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Egypt received its second EU tranche, with one EUR 1.5 bn payment left on the EUR 5 bn package
The tranche arrives about a month later than Egypt had hoped, but keeps the EU’s EUR 5 bn support package…
The Minya solar plant is drawing fresh financing from EAAIF
The USD 30 mn loan is only a small portion of what’s happening in Egypt's renewables financing story right now
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 to hedge 65% of fuel imports next FY
Plus: Ratio Petroleum acquires Pharos Energy for USD 164 mn
SAIB seeks up to EGP 5 bn in maiden debt issuance
The bank is pivoting toward long-term institutional funding, as its customer deposit base contracts by almost USD 0.25 bn in…
Private debt in GCC hit USD 4.1 bn last year — overtaking venture capital for the first time
Fintech dominated, with the sector accounting for 95.5% of total private debt deployment across the GCC, or USD 3.9 bn
Egypt to receive fresh EUR 1.5 bn from EU this month
The tranche is part of the EUR 7.4 bn EU-Egypt strategic partnership announced in March 2024
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