{"id":604631,"date":"2018-12-09T04:30:00","date_gmt":"2018-12-09T04:30:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/"},"modified":"2018-12-09T04:30:00","modified_gmt":"2018-12-09T04:30:00","slug":"afreximbank-pledges-usd-2-bn-for-egypt-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/","title":{"rendered":"AfreximBank pledges USD 2 bn for Egypt in 2019"},"content":{"rendered":"<p><b>The African Export Import (AfreximBank) Bank has earmarked USD 2 bn for Egypt in 2019<\/b>, President Benedict Oramah said during the Africa 2018 forum in Sharm El Sheikh, <a href=\"https:\/\/www.almalnews.com\/Story\/402011\/15\/%C2%AB%D8%A7%D9%84%D8%A5%D9%81%D8%B1%D9%8A%D9%82%D9%8A-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF%C2%BB-%D9%8A%D8%AF%D8%B9%D9%85-%D9%82%D8%B7%D8%A7%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%88%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%83%D9%8A%D9%85%D8%A7%D9%88%D9%8A\">according to Al Mal<\/a>. The new financing will be directed largely towards manufacturing and petrochemical projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The African Export Import (AfreximBank) Bank has earmarked USD 2 bn for Egypt in 2019, President Benedict Oramah said during the Africa 2018 forum in Sharm El Sheikh, according to Al Mal. The new financing will be directed largely towards manufacturing and petrochemical projects.<\/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":[9285],"tags":[421,7106,2398,72,125,131,705],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604631","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-afreximbank","tag-debt","tag-diplomacy-foreign-trade","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-petrochemicals","wpautop","entry"],"acf":{"mongo_id":"09570749-cb87-435d-94de-ca1c32bfb2c6","order":"0","is_powered_by":true,"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>AfreximBank pledges USD 2 bn for Egypt in 2019 - 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\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfreximBank pledges USD 2 bn for Egypt in 2019\" \/>\n<meta property=\"og:description\" content=\"The African Export Import (AfreximBank) Bank has earmarked USD 2 bn for Egypt in 2019, President Benedict Oramah said during the Africa 2018 forum in Sharm El Sheikh, according to Al Mal. The new financing will be directed largely towards manufacturing and petrochemical projects.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-09T04:30:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AfreximBank pledges USD 2 bn for Egypt in 2019\",\"datePublished\":\"2018-12-09T04:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/\"},\"wordCount\":48,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AfreximBank\",\"debt\",\"Diplomacy + Foreign Trade\",\"EnterpriseAM\",\"investment watch\",\"Manufacturing\",\"petrochemicals\"],\"articleSection\":[\"Diplomacy + Foreign Trade\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/afreximbank-pledges-usd-2-bn-for-egypt-in-2019\/\",\"name\":\"AfreximBank pledges USD 2 bn for Egypt in 2019 - 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The money aims to encourage countries\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599420,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/afreximbank-to-extend-further-usd-1-bn-in-trade-financing-loans-to-egypt-usd-in-2h2019\/","url_meta":{"origin":604631,"position":1},"title":"Afreximbank to extend further USD 1 bn in trade financing loans to Egypt USD in 2H2019","author":"enterpriseam admin","date":"27 June 2019","format":false,"excerpt":"EXCLUSIVE- Afreximbank to provide USD 1 bn of trade financing loans to Egypt in 2H2020: The African Export Import Bank is planning to provide USD 1 bn of financing in 2H2019 to boost intra-African trade and support Egyptian companies to invest in Africa, a bank official told Enterprise on the\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":562797,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/07\/more-help-is-on-the-way-for-smes-courtesy-of-afreximbank\/","url_meta":{"origin":604631,"position":2},"title":"More help is on the way for SMEs, courtesy of Afreximbank","author":"enterpriseam admin","date":"7 June 2021","format":false,"excerpt":"Afreximbank will loan United Bank USD 600 mn for on-lending to SMEs and to support trade finance, Masrawy reports, citing sources it says are in the know. Afreximbank provided a credit facility of the same amount to the bank last year to help SMEs access financing during the covid-19 pandemic,\u2026","rel":"","context":"In &quot;SMEs&quot;","block_context":{"text":"SMEs","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/smes\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573044,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/","url_meta":{"origin":604631,"position":3},"title":"Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"DEBT WATCH- Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank. The African Export-Import Bank (Afreximbank) has earmarked USD 3.9 bn for Egypt to mitigate covid-19 fallout and stimulate trade with the rest of the continent. Afreximbank has disbursed USD 3.55 bn\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\/2020\/7\/141.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600260,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/central-bank-of-egypt-to-repay-usd-400-mn-to-afreximbank-in-june-source\/","url_meta":{"origin":604631,"position":4},"title":"Central Bank of Egypt to repay USD 400 mn to AfreximBank in June -source","author":"enterpriseam admin","date":"23 January 2019","format":false,"excerpt":"The central bank will make a USD 400 mn payment to the African Export- Import Bank (AfreximBank) in June, a source told Masrawy. 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