What we’re tracking this week
Egypt’s first fintech-focused accelerator, the Pharos-affiliated Pride Capital, is hosting a workshop on Thursday titled “A Bright Future for Blockchain in Capital Markets” at the Greek Campus. The workshop will feature a discussion with EGX Chairman Mohamed Farid and Henerby Blockchain Consulting CEO Bobby Henerby. To register for a spot in the workshop, tap here if you’re on your mobile and click here if you’re on a computer. You can check out the workshop’s Facebook page for more information on the event or Pride Capital’s LinkedIn page for more on the accelerator.
Look for the newly appointed board of the Financial Regulatory Authority (FRA) to be ratified in the coming days by Prime Minister Sherif Ismail. The board will then get to work on executive regulations for the Capital Markets Act, completing the Insurance Act, and drafting legislation that would grant FRA new autonomy.
Cabinet is expected to discuss the executive regulations to the controversial NGO law “within days.” Parliament had signed off on the bill back in 2016. The act has since come under fire from Republican Senators and the US Congress’ human rights commission.