IFC mulls $30mln loan for Egypt’s Edita to boost its capital expenditure
The International Finance Corporation (IFC) is studying loaning Edita Food Industries (EFID) up to $30 million to…
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International Finance Corporation (IFC)
Egypt’s Al Baraka Bank may borrow $55mln from IFC
Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
ADIB-Egypt signs IFC first murabaha funding deal worth $50 mln
Abu Dhabi Islamic Bank - Egypt (ADIB) signed a support financing agreement with the International Finance…
Egypt picks IFC as strategic advisor for asset monetisation scheme
Egypt has chosen the International Finance Corporation (IFC), the World Bank's investment arm, as its strategic…
China’s Envision secures contract for 500 MW wind farm in Egypt
China-based renewable energy solutions provider Envision Energy has secured a lucrative wind turbines agreement for…
AfDB annuals meetings 2023 discusses challenges facing MDBs
The African Development Bank Group’s Annual Meetings 2023 kicked off on Monday the first side event addressing the…
Moroccan OCP group secures €100mln IFC fund
Moroccan OCP Group has been granted €100 million loan from the International Finance Corporation (IFC) to fund its…
EBRD, IFC sign deal to support seawater desalination, renewables in Egypt
The Sovereign Fund of Egypt (TSFE) signed on Wednesday an advisory agreement with the European Bank for…
World Bank approves new $7 billion partnership framework with Egypt
The World Bank Group has approved on Wednesday a new strategic partnership framework for Egypt till 2027, through a…
Egypt secures $13.7bln in development financing in 2022 – minister
Egypt has secured $13.7 billion in 2022 to support its national development objectives, said Minister of…
