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Four banks could receive EBRD loans to fund SMEs, green projects
The financing could be made available before the end of the year, according to a senior figure at the EBRD
Our maiden panda bond issuance hits the Chinese market
The three-year bonds will fund healthcare, clean transport, water, renewable energy and other sustainable projects
Banque Misr lands USD 234 mn from IFC for MSME support
Half of the funds will be directed to female-led MSMEs
EBRD could greenlight funds for electricity grid modernization
The total project would require EUR 200 mn, with the remaining EUR 35 mn coming from EU grants
We want USD 2 bn more from IMF to bring our assistance program to USD 5 bn, a report claims
The Madbouly government wants to raise the size of the USD 3 bn to a total of USD 5 bn
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Development finance: What’s next?
DFIs remain an important source of FX, technical assistance and partnership coordination for Egyptian businesses and MSMEs
Orascom’s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House.
The company has completed 95% of the EGP 1 bn project
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