Although it will be a slow start to the data week, it will be an important week nonetheless. Maait added the move was part of the government's continuous efforts to reduce the cost of public debt in the country and increase liquidity in the securitie...

Revenue in 1Q21 increased 537.3% y/y to EGP1.5 billion as a result of a rise in unit deliveries. Net profit in 1Q21 rose 113.7% y/y to EGP529.1 million, translating into an NPM of 34.3%. Land liabilities increased from EGP0.3 billion at the end of 4Q...

The G7 agreed a mission statement for the "Build Back Better World" (B3W) initiative for financing infrastructure in developing economies on 12 June in Cornwall, UK. This is not a game-changer for financing developing economy infrastructure but is me...

Treasury Secretary Ukur Yatani outlined Kenya’s FY 2021/22 (FY = July to June) budget yesterday, targeting consolidation from an 8.7% of GDP deficit in 2020/21 to 7.5% in 2021/22 and 3.6% of GDP by 2024/25, with real GDP growth expected to rebound fr...

According to media interviews with the IMF’s resident representative, Tanzania must publish data on Covid before the Fund will approve emergency financing. At the time, there were a mere 509 cases, at least according to the official data. Although th...

Change is a major boost for the liberalization of the energy market. Reform would enable private generation units to sell electricity through the grid. Reform will generate significant investment and would add new jobs. Mining companies are able to a...