Egypt’s SFD eyes $250 million World Bank, EU funding for infrastructure projects

Egypt’s Social Fund for Development (SFD) is planning to start talks with the World Bank and the European Union to obtain a $250 million financing designated for infrastructure and community development projects.

According to Medhat Massoud, Head of SFD’s Central Sector for Human and Community Development, the Egyptian fund has allocated the money for infrastructure and community development projects within 2017-2019.