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Beni Suef, Sharqia are getting EGP 4.8 bn worth of projects. PLUS: News from GIZ, EgyFert, Madinet Masr,
The projects are set to be completed within two years
GIZ support for our food and agriculture SMEs. PLUS: News from Sun Way and Golden Town Development
The support will trickle in over an 18-month period
Egypt to survey land plots for new renewable energy projects. PLUS: Recycling phones, more hotels, and an airline returns to Egypt.
MORE SOLAR + WIND PROJECTS? The New and Renewable Energy Authority (NREA) will run studies on the suitability of almost…
El Sisi announces fresh measures to support manufacturing activity + Russian, Chinese manufacturers to invest in new plants in Egypt
Industrial projects in priority sectors will get a five-year exemption from most taxes
The Egyptian Securities Federation is finally a thing. PLUS: wheat talks, Air Cairo, Madbouly in South Africa, Fawry, Endeavor, and Neptune Energy
The ESF has been five years in the making
Banque Misr’s MDI applies for digital banking license. PLUS: Cairo Metro Line 3, B.TECH + outsourcing
MDI is the first company to apply for a digital banking license
We’re getting an EUR 54 mn debt swap from Germany to spend on wind power
The money will help link our two new 500-GW wind farms to the grid
Crypto platform Rain throws in with MoneyHash on payments. Plus: STV is fundraising and Raya’s accelerator inks pact with GIZ
MoneyHash’s API will allow Rain to add payment service providers and payment methods across the Middle East and Africa.
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