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Egypt's Industrial Development Bank partners with the Urban Development Fund to provide mortgage financing for national housing projects.

Daily News Egypt (Business Section) • Sep 12, 2026

The Industrial Development Bank (IDB) and the Urban Development Fund (UDF) signed a cooperation protocol to finance homeownership in Egypt.The agreement, signed by IDB CEO Hussein Refaey and UDF Chairperson Khaled Seddik, provides flexible mortgage… Read full article →

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Botswana launches a national electronic KYC system allowing banks to verify customer identities directly against the national citizen database.

Business Tech Africa • Sep 11, 2026

The Bankers’ Association of Botswana (BAB) launched a national eKYC project to streamline identity verification using the national citizen database.The system aims to reduce reliance on physical certified documents, lowering fraud risks and administrative burdens… Read full article →

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Shell Lubricants Egypt partners with TAQA Petroleum to distribute its lubricants and coolants across TAQA's Egyptian service stations.

Daily News Egypt (Business Section) • Sep 10, 2026

Shell Lubricants Egypt has entered a partnership with TAQA Petroleum, a subsidiary of TAQA Arabia.The agreement allows Shell to distribute its complete product portfolio, including Helix, Advance, Rimula, Spirax, and coolants, across TAQA's service station… Read full article →

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NERC orders electricity distribution companies to channel up to 60% of operating funds into capital expenditure from February 2027.

Nairametrics • Sep 10, 2026

The Nigerian Electricity Regulatory Commission (NERC) has directed electricity distribution companies (DisCos) to allocate up to 60% of earned non-administrative operating expenditure to capital expenditure starting February 2027.For DisCos with outstanding debts, 30% will go… Read full article →

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Egypt and the EBRD discuss expanding green energy and agricultural investments to counter regional economic pressures.

Daily News Egypt (Business Section) • Sep 10, 2026

Egyptian Foreign Minister Badr Abdelatty met with EBRD Vice President Mark Bowman to discuss expanding investments in green energy, electricity grids, fertilisers, agriculture, and food processing..No new financial commitments were announced, but the talks highlighted… Read full article →

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ChamsSwitch launches GLASS, a unified payment gateway connecting Nigerian merchants to major Asian and global digital wallets.

BusinessDay Nigeria — Technology • Sep 9, 2026

Nigerian fintech ChamsSwitch has launched GLASS, a unified payment gateway designed to consolidate local and international payment methods into a single integration.The platform enables eligible merchants to accept payments from global card networks like Visa,… Read full article →

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