The Egyptian government indicated in a statement issued on Wednesday 25 October that the Belgian group Dredging Environmental and Marine Engineering NV (DEME) plans to invest 3 billion dollars in the first phase of a green hydrogen production project in Egypt. This is a project whose production will be intended to meet the needs of European markets, will be located near the port of Gargoub (west), according to the press release issued after a meeting between the Egyptian Prime Minister, Mostafa Madbouly, and the CEO of the DEME group, Luc Vandenbulcke, in Brussels, on the sidelines of the first edition of the

Bond market: Egypt to issue $500 million Samurai bonds by the end of next November

Finance Minister Mohamed Maait announced on Sunday, October 22, that Egypt will issue $500 million Samurai bonds by the end of November next year. On October 16, the most populous country in the Arab world issued durable bonds worth a total of 3.5 billion yuan (about 479 million dollars) on the Chinese market at an attractive rate of 3.5%. According to estimates by the American bank Morgan Stanley, the country's exits on the Asian bond markets aim to diversify the country's financing sources, whose external financing needs are estimated at 24 billion dollars during the 2023/2024 fiscal year (July-June)

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The Radisson Blu Okoume Palace and Le Méridien Ré-Ndama, two hotel establishments in Libreville, the capital of Gabon, were bought for 26 billion FCFA, by Abdoul Oceni Ossa, son of Imam Ismaël Oceni Ossa, former president of the Superior Council of Islamic affairs in Gabon.

The gold reserves of the Democratic Republic of Congo (DRC) amount to nearly 2,000 tons, representing a market value of around 121 billion US dollars, according to the latest estimates.

The joint debt securitization fund “FCTC BOAD DOLI-P 6.10% 2023-2030" of the West African Development Bank (BOAD) has been listed on the BRVM since October 24.