Ghana has extended an invitation to holders of approximately $13 billion in international bonds to exchange their holdings for new instruments. This offer follows a preliminary restructuring agreement with two bondholder groups. The deadline for the offer is September 30, with an early deadline of September 20 offering a 1% consent fee for early participants. […]
Egypt has denied the claims of an Israeli Minster that the shortage of gas has forced them into buying gas from Israel. Although Egypt is experiencing gas shortages, it denied contacting Israeli authorities for a possible gas deal. An unpopular 20-year gas supply deal to Israel from Egypt under the Mubarak regime was terminated by […]
Two car bombs struck Thursday the Libyan capital of Tripoli, near the foreign ministry and the Abu Sitta Naval Base, housing the official office the UN-backed Government of National Accord (GNA.) The two car bombings made no casualties, security sources report. No one claimed responsibility for the attacks. UN-sponsored GNA since entering Tripoli late March […]
