The Egyptian government has granted preliminary stock market listings to four major state-owned enterprises as it accelerates its ambitious privatization program aimed at attracting investment, strengthening the economy, and meeting reform commitments under its International Monetary Fund (IMF) agreement. The announcement, made by the Egyptian cabinet, represents another milestone in Cairo’s strategy to prepare public […]

The Nigerian government has directed regulators to intensify oversight of fuel marketers and ensure that declining global crude oil prices translate into lower petrol prices for consumers across the country. The move follows a significant drop in international crude oil prices from around $120 per barrel earlier this year to approximately $72 per barrel, raising […]

Senegal’s National Assembly has approved a sweeping constitutional reform package that would significantly reduce presidential powers while expanding the authority of parliament and the prime minister, setting the stage for a nationwide referendum amid growing political tensions. The bill, introduced by the ruling African Patriots of Senegal for Work, Ethics and Fraternity (PASTEF) party, passed […]