The Egyptian parliament will meet Wednesday instead of Feb.17 to vote on the proposed changes to the constitution that would allow incumbent leader Fattah al-Sisi to remain in power beyond his current last term that ends in 2022. Parliament spokesman announced Sunday the rescheduled session in the pro-al-Sisi dominated house. The House last week approved […]
Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]
Africa’s energy investment landscape is undergoing a dramatic shift as China’s once-dominant role in fossil fuel infrastructure gives way to diversified, cleaner, and more commercially driven models. According to the International Energy Agency (IEA), Chinese development finance for African energy projects has plummeted by over 85% since 2015, contributing to an overall drop in public […]
