Egypt raises $100 million for Africa Infrastructure Fund
Egypt has approved to invest US$100 million to Africa50 Infrastructure Fund’s equity capital, a government source…
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African Development Bank
Egypt nears Country Strategy Deal with AfDB
The government has recently held extended meetings with an official delegation from the African Development Bank…
AfDB approves €50.20 million Loan to boost Egypt Agriculture
The African Development Bank (AfDB)’s board has approved Wednesday a €50.20 million (US$57.3 million) loan for the…
AfDB commits $700 million for Egypt Energy Sector
The African Development Bank will allocate US$700 million for the support of energy sector projects in Egypt, AfDB…
AfDB may contribute $180 million to a Solar Project in Egypt
The African Development Bank Group is studying US$180 million in finances in favour of a solar energy project in…
AfDB studies $400-million Finance for Wind PPP Project in Egypt
The African Development Bank Group is considering a contribution of around US$400 million to a wind energy…
AfDB to provide electricity for 33.7 million people in Africa in 2014–2018
Overcoming Africa’s energy deficits will require investments of more than $60 billion every year until 2040, report…
AfDB secures $140mn Loan for Sharm El-Sheikh Airport Expansion Project
The Board of Directors of the African Development Bank Group approved a US$140 million loan to Egypt’s Sharm…
AfDB finances $100 million to speed up Africa’s Infrastructure Plans
The African Development Bank (AfDB) will finance around US$100 million, via its Africa50 Fund, in studies related…
AfDB contributes $500 million to Africa50 Fund, Egypt Talks Ongoing
The African Development Bank (AfDB) contributes US$500 million to Africa50 Infrastructure Fund’s equity capital,…