UN provides $5 mln to help Egypt accommodate Sudanese refugees
The United Nations Central Emergency Response Fund (CERF) announced on Tuesday that it has earmarked $5 million to…
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AfDB aims to expand discussion with IMF over SDRs, debt relief
The African Development Bank’s (AfDB) chairman praised that it is important to expand the discussion around debt…
AfDB aims to raise $10 bln from private sector investment
The African Development Bank Group’s (AfDB) president, Akinwumi Adesina, said that the bank is seeking to mobilise…
Banque du Caire loans EGP100 mln to Erada Microfinance
Egypt’s Banque du Caire has awarded 100 million Egyptian pounds in financing to Erada Microfinance Company, as part…
BREAKING: AfDB to support heat tolerant wheat varieties programme in Egypt
The African Development Bank (AfDB) is working with authorities in Egypt on a new programme to support the country…
AfDB 2023 Annual Meetings to release AEO report
The African Development Bank Group (AfDB) will launch the 2023 edition of its flagship African Economic Outlook…
EAEF pumps about $267 mln to Egypt since 2011
The Egyptian-American Enterprise Fund’s (EAEF) investment in Egypt has reached about $267 million since 2011 to…
AfDB plays key role in fostering economic development in continent – CBE governor
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE) and Chairman of the Board of Governors of the African…
China’s imports of Russian oil increase in April
China's crude oil imports from Russia increased on an annual basis by 8.6 percent in April as larger private…
Kuwait sells U.S. bonds for $9.5 bln in 3 months
Kuwait's government sold US bonds for $9.5 billion in 3 months, data released in Kuwait revealed on Wednesday,…