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Raya Holding to anchor new VC fund
Because everybody is either a startup or a VC, right? Raya Holding has earmarked EGP 100 mn to invest in…
Centamin is pouring resources into Sukari in search of higher-grade gold
Centamin to pour resources into Sukari in search of higher-grade gold: Egypt-focused Australian gold miner Centamin will invest USD 595…
Gov’t investment portfolio to go 100% green by 2023
Egypt is doubling down on its plans to go green, with a strategy to exclusively back green projects by 2023,…
Also on our radar on 30 November 2020
Egypt’s drive for commodities self-sufficiency continues: A ban on white and raw sugar import will remain in place for an…
2.3 mn jobs were lost during lockdown
Some 2.3 mn jobs were lost during the lockdown in 4Q2019-2020, according to statistics in the Finance Ministry report (pdf)…
Big new rail company plans to invest USD 10 bn + tons more rail transport news from Cairo ICT
INVESTMENT WATCH- Big new rail company plans to invest USD 10 bn + tons more rail transport news from Cairo…
Diplomacy + Foreign Trade on 24 November 2020
The French are dominating coverage on the diplomacy front this morning after Orange CEO Stephane Richard met President Abdel Fattah…
MNHD signs final agreement to offload stake in Nasr Utilities
M&A WATCH- MNHD signs final agreement to offload stake in Nasr Utilities: Madinet Nasr for Housing and Development (MNHD) has…
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