Back to the complete issue
Monday, 21 June 2021

Progress at Iran nuclear talks + West Africa pushes ‘eco’ currency to 2027

Progress at Iran nuclear talks: There have been signs of progress negotiations between Iran and world powers to restore the 2015 nuclear agreement, diplomats told the Associated Press yesterday.

Israel’s not happy, of course: Israel’s new PM Naftali Bennett has warned the US and other nations seeking to rekindle the Iran nuclear agreement to “wake up” after conservative hardliner Ebrahim Raissi won the country’s presidential election at the weekend.

West African countries have pushed plans to adopt a common regional currency to 2027, after having had their original 2020 launch date delayed due to covid-19, according to Bloomberg. The 15 countries that make up the Ecowas trading bloc have had plans to launch the ‘eco’ for more than 20 years, and it is hoped a common currency will promote regional trade and economic growth.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; and Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.