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AFD’s Proparco provides USD 20 mn finance facility to T&C Garments
DEBT WATCH- Proparco has extended a USD 20 mn finance facility to T&C Garments, an Egyptian-Turkish JV specialized in manufacturing…
Trade
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Egypt receives first installment of USD 500 mn World Bank facility
The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful…
Shoukry reiterates legitimacy of Egypt’s potential intervention in Libya
Egypt’s potential Libya interaction is legitimate, Shoukry reiterates: Foreign Minister Sameh Shoukry yesterday echoed Saturday’s statements by President Abdel Fattah…
Supply Ministry to set up 3 new logistic zones worth EGP 14.5 bn
The Supply Ministry will issue tenders for three logistics zones in the Red Sea, Suez, and Sharqiya governorates that are…
African Development Bank approved a EUR 225 mn loan to finance Egypt’s Electricity and Green Growth Support Program
The African Development Bank approved a EUR 225 mn loan to finance Egypt’s Electricity and Green Growth Support Program, the…
What we’re tracking on 21 June 2020
…and we’re back from our mental health day. We enjoyed an impromptu long weekend and hope you’ll also consider giving…
Egypt to enforce ban on legume exports for three additional months
The Trade Ministry has renewed for three months a suspension on all exports of beans and legumes to ensure sufficient…
Sudan calls Ethiopia’s GERD proposal “a retreat from previously agreed upon principles”
Sudan calls Ethiopia’s GERD proposal “a complete retreat from previously agreed upon principles,” according to an Irrigation Ministry statement. That…
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