Business Insider Africa on MSN
Egypt cuts oil debt from $6.1bn to $440m in bid to unlock new energy investments
Egypt is moving faster than expected to clear the last of its outstanding debts to international oil companies, a step ...
Egypt’s debt servicing costs have consumed nearly 76 percent of total revenues during the first 10 months of fiscal year 2025 ...
Egypt aims to reduce its budget debt-to-GDP ratio to 80% by the end of June, Finance Minister Ahmed Kouchouk said on Saturday, as the government continues a fiscal discipline path that has already ...
Egypt likely needs to offer high‑single‑digit to low‑double‑digit yields to clear a new benchmark eurobond under current market conditions ...
Egypt is trying to push back the date on which some of its domestic debt comes due, part of efforts to ease a burden on its finances even further after securing more than $50 billion in global aid ...
Egypt issued yuan-denominated panda bonds for the first time amid a scramble to pay foreign debts. Three-year bonds worth 3.5 billion yuan, or about $479 million, were issued with a 3.5% interest rate ...
North Africa’s economic growth is projected to slow to 4.0 percent in 2026 from 4.4 percent in 2025 as escalating ...
Egypt's ambition to become a regional gas hub was born following the massive Zohr discovery. Rising domestic demand and falling gas production from its own fields forced Egypt to import gas from its ...
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