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Egypt’s infrastructure guarantee facility draws 10 development partners ahead of a December World Bank board vote
Ten development finance institutions have signed onto Egypt’s USD 520 mn IFGF, the broadest multilateral backing for the vehicle since…
Gov’t rejected VW’s request for incentives beyond the standard package
Plus: The AfDB is giving a USD 3.55 mn reimbursable grant to a green ammonia project in East Port Said
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…
Egypt raises USD 500 mn in AfDB-backed Samurai bonds
The issuance closes out Egypt’s international placements for FY 2025/26 at USD 4 bn
Egypt issues USD 500 mn in Samurai bonds backed by African Development Bank
Good afternoon, friends, and happy almost long weekend. Last night gave us one of the biggest World Cup upsets in…
AfDB signs on as FinMin readies international debt blitz
The bank will extend a partial credit guarantee to help the Finance Ministry float the Samurai bond in 2026
AfDB commits USD 184 mn to Obelisk solar and battery project
The recently approved funding will account for nearly a third of the project’s entire investment cost
AfDB approves USD 170 mn private sector development, economic diversification loan. PLUS: Paymob, Masria Digital Payments, SideUp, Mobica, Shell, Orascom Financial Holding
The funds will have a special emphasis on green growth
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