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KfW details EUR 170 mn German technical and vocational education and training portfolio in Egypt
KfW breaks down Germany’s support for Egypt’s technical education as the first new German-backed centers prepare to open this year
Negotiations underway for Sixth October-Abu Simbel high-speed rail line loan
We might be getting fresh funding for our second high-speed rail line: The Madbouly government has opened talks with international…
EBRD commits EUR 30 mn to Mediterrania Capital Partners midcap fund
The impact investor’s MC IV fund will target mid-cap firms in Egypt, Morocco and Tunisia, as well as sub-Saharan Africa
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
SODIC to double construction capex to EGP 6 bn this year
SODIC wants to purchase more than 300 acres on the North Coast
Another chunk of development finance from Germany
Egypt and Germany inked nine cooperation and financing agreements worth EUR 160 mn on the sidelines of COP27 last week,…
Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
EBRD, Green Growth and Sanad funds all have money for Egypt + more competition in consumer finance
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
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