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Egypt prepares to double Universal Health Ins. reach before Phase 1 results are in
A EUR 150 mn policy loan from AFD is helping bankroll the rollout
IMF board signs off on seventh review, clearing USD 1.8 bn disbursement
With USD 1.8 bn arriving tomorrow, the government has until December to clear the final review and unlock the program’s…
Government set to finalize its post-IMF economic program before the end of September
PLUS: Rameda confirmed a c.USD 70 mn Saudi pharmaceutical plant in partnership with LVP Pharma
USD 520 mn guarantee facility heads to the World Bank board in December
A World Bank project document lays out the equity structure, including a 20-25% gov’t stake, with private investors joining in…
Egypt received its second EU tranche, with one EUR 1.5 bn payment left on the EUR 5 bn package
The tranche arrives about a month later than Egypt had hoped, but keeps the EU’s EUR 5 bn support package…
Egypt + World Bank build a USD 520 mn private infrastructure financing vehicle
Good morning, folks. One common theme this morning: the market thinks a rate cut is coming and everyone is positioning…
IMF to make a decision on seventh review by mid-August
Good morning, folks. Two stories today that are really one story: how and where money is moving. The EGX numbers…
AfDB’s USD 66 mn solar play keeps EgyptAlum green
A funding of up to USD 66 mn from the AfDB will power the first phase of a solar plant…
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