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Infrastructure 
Negotiations ongoing with five int’l institutions to finance Aswan-Toshka railway
The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka…
Algebra Ventures Fund II locks USD 15 mn from EBRD
The European Bank for Reconstruction and Development (EBRD) has approved a USD 15 mn equity commitment to Algebra Ventures’ second…
Lekela’s West Bakr wind farm is live
Actis-backed Lekela’s West Bakr wind farm became fully operational yesterday: Renewable power generation company Lekela Power announced yesterday (pdf) that…
More green finance from the EBRD
EBRD pumps more USDs into Egypt: Intro Sustainable Resources (IRS) is in line to receive USD 5.3 mn in green…
Women-led SMEs to get USD 5 mn in EBRD funding
EBE receives up to USD 5 mn from EBRD to support Egyptian women-led SMEs: The Export Development Bank of Egypt…
The ins and outs of DFI-backed green finance in Egypt
The ins and outs of DFI-backed green finance in Egypt: Interest in green finance is continuing to grow in Egypt,…
EBRD raises Egypt’s FY 2021-2022 growth outlook
EBRD is more optimistic about Egypt’s growth outlook: Egypt’s economy is on track to grow 4.9% in FY2021-2022, the European…
TONIGHT: FRA expands proposed caps on margin trading + the EBRD is more optimistic about our growth. Plus: Egypt signed a coal phase-out agreement at COP26
…and just like that, the first week of November is over. We hope the week has been kind to you…
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