{"id":604619,"date":"2018-12-09T04:30:00","date_gmt":"2018-12-09T04:30:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/africa-forum-2018-kicks-off-egypt-inks-agreements\/"},"modified":"2018-12-09T04:30:00","modified_gmt":"2018-12-09T04:30:00","slug":"africa-forum-2018-kicks-off-egypt-inks-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/africa-forum-2018-kicks-off-egypt-inks-agreements\/","title":{"rendered":"Africa Forum 2018 kicks off, Egypt inks agreements"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>The Africa Forum 2018 in Sharm kicked off yesterday. <\/b>Among the takeaways from the many announcements of the past 24 hours:<\/p>\n<ul>\n<li><b>EBRD is backing accelerators Falak, EFG-EV Fintech and Misr El Kheir<\/b>, offering advisory support to each of them and their portfolio companies, the institution said in <a href=\"https:\/\/ent.news\/2018\/12\/3082.pdf\">a statement (pdf)<\/a>.<\/li>\n<li><b>Falak Startups signed an MoU with Enara Capital <\/b>to establish a startup accelerator and investment fund exclusively for clean technology startups, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D8%AA%D8%B4%D9%87%D8%AF-%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D9%85%D8%B0%D9%83%D8%B1%D8%A9-%D8%AA%D9%81%D8%A7%D9%87%D9%85-%D9%84%D8%AA%D8%A3%D8%B3%D9%8A%D8%B3-%D9%85%D8%B3%D8%B1%D8%B9%D8%A9-%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%AE%D8%A7%D8%B5%D8%A9-%D8%A8%D8%A7%D9%84%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7-%D8%A7%D9%84%D9%86%D8%B8%D9%8A%D9%81%D8%A9-.aspx\">according to an Investment Ministry statement<\/a>. <\/li>\n<li><b>Telecom Egypt inks data center and infrastructure agreement: <\/b>Liquid Telecom is investing USD 400 mn (EGP 8 bn) in Egypt over the next three years in an agreement signed with Telecom Egypt, according to <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A7-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%88%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%8A%D8%B4%D9%87%D8%AF%D8%A7%D9%86-%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D9%85%D8%B0%D9%83%D8%B1%D8%A9-%D8%AA%D9%81%D8%A7%D9%87%D9%85-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D9%84%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%88%D8%B4%D8%B1%D9%83%D8%A9-%D9%84%D9%8A%D9%83%D9%88%D9%8A%D8%AF-%D8%AA%D9%84%D9%8A%D9%83%D9%88%D9%85.aspx\">a statement from the Investment Ministry<\/a> and <a href=\"https:\/\/www.liquidtelecom.com\/news-events\/news\/liquid-telecom-to-invest-8bn-egp-400m-usd-in-egyptian-network-infrastructure-and-data-centres-following-completion-of-cape-to-cairo-link.html\">a Liquid Telecom press release<\/a>.<\/li>\n<li><b>Kitchener Drain rehab gets funding: <\/b>The European Investment Bank and the Housing Ministry signed a EUR 213.9 mn agreement for the Kitchener Drain depollution project, <a href=\"http:\/\/gate.ahram.org.eg\/News\/2063790.aspx\">according to Ahram<\/a>. The drain passes through Dakahlia, Gharbiya and Kafr El Sheikh.<\/li>\n<li><b>The Suez Canal Authority inked two agreements to develop Ain Sokhna and West Port Said, <\/b><a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%B9%D9%84%D9%89-%D9%87%D8%A7%D9%85%D8%B4-%D9%81%D8%B9%D8%A7%D9%84%D9%8A%D8%A7%D8%AA-%D9%85%D9%86%D8%AA%D8%AF%D9%89-%D8%A5%D9%81%D8%B1%D9%8A%D9%82%D9%8A%D8%A7-2018-%D8%AF-%D8%B3%D8%AD%D8%B1-%D9%86%D8%B5%D8%B1-%D8%AA%D8%B4%D9%87%D8%AF-%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D8%B9%D9%82%D9%88%D8%AF-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D9%8A%D9%86-%D8%A7%D9%84%D8%B3%D8%AE%D9%86%D8%A9-%D9%88%D8%BA%D8%B1%D8%A8-%D8%A8%D9%88%D8%B1%D8%B3%D8%B9%D9%8A%D8%AF.aspx\">according to a ministry statement<\/a>. <\/li>\n<li><b>EGP 2.2 bn in financing for Sinai: <\/b>Kuwait\u2019s Fund for Arab Economic Development will finance sewage, desalination and agricultural wastewater projects in Sinai worth a combined EGP 2.2 bn, the <b><a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D8%AA%D9%88%D9%82%D8%B9-%D9%85%D8%B9-%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%89-%D9%84%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%AA%D9%8A%D9%86-%D9%84%D8%AF%D8%B9%D9%85-%D9%85%D8%B5%D8%B1%D9%81-%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D8%A8%D9%82%D8%B1-%D9%88%D8%A7%D9%86%D8%B4%D8%A7%D8%A1-4-%D9%85%D8%AD%D8%B7%D8%A7%D8%AA-%D8%AA%D8%AD%D9%84%D9%8A%D9%87-%D9%84%D9%84%D9%85%D9%8A%D8%A7%D9%87-%D9%81%D9%89-%D8%AC%D9%86%D9%88%D8%A8-%D8%B3%D9%8A%D9%86%D8%A7%D8%A1-.aspx\">Investment Ministry said<\/a><\/b> yesterday. The fund has earmarked USD 1 bn to support development in Sinai through 2021, <b><a href=\"https:\/\/www.almalnews.com\/Story\/401970\/15\/-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%82%D8%B1%D9%88%D8%B6%D9%8B%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA-%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%B3%D9%8A%D9%86%D8%A7%D8%A1\">Al Mal reports<\/a><\/b>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Africa Forum 2018 in Sharm kicked off yesterday. Among the takeaways from the many announcements of the past 24 hours: EBRD is backing accelerators Falak, EFG-EV Fintech and Misr El Kheir, offering advisory support to each of them and their portfolio companies, the institution said in a statement (pdf). Falak Startups signed an MoU [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,760,1719,336,11355,2374,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604619","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-european-investment-bank","tag-housing-ministry","tag-italy","tag-kitchener-drain","tag-sahar-nasr","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4e23aaeb-9768-4b46-9f94-38f6139e0c4e","order":"0","is_powered_by":true,"section_story_id":"ab0b5636-53d8-4206-86ba-aa1f71291352","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604602],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Africa Forum 2018 kicks off, Egypt inks agreements - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/africa-forum-2018-kicks-off-egypt-inks-agreements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa Forum 2018 kicks off, Egypt inks agreements\" \/>\n<meta property=\"og:description\" content=\"The Africa Forum 2018 in Sharm kicked off yesterday. 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The company will use the capital to expand its existing identity\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604561,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/ebrd-has-appetite-for-egypts-privatization-program-sees-egypt-as-one-of-its-top-two-investment-destinations-in-2019-heckman\/","url_meta":{"origin":604619,"position":1},"title":"EBRD has appetite for Egypt\u2019s privatization program, sees Egypt as one of its top two investment destinations in 2019 \u2013Heckman","author":"enterpriseam admin","date":"6 December 2018","format":false,"excerpt":"EXCLUSIVE- Egypt was among the top two recipients of EBRD\u2019s investments worldwide in 2018, Managing Director for the Southern and Eastern Mediterranean Janet Heckman told Enterprise in a recent sit-down. 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