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Suez Canal Chief Seeks to Dispel Fears Over Draft Egypt Law

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The head of the Suez Canal Authority (SCA) Osama Rabie assured Thursday that the strategic maritime passage was "not for sale" following concerns raised in Egypt by a draft law under discussion in parliament. The Suez Canal, which sees…
CNBC Africa

Ghana overhaul a test for $1 billion World Bank-backed debt

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Ghana’s debt restructuring plans are set to test a $400 million World Bank guarantee which was designed to provide extra security if the West African country failed to pay. Like other smaller, riskier emerging market countries including…