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Egypt to unveil IPO program details for state companies within 2 weeks
Egypt’s Prime Minister Mostafa Madbouly has announced the government’s intention to unveil the plan for offering state-run companies on the Egyptian Exchange (EGX) in 2023 within two weeks. Madbouly, Asharq business reports, indicated that the Cabinet would soon reveal the names of the companies to be offered on EGX throughout 2023. Egypt has been planning […]
Egypt: EGPC to convert petroleum debts into bonds
Authorities overseeing the Egyptian General Petroleum Corporation (EGPC) are considering the conversion of their debts of more than $5 billion into bonds. The idea came as proposals and discussions with the Egyptian Central Bank to scrutinize it have resulted in a positive outcome. These debts are owed to foreign oil companies operating in the country. […]
Algeria Resumes Summary Deportations of Sub-Saharans amid Anti-migrant Populism
After the scandalous racist remarks of Algerian leaders against sub-Saharan migrants, and in a blatant violation of commitment under the 1951 Geneva Convention, Algerian authorities resumed earlier this week arbitrary expulsions of Sub-Saharan migrants and asylum seekers who were abandoned in harsh conditions on the border with Niger, media reports said quoting international humanitarian NGOs. […]



