African Development Bank Archives

Cabinet approves draft bill to regulate fintech industry

The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday,…

AfDB has approved a EUR 145 mn loan to finance railway upgrades through the Egypt National Railways Modernization Project (ENRP),…

Egypt’s economy will be back near its pre-pandemic growth rate in 2022, coming in at 4.9% compared to the 5.6%…

OC, HA JV to construct world’s largest waste treatment plant: A JV made up of our friends at Orascom Construction…

The African Development Bank is reportedly lining up to help us farm more efficiently, with Al Mal quoting unnamed sources…

LEGISLATION WATCH- House passes tax code amendments that impose tough penalties on late filers: The House of Representatives has passed…

CABINET WATCH- The Madbouly cabinet approved a EUR 225 mn financing agreement with the African Development Bank (AfDB) to support…

The African Development Bank approved a EUR 225 mn loan to finance Egypt’s Electricity and Green Growth Support Program, the…

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