An economic advisory panel in Nepal has recommended scrapping five underperforming state-owned enterprises, citing their financial burden on the government. The panel also suggests partial privatization of other state-owned industries.

London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.

State-owned Nigerian National Petroleum Co. Ltd. (NNPC) is in the "final" stages of preparations for an initial public offering, a senior company official said on Thursday, but gave no time frame for the IPO which has been talked about for a few years.

The domestic unit of China’s sovereign wealth fund, China Investment Corp, intends to take control of several state firms with sprawling interests in the country’s onshore stock market. The move creates a super-sized state-owned enterprise (SOE) with the capacity to confront China’s most complex financial challenges.

Egypt aims to move state-owned enterprises to be managed by the country’s sovereign wealth fund, to maximize the return on state assets

South Africa has active investigations into alleged corruption totaling more than $7 billion at some of its top state-owned companies, according to a report published by the national anti-graft unit.