Featured Bank of Palestine receives EBRD, IFC equity injection Aya El Sayed Aug 27, 2024 0 The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are…
Africa News World Bank approves $1.5b for Ethiopia Aya Anwar Jul 31, 2024 0 The World Bank (WB) has approved a $1.5 billion policy operation to support Ethiopia's sustainable and inclusive…
Banks Egypt leaps forward in sustainable finance ranking by SBFN Nada Ali Apr 29, 2024 0 The Sustainable Banking and Finance Network (SBFN) upgraded Egypt's rating from "Developing" to "Advancing" in its…
Featured World Bank’s IFC sees $1.9b investments in Ukraine projects Aya Anwar Apr 22, 2024 0 The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
Featured Egypt announces sale of $5.6 billion worth of state-owned assets Amwal Al Ghad English Dec 20, 2023 0 Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion as part of a…
Money IFC official sees Egypt’s first pound bond launch in 2024 Amwal Al Ghad English Dec 19, 2023 0 Egypt is expected to issued its first Egyptian pound-dominated bond on the international market within 2024, said…
Money IFC, Banque Misr partner for bigger access to finance for Egypt women-led MSMEs Yomna Yasser Oct 16, 2023 0 World Bank’s International Finance Corporation (IFC) announced on Sunday a partnership with Egypt’s Banque Misr to…
Tech/AI IFC plans to provide $175mln loan to SCCT Sama Mousa Oct 4, 2023 0 The International Financial Corporation (IFC) is planning on providing the Suez Canal Container Terminal (SCCT)…
Tech/AI Edita discloses $45mln loan from IFC Sama Mousa Oct 1, 2023 0 Edita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International…
Money IFC partners with Banque du Caire to green Egypt’s financial sector Yomna Yasser Sep 24, 2023 0 The International Finance Corporation (IFC) announced on Sunday it is partnering with Banque du Caire to develop a…