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African Development Bank to lend USD 1.5 bn to African farmers to stem food crisis
The African Development Bank has approved a USD 1.5 bn facility to help African countries avert a “looming food crisis,”…
Export Development Bank of Egypt receives USD 25 mn from EBRD for SMEs
EBank gets USD 25 mn from EBRD for on-lending to SMEs + women-led businesses: The Export Development Bank of Egypt…
Tourism revenues to more than double in 2021-2022 -Maait
FinMin expects minimal damage to tourism revenues from Ukraine war: Egypt’s tourism revenues will more than double in FY 2021-2022…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
THIS EVENING: We’re waiting on the CBE’s decision on rates + Environment Ministry to go in depth on Egypt’s National Climate Strategy for 2050
Good afternoon, wonderful people, and welcome (finally) to THURSDAY. It’s a moderately calm end to the week, but we anticipate…
The government’s privatization plans are still getting attention on the airwaves
Still dominating airwaves yesterday: A leaked draft of the government’s ownership policy, whichoutlines the state’s plan to fully withdraw from…
CIRA could be the first to tap the future flow securitization market
CIRA could issue Egypt’s first future flow securities: EGX-listed private sector education outfit CIRA is in talks with the Financial…
Egypt negotiating “limited” IMF loan -Amer
Amer dials back expectations for large IMF package: Negotiations between Egypt and the IMF for a fresh assistance program are…
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