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IFC pledges USD 50 mn to support mid-cap companies in Africa
The IFC has also agreed to a local currency swap with Banque Misr
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
Japan pledges USD 230 mn in budget support
Non-traditional, low-cost development financing tools can bridge the financing gap for emerging economies, Maait says.
El Ezaby to open 120 additional branches in 2024. PLUS: Shell drills new wells, multilateral development banks form co-financing platform, National Authority for Tunnels looks for Sokhna-Matrouh line loan
The pharma group has already opened 34 new branches since the beginning of the year
Egypt, Italy sign agreements to back MSMEs, vocational training, and much more
Italy’s Deposits and Loans Fund is providing a total of EUR 145 mn to support MSMEs in Egypt
Honeywell gears up for sustainable aviation fuel project. PLUS: EU + French Development Agency finance water treatment plant, EDA to clamp down on counterfeit meds
Honeywell will complete a feasibility study for the project within the next few months
Siemens to build smart health facilities in Egypt. PLUS: Tejas Network, Paymob + MID Takseet, Afreximbank + Hafiz
The revamp aims to increase the efficiency of the facilities, reduce energy consumption and disruptions, and improve patients’ comfort and…
Green Hurghada project secures USD 3 mn in funding. PLUS: News from NBE, FABMisr, Elsewedy Electric
The project is being carried out by the United Nations Industrial Development Organization and the Environmental Affairs Agency
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