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Mubadala, Bpifrance invest in Partech Africa II

ABU DHABI: Mubadala Investment Company (Mubadala), an Abu Dhabi-based global sovereign investor, and Bpifrance, the French public investment bank, today announced a joint investment in global technology investment firm Partech’s latest Africa-focused …

Central Bank of Egypt floats EGP, raises interest rate by 6%

CAIRO: The Central Bank of Egypt (CBE) decided on Wednesday morning to allow market forces to determine the value of the Egyptian pound (EGP), while simultaneously raising interest rates by 6 percent, according to Ahram Online

This move, implemented …

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