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Infrastructure 
AfDB has a new Egypt country manager
The African Development Bank (AfDB) has appointed Abdourahmane Diaw (LinkedIn) the bank’s new head of Egypt, effective 1 November 2022,…
THIS MORNING: The EGX just had its best day in three months + EGP falls again against the greenback
Good morning, wonderful people. We have a packed issue for you on this cold Sunday morning, setting the tone for…
A mixed bag of nuts in the foreign press on 7 February 2023
No one story is driving the international conversation on Egypt this morning. The Washington Post has reviewed King of Koshary…
Egypt, Hungary sign agreements during talks in Budapest
More cooperation with Hungary: Egypt and Hungary signed several agreements to forge closer economic ties at the first meeting in…
Suez Canal receives record monthly revenues
SUEZ CANAL- Another record-breaking month for Suez Canal revenues: Suez Canal revenues grew 47% y-o-y in January to an all-time…
MNT-Halan on its way to unicorn status with major Chimera investment
IFC is also intending to invest USD 40 mn in MNT-Halan
House approves USD 47 mn grant from the US for small-scale farmers
The House of Representatives yesterday approved three foreign financing agreements to fund rural development, irrigation, and rail infrastructure. It also…
EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC
DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available…
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