SOE NEWS HUB
The latest news and research related to State-Owned Entities (SOEs) for the business and compliance community.
Nigeria's NNPC in 'final' stages of preparations for IPO
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.
Egypt wants to move state-owned enterprises to its sovereign wealth fund, minister says
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 is investigating alleged $7B corruption at state-owned companies
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.
Kenyan court suspends plan to privatise more state-owned firms
The court will hear arguments against the government’s plan to sell shares in 11 state-owned firms after the opposition challenged the government’s amendments to the Privitization Act according to Reuters.
Ethiopian Airlines in Venture with Boeing
Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing at an initial cost of $15 million.
