.…
Who’s got licenses for what?
CI Capital’s consumer finance arm Souhoola has been awarded a consumer finance license by the Financial Regulatory Authority, the company…
Gov’t requests another EUR 250 mn from EBRD for Abu Qir metro project
DEBT WATCH- More EBRD funds in the pipeline for Abu Qir metro conversion project? The European Bank for Reconstruction and…
Egypt’s CIB taps JP Morgan’s Jay-Michael Baslow as non-exec board member
MOVES- CIB has asked Jay-Michael Baslow (LinkedIn) to join its board of directors as a non-executive, independent member, the banksaid.…
Intesa Sanpaolo buys back IFC’s stake in Alexbank
M&A WATCH- IFC offloads 9.75% stake in Alexbank: The International Finance Corporation has sold its 9.75% stake in Bank of…
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