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AfDB mobilizes USD 2.2 bn to bolster Egypt’s water security
The funding will support desalination and water treatment plants for agriculture
EU + AFD to disburse new funds for Egypt grain silos. PLUS: New Xylem water pump factory
The EUR 60 mn disbursal is part of a EUR 100 mn package announced last year
FinMin announces temporary VAT exemption on imported machinery and equipment. PLUS: Microfirms can borrow more, new PwC center,
Ministry didn’t disclose how long the exemption will remain in place
EIB could invest EUR 50 mn a year in Egypt-focused VC, PE firms
The lender is considering investing in Sawari Ventures’ next fund
Al Baraka Bank secures USD 30 mn in green funding from IsDB. PLUS: Italy debt swap agreement extension?
Green SME-led projects to receive funding from IsDB: Al Baraka Bank Egypt will receive USD 30 mn in sharia-compliant funding…
Scatec to partner on USD 450 mn green methanol plant. PLUS: infrastructure postponed, corn trading, Helpoo stake sale, Evonik
Scatec has become a key player in Egypt’s green energy industry
EBRD to invest in RMBV’s USD 300 mn North Africa fund
The USD 300 mn fund will pour investments in companies in Egypt, Morocco, and Tunisia
Alexbank secures USD 15 mn from EIB for green on-lending
The funding comes as part of the Green Economy Financing Facility
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