Egypt, Scatec, global lenders sign intent letters for solar project powering Egyptalum
Egypt signed letters of intent on Monday with Norway’s Scatec ASA and several international development banks to…
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African Development Bank (AFDB)
Egypt to host 21st APUA congress
Egypt will host the 21st General Conference of the Association of Power Utilities of Africa (APUA) from September…
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…
Egypt’s c.bank chief welcomes Khaled Sherif’s election to key AfDB post
Khaled Sherif, a prominent Egyptian economist, has been elected as Executive Director representing Egypt and…
AfDB cuts Africa’s ’25 growth forecast to 3.9%
The African Development Bank (AfDB) has cut its 2025 economic growth forecast for Africa to 3.9 per cent, down from…
El-Sisi, AfDB chief discuss boosting development, private sector role in Africa
Egyptian President Abdel Fattah El-Sisi met on Monday with African Development Bank (AfDB) President Akinwumi…
Egypt approves AfDB Shift to SOFR in benchmark rate overhaul
Egypt has ratified an agreement with the African Development Bank (AfDB) to replace the London Interbank Offered…
Egypt approves $2m grant from AfDB for VICMED feasibility studies
Egypt has approved a $2 million grant from the African Development Bank to support the second phase of feasibility…
AfDB approves $170m loan for Egypt’s private sector, green growth
The African Development Bank (AfDB) has approved a $170 million loan to Egypt to support the second phase of its…
Sudan boosts pledge as Africa seeks $25b for development fund
Sudan has boosted its pledge to the African Development Fund’s upcoming replenishment, committing $3 million,…