Egypt expects $1.5bn in aid by year-end, eyeing IMF
Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by the end of this to…
Browsing Tag
African Development Bank
Egypt to seal $500 million AfDB loan deal on December 15: minister
Egypt will sign the final agreement on a US$500 million loan from the African Development Bank on December 15th,…
Africa Re records premium income of $38.3 million in Egypt
African reinsurer Africa Re says its premium income in Egypt recorded 300 million Egyptian pounds (US$38.3…
Egypt signs $600 million EIB power plant deal
Egypt signed Sunday $600 million agreement with the European Investment Bank (EIB) for the 1,800 MW high-efficiency…
AFDB to send $500mn loan to Egypt before year-end: minister
Egyptian government is expecting to receive US$500 million from the Côte d'Ivoire-based African Development Bank…
AfDB, Egypt sign two grants and loan worth $2.25mn and €50.2mn
Egypt and the African Development Bank (AfDB) signed Sunday two grants and a loan worth US$2.25 million and €50.2…
World Bank, AfDB reaffirm commitment to boost Egypt economy
A World Bank and African Development Bank (AfDB) delegation met Thursday with Egyptian Prime Minister Sherif Ismail…
AfDB’s third loan to Egypt to be decided before year-end: Official
The African Development Bank (AfDB) is currently finalising its 2015-2019 Country Strategy Paper for Egypt (CSP),…
AfDB signs $50mn loan deal with Egypt for Sharm El-Sheikh airport
Egyptian Minister of International Cooperation Sahar Nasr signed a US$50 million loan agreement with the African…
Egypt eyes loans to deal with currency shortage, PM says
Egypt is in talks with the World Bank and the African Development Bank (AfDB) to try to secure $1.5 billion in…