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Initiatives
IFC, Iraq strengthen sustainable financing with new roadmap
Iraq and the International Finance Corporation (IFC), part of the World Bank Group, signed an agreement with the…
Egypt PM reaffirms govt. interest in boosting local industry
Egypt is taking significant steps to enhance its green economy and modernise public transport. Minister of State…
France’s AFD offers €50m for women’s projects in Egypt
The French Development Agency has significantly advanced Egypt's women's economic empowerment efforts by providing…
EU provides €1b for structural reforms in Egypt
The European Union (EU) announced a significant concessional financing package of €1 billion to support Egypt's…
Canada launches $2b carbon capture initiative
The Canada Growth Fund and Strathcona Resources Ltd. are partnering on a carbon capture and sequestration project,…
EU approves €1.2b Polish scheme for green transition
The European Commission has approved a €1.2 billion (PLN 5 billion) Polish scheme to support strategic investments…
Italy cuts funds to Stellantis, Mercedes-Benz EV battery plant
Italy has decided to cut funding for the electric-vehicle battery plant project by Stellantis NV and Mercedes-Benz…
Egypt signs EGP75m deal to support SMEs
Egypt's Small and Medium Enterprises Development Authority (MSMEDA) has signed a 75 million-pound financing…
Solomon Islands gets $35m boost for renewable energy
The Asian Development Bank (ADB) and the Government of Solomon Islands have launched a transformative renewable…
ADB approves $100m loan for Lanka’s water reforms
The Asian Development Bank (ADB) has approved a $100 million loan to support Sri Lanka’s water supply and…