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AfreximBank could give Egypt’s banks up to USD 750 mn of credit facilities
AfreximBank is looking at extending USD 500-750 mn worth of credit facilities to local state-owned and private banks to help…
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EGPC borrows USD 500 mn from Afrexim, NBE to finance crude imports
The Egyptian General Petroleum Corporation (EGPC) will borrow USD 500 mn from the African Export-Import Bank (Afrexim) and the National…
CBE greenlights establishment of USD 600 mn export credit risk guarantee company
CBE greenlights establishment of USD 600 mn export credit risk guarantee company: The Central Bank of Egypt (CBE) has approved…
What we’re tracking on 10 October 2019
Expect another low inflation reading when Capmas releases September’s figures later today. Annual headline inflation plunged to 7.5% in August,…
Afreximbank dedicates USD 1 bn to AfCFTA, Egypt-Tanzania summit kicks off
Afreximbank dedicates USD 1 bn to support AfCFTA: Afreximbank has decided to allocate USD 1 bn to help countries that…
Afreximbank to extend further USD 1 bn in trade financing loans to Egypt USD in 2H2019
EXCLUSIVE- Afreximbank to provide USD 1 bn of trade financing loans to Egypt in 2H2020: The African Export Import Bank…
CBE signs MoU on technical training
The Central Bank of Egypt signed on Monday an MoU with AfreximBank and the Egyptian Banking Institute on technical training…
Central Bank of Egypt to repay USD 400 mn to AfreximBank in June -source
The central bank will make a USD 400 mn payment to the African Export- Import Bank (AfreximBank) in June, a…
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