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Africa Crest to invest EGP 900 mn in two schools this year
Dubai-based Africa Crest Education is dusting off plans to invest EGP 900 mn in Egypt this year to establish two…
The secondary market for homes just got interesting to NBFS players — and to tech
Real estate startups Isqan.com and Qasatli have partnered up to provide installment plans to online homebuyers, Isqan said in a…
Mobile wallet users can now borrow + deposit under new regs
Mobile wallet users will soon be able to access loan and saving services in real time under new regulations (pdf)…
Slow vaccine rollout in Sub Saharan Africa threatens to plunge region into further poverty
Sub Saharan Africa’s economic recovery could lag behind the rest of the world as vaccine shortages and policy restrictions continue…
Cabinet approves AfDB financing for wastewater utilities near Luxor
Egypt will be getting at least EUR 108 mn from the African Development Bank (AfDB) to install wastewater utilities in…
National Bank of Egypt profits drop 40% in 2019-2020
State-owned National Bank of Egypt’s net income declined 40% to EGP 13.1 bn in its 2019-2020 fiscal year, compared toEGP…
Also on our Radar on 13 April 2021
Things we’re keeping an eye on this morning: Ora Developers and Telecom Egypt have signed a cooperation agreement that will…
Egypt + MENA to face higher financing needs post-covid -IMF
Rising financing needs in Egypt and MENA could threaten the post-covid recovery — and limit the scope for fiscal spending…
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