Egypt advances phase II of $2m AfDB-funded Lake Victoria–Med corridor project
Egypt is advancing the second phase of the Lake Victoria–Mediterranean (VIC-MED) corridor, backed by a $2 million…
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African Development Bank
Egypt, France in talks on sustainable financing, debt relief
Egypt’s Minister of Planning Rania Al-Mashat held talks with William Roos, Assistant Minister of Treasury of France…
Egypt ranks 2nd in AfDB Public Service Delivery Index
Egypt ranked second in the African Development Bank’s (AfDB) 2024 Public Service Delivery Index, scoring 58.99…
AfDB to launch Africa’s 1st entrepreneur bank
The African Development Bank (AfDB) is preparing to launch the first investment bank in Africa dedicated to…
AfDB sees Egypt’s economy gradually recovering
Egypt’s economy is expected to maintain its recovery in the coming years, with the African Development Bank (AfDB)…
Egypt’s c.bank governor leads delegation to AfDB Annual Meetings in Abidjan
Central Bank of Egypt (CBE) Governor Hassan Abdalla is heading Egypt’s delegation to the African Development Bank’s…
AfDB to elect new president amid funding challenges
The African Development Bank (AfDB) will elect a new president this week during its annual summit in Abidjan, as…
Africa needs $1.3t annually for sustainable development – minister
Africa needs $1.3 trillion annually to meet its sustainable development needs by the end of this decade in 2030,…
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
AFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16…
Rwanda to host APTF in collaboration with EIB, AfDB
Rwanda decided to host the African Pharmaceutical Technology Foundation (APTF) in collaboration with the African…