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
Egypt’s MSMEDA, KfW sign €30 mln financing deal for microenterprises
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a €30 million financing…
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 secures $15.6b in development finance for private sector since 2020 – Mashat
Egypt has mobilised $15.6 billion in concessional financing for its private sector from international development…
Scatec, Germany’s PtX Fund sign €30m grant for Egypt’s green hydrogen project
Norwegian renewable energy producer Scatec signed on Tuesday a €30 million grant agreement with the PtX Development…
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…
AAIB Bank, Kfw’s SANAD Fund launch microfinance JV in Egypt
Arab African International Bank (AAIB) and Germany’s SANAD Fund for MSMEs launched Tuesday a joint venture to…
Germany’s KFW bank finances €1.8 billion flagships in Egypt
Germany's state-run development bank KFW has provided financing for projects currently in the country that is…
Siemens signs financial closure agreement for Egyptian power projects
Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects
Egypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production…
National Bank of Egypt, EIB ink €70mn Third Pollution Abatement Project
The National Bank of Egypt (NBE) and the European Investment Bank (EIB) have signed today a €70 million new loan…
German Development Bank Oks €20mn Loan for Egypt’s Irrigation Improvement Project
The German Development Bank - Kreditanstalt für Wiederaufbau (KfW) approved Sunday to grant a €20 million loan to…
EIB Inks €392 mln Contracts to Finance Projects in Egypt
The European Investment Bank (EIB) signed on Wednesday finance contracts with Egypt for an amount of 187 million…