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EBRD could invest USD 40 mn in SPE Capital’s new North Africa-focused fund
The USD 350 mn fund will invest in mid-cap companies in Egypt, Morocco, and Tunisia
Egypt inks debt swap pact with China
Egypt currently owes about USD 8.2 bn to the Chinese
EBRD to lend USD 50 mn to copper manufacturer UMC
The loan will fund UMC’s FX liquidity for raw material imports
Four banks could receive EBRD loans to fund SMEs, green projects
The financing could be made available before the end of the year, according to a senior figure at the EBRD
Banque Misr lands USD 234 mn from IFC for MSME support
Half of the funds will be directed to female-led MSMEs
EBRD could greenlight funds for electricity grid modernization
The total project would require EUR 200 mn, with the remaining EUR 35 mn coming from EU grants
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Development finance: What’s next?
DFIs remain an important source of FX, technical assistance and partnership coordination for Egyptian businesses and MSMEs
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