Under the guidance of the International Monetary Fund, the Egyptian government has initiated a gradual reduction of public guarantees granted to the Egyptian General Petroleum Corporation (EGPC), deemed burdensome for public finances. In this context, the Ministry of Finance has started settling significant arrears and debts totaling around 451.8 billion Egyptian pounds. According to government…...
Trending
- Seynabou Dia Sall: “The more we train local skills, the more we will be able to control our contracts, resources and strategic interests”
- Mauritania: Central Bank tightens monetary policy in the face of returning inflationary pressures
- Kenya: Court suspends sale of 15% of Safaricom
- S&P Global Ratings upgrades the ratings of seven Nigerian banks
- Digital: Africa aims to make data governance a lever for sovereignty and attractiveness
- Senegal: SORED Mines ordered to pay over 51.5 million CFA francs to Banque Outarde
- DRC: Véron Mosengo-Omba takes over FECOFA with a $25.6 million program
- Integrity of funding: AfDB temporarily excludes a Kenyan company and two Chinese nationals
Egypt: The hidden cost of oil at the heart of IMF-demanded reforms
Dominique Mabika
Congolese journalist with a passion for economics, finance, and culture. Dominique Mabika's field of expertise is audiovisual media. In this capacity, she hosts Le Grand Débat on Financial Afrik TV and leads the coordination of field reports, as well as the production of documentaries and interviews.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com