Egypt plans to issue up to $20 billion of bonds denominated in foreign currency by 2022, a high-ranking official declared to the Egyptian website Entreprise, on October 9, 2018, under the condition of anonymity.
However, the source refused to detail the country’s plan or explain its vision for this important issuance. On the other hand, the source indicated that Egypt is planning the issuance of “Samurai” and “Panda” bonds in the coming 12 months and is actually leading a roadshow to present the $5 billion Eurobond that is to be issued in Q1, 2019 (according to Mohamed Maait, Egypt’s finance minister).
In addition, it was revealed that a tender process would be launched by the end of this month (October 2018) to select the investment bank which should manage the $5 billion issuance. The winning bank will be announced in November 2018.
The acquisition signals rising confidence in Africa’s digital infrastructure as a viable, long-term ...
The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...
By linking ECOWAS countries, the project enhances regional digital infrastructure, which is crucial ...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...
- Micro, small, and medium enterprises received over half of business loans in WAEMU in 2024 - Bank ...
Senegal and Vietnam discussed digital tech cooperation on July 23. Talks support Senegal’s goal to become a digital hub and expand rural...
Mali approved a $238M World Bank loan to build key roads, including Sandaré-Diéma. Project boosts the Bamako-Dakar trade corridor and rural...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth inclusion. Developing these capabilities widely is...
New industrial and trade dynamics are emerging in Africa, driven by renewable energy. The REN21 network analyzes how these value chains could strengthen...
Perched in the rugged heights of the Djebel Nefoussa in northwestern Libya, Qasr Al Haji (also spelled Ghasr Al-Hajj) is a striking example of traditional...
In southeastern Morocco, near the Algerian border, lies Merzouga—a small village at the heart of the Saharan desert, known for its monumental dunes and...