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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Kfw Development Bank
SCZONE partners with Elsewedy Academy to train industrial workforce
Egypt’s Suez Canal Economic Zone (SCZONE) has signed a cooperation agreement with Elsewedy Technical Academy (STA)…
Germany’s IFE launches funding call offering up to €10 million for job-creating projects…
Germany’s Facility Investing for Employment (IFE) Initiative has announced on Monday a new round of funding in…
Egypt, Germany sign €50m debt swap deal to fund wind farm grid projects
Egypt and Germany signed a €50 million debt swap agreement on Sunday to finance two wind farm grid connection…
Egypt education min. signs MoU with El Sewedy Electric
Egypt’s Ministry of Education and Technical Education signed an MoU with El Sewedy Electric Foundation on Tuesday…
Egypt, Germany sign new debt swap agreement
Egypt and Germany have signed a new €21 million debt swap tranche on Monday to enhance the supply of renewable…
Egypt MSMEDA secures €12mln from German Development Bank
Egypt's Micro, Small and Medium Enterprise Development Authority (MSMEDA) CEO Bassel Rahmy signed a €12 million…
KfW’s Green for Growth Fund wins licence to provide Tier II capital to Egyptian banks
German development bank KfW’s Green for Growth Fund (GGF) announced on Monday it had been granted a licence from…
Germany’s KfW bank provides Egypt with €41 million to support education sector
German state-run KfW Development Bank has provided Egypt with financing worth up to €41 million ($48.4 million) to…
Germany’s KfW Development Bank signs €41.5 bln agreement to develop Egypt’s…
Egypt's Ministry of Education signed on Monday an €41.5 million ($47 million) agreement with Germany's KfW…
SANAD Fund’s Egypt financing portfolio hit $160 mln in 2018
SANAD Fund for MSMEs, part of the German state-run Kfw Development Bank, said on Tuesday Egypt captures a great…
SANAD Fund mulls $10 million in funding for Egyptian startup
SANAD Fund for MSMEs, part of the German state-run Kfw Development Bank, is studying providing a $10 million in…
German KfW Development Bank, GIZ opening new offices in Cairo
Germany and Egypt signed an agreement on Thursday for German state-run KfW Development Bank and German Agency for…
National Bank of Egypt gets German KfW’s €50 mln SME loan
Egypt's biggest lender, the state-owned National Bank of Egypt has signed a €50 million ($60.3 million) loan…
Egypt’s NBE bank seeks Kfw, EIB loans of up to €800 mln
National Bank of Egypt (NBE), the country's largest state bank, is negotiating loans worth €800 million ($941.1…
Egypt’s United Bank in talks with SANAD Fund for dollar loan
Egypt’s state-run United Bank is negotiating a dollar-dominated financing package from SANAD Fund for MSMEs, part…
Egypt’s AAIB bank negotiating $110 million loans from EBRD, SANAD Fund
Egypt’s Arab African International Bank (AAIB) is currently negotiating loans worth $110 million with two…
German KFW Bank earmarks €100 million for water projects in rural Egypt
Germany’s government-owned KfW Development Bank has secured around €100 million ($106.8 million) for water…
AAIB bank, Germany’s SANAD Fund team up to form Egyptian microfinance firm
Cairo-based Arab African International Bank (AAIB) and SANAD Fund for MSMEs, part of the German state-run Kfw…
Egypt inks €345 million deal for wind farm project with EU partners
Egypt has signed Wednesday a €345 million ($364 million) agreement with the European Union, KfW Development Bank,…
AlexBank secures Germany’s SANAD $10 mln loan for Egypt MSMEs
Egypt's AlexBank, a member of Italian bank Intesa Sanpaolo Group, has received Tuesday an additional $10 million…
Egypt inks €10 EU grant for Pollution Abatement Programme
Egypt signed Friday a €10 million grant from the European Union in favour of the third part of the Egyptian…
National Bank of Egypt to secure $15 million from Germany’s SANAD Fund
National Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for MSMEs, of the German state-run…