Janet Yellen, the United States Secretary of the Treasury, will undertake mid-January a trip to Sub Sahara Africa following the U.S-Africa summit during which President Joe Biden pledged a win-win partnership in reaction to Russia’s and China’s growing presence in Africa. The former Chair of the Federal Reserve, according to her department, will visit South […]
The Egyptian Government has secured an €8 million agreement with the European Union (EU) through the EU Tigara program to enhance trade, industry, and market access. According to the Ministry of Planning and International Cooperation, the initiative aims to strengthen Egypt’s enterprise growth and trade mechanisms, while boosting the involvement of small and medium-sized Egyptian […]
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
