- Cutting the cost of Africa’s energy transition with the right flexibility mix - Kenneth Engblom Vice President, Wartsila Energy, Europe and Africa
- Ghana International Bank announces Ian Greenstreet as its new Chief Executive Officer
- Building Digital Financial Systems and Accelerating Banking Modernization in Emerging Markets
- Trust is infrastructure. And Africa’s fintech reckoning proves it - Salvador Anglada, Optasia Group CEO
- Africa’s cement industry and the push for energy security - Krzysztof Lokaj, Wärtsilä Energy Africa Development Manager
Egyptian pound under pressure
Recent FX reserve losses highlight that external pressures on Egyptian pounds ( EGP) have not yet materially abated. But still, it is anticipated that Central Bank of Egypt (CBE) will keep EGP stable in the run-up to the March Economic Summit. Mobilizing enough GCC external aid and international investments will likely be crucial to support EGP further out, given the still large external funding needs and the upcoming parliamentary elections. Political economy matters suggest EGP…
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