Egypt, World Bank advance plans for infrastructure financing guarantee mechanism
Egypt and the World Bank are in the final stages of launching a mechanism to attract private-sector investment into…
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International Finance Corporation (IFC)
Egypt, World Bank discuss expanding cooperation on reforms, investment
Egyptian Prime Minister Moustafa Madbouly met World Bank Managing Director and Chief Knowledge Officer Pascal…
High-level mission to visit Egypt this week to advance industrial decarbonisation
A high-level delegation from the Climate Investment Funds, World Bank, African Development Bank, European Bank for…
Egypt caps FY2025/26 public investments at EGP 1.16t – minister
Egypt’s Cabinet has approved a public investment plan for fiscal year 2025/26 with spending capped at 1.16 trillion…
Egypt reviews cooperation priorities with World Bank, IFC
Egypt’s Investment and Foreign Trade Minister Hassan El-Khatib met with a senior World Bank Group and International…
Egypt explores airport PPP with South Korea’s Incheon Airport Corp
Egypt’s Civil Aviation Minister Sameh Hefny met with executives from South Korea’s Incheon International Airport…
Egypt signs deal with IFC to launch early warning system for SMEs
Egypt’s Ministry of Justice and the International Finance Corporation (IFC) signed a memorandum of understanding on…
Egypt’s PM lauds productive ties with IMF
Egypt's Prime Minister Moustafa Madbouly met with the IMF's Deputy Managing Director Nigel Clarke to express…
Egypt signs agreement with IFC to boost private sector role in airports
Egypt has signed on Tuesday an advisory services agreement with the International Finance Corporation (IFC) to…
Egypt’s Housing Ministry, WB discuss utilities sector cooperation
Egypt’s Deputy Minister of Housing, Utilities, and Urban Communities, Sayed Ismail, met with World Bank (WB) and…
Minister El-Khatib highlights Egypt’s investment appeal at DisrupTech
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, discussed on Tuesday the country's investment…
Egypt approves subscription to IFC capital increase
Egypt has endorsed its participation in the capital increase of the International Finance Corporation (IFC) by…
Egypt inaugurates 500-mw solar power plant in Kom Ombo
Egypt’s Prime Minister Moustafa Madbouly inaugurated the 500-megawatt Abydos 1 Solar Power Plant in Kom Ombo.
Egypt’s CIB obtains $150-m loan to boost SMEs
The International Finance Corporation (IFC) signed a $150 million financing package for Commercial International…
IFC to finance Nigerian private sector projects
The International Finance Corporation (IFC) and Nigeria's Central Bank (CBN) have signed a strategic agreement to…
Egypt mulls impact of Middle East unrest on economy
The Egyptian Council for Financial and Monetary Policies on Monday reviewed potential scenarios for dealing with…
GAFSP unveils $75 million investment to boost agricultural MSMEs
The Global Agriculture and Food Security Program (GAFSP) has introduced a $75 million investment window aimed at…
Egypt’s Al-Mashat urges private sector financing for clean energy
Egypt’s Minister of Planning and Economic Development, Dr. Rania Al-Mashat, emphasised the need for enhanced…
IFC invests in $100m Thailand’s first sustainability-linked bond
The International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a…
IFC, Iraq strengthen sustainable financing with new roadmap
Iraq and the International Finance Corporation (IFC), part of the World Bank Group, signed an agreement with the…
IFC partners w/ BPR Bank Rwanda to enhance SME financing
The International Finance Corporation (IFC) has announced a financing package of up to $60 million, equivalent to…
IFC supports Egypt’s plans to expand private sector role in airport management
Prime Minister Moustafa Madbouly met on Sunday with Emmanuel Nyirinkindi, International Finance Corporation (IFC)…
IFC partners with Lanka NGOs to combat gender-based violence
The IFC introduced a pioneering training programme to address gender-based violence and harassment in Sri Lanka's…
IFC launches initiative to support underserved in L. America, Caribbean
The International Finance Corporation (IFC) has launched the Silver Economy Initiative to develop financial…
IFC invests $50m in Thai gender-inclusive, social bond
The International Finance Corporation (IFC) invested $50 million in a gender-inclusive social bond issued by…
IFC to invest $20m in Egypt’s TCV II
The International Finance Corporation (IFC) is considering an equity investment of up to $20 million in the…
IFC, EU join forces to boost Philippines’ green transition
The IFC and EU are collaborating to speed up the Philippines' green transition by promoting private sector…
Consubanco, IFC pact to support Mexico silver economy
Consubanco, supported by the International Finance Corporation (IFC), has launched a 2.2 billion pesos ($129…
Egypt, World Bank enhance partnership
Egypt's partnership with the World Bank is set to deepen, focusing on structural reforms and empowering the private…
Egypt to boost private sector with IFC – minister
In a bid to bolster Egypt's private sector, Rania Al-Mashat, the Minister of International Cooperation and Governor…
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
Morocco’s Tanger-Med plans $714 mln-expansion
Morocco’s largest seaport, Tanger-Med, is planning an expansion worth €650 million ($714 million), Asharq Business…
Egypt announces sale of $5.6 billion worth of state-owned assets
Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion as part of a…
IFC official sees Egypt’s first pound bond launch in 2024
Egypt is expected to issued its first Egyptian pound-dominated bond on the international market within 2024, said…
Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
The International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to…
IFC, Banque Misr partner for bigger access to finance for Egypt women-led MSMEs
World Bank’s International Finance Corporation (IFC) announced on Sunday a partnership with Egypt’s Banque Misr to…
IFC approves $25mln grant to boost Egypt’s green steel production
The International Finance Corporation (IFC) has approved a $25 million loan to Egyptian steel production firm…
IFC, OCP Group launch $800m agri-finance platform
The International Finance Corporation (IFC) and Moroccan fertilizer giant, Office Chérifien des Phosphates (OCP…
IFC plans to provide $175mln loan to SCCT
The International Financial Corporation (IFC) is planning on providing the Suez Canal Container Terminal (SCCT)…
Edita discloses $45mln loan from IFC
Edita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International…