Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
EBRD downgrades Egypt growth forecast
EBRD forecasts growth slowing to 4% for FY 2022-23
Foreign investors still want in on Egypt — but local firms need to get the fundamentals right
EBRD, IFC, and Apis talk about attracting investment at the Enterprise Exports + FDI Forum
EBRD to invest in RMBV’s USD 300 mn North Africa fund
The USD 300 mn fund will pour investments in companies in Egypt, Morocco, and Tunisia
Alexbank secures USD 15 mn from EIB for green on-lending
The funding comes as part of the Green Economy Financing Facility
Al Kharafi + Samcrete awarded EUR 60 mn in contracts for new water infrastructure in Fayoum. PLUS: Cheaper wheat, better mobile networks, O West deliveries
The companies will build a new wastewater treatment plant and sewage networks under EBRD-backed program
More EBRD finance in the works for Banque Misr
The finance would be on-lent to Egyptian MSMEs
Egypt backs Russia withdrawal from Ukraine in UN vote
Egypt votes with Ukraine at UN General Assembly: Egypt joined calls for Russia to pull its troops out of Ukraine…
Egypt buys 240k tons of Russian wheat. PLUS: News from EBRD, USAID and more
This is the third World Bank-funded wheat tender this year.
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