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Wednesday, 3 February 2021

Also on our radar on 3 February 2021

New construction timeline for Dabaa? A pandemic-induced slowdown in the construction of the Dabaa nuclear power plant has led Egypt and Russia to agree on a “new timeline” for its completion, Tass cites Russian ambassador to Cairo Georgy Borisenko as saying. Borisenko did not provide a concrete timeline was not given, but said he hoped construction would enter the “main phase” soon.

Other things we’re keeping an eye on this morning:

  • Microfinance player Tamweely is making a big push into loans to farmers and small-scale agribusinesses in Upper Egypt and the Delta region after inking an agreement with USAID, Hapi Journal reports.
  • AAIB is launching (pdf) a new e-payment platform it is dubbing N-Genius in partnership with MENA-focused payments firm Network International.

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