{"id":622242,"date":"2018-11-29T04:41:40","date_gmt":"2018-11-29T04:41:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/"},"modified":"2018-11-29T04:41:40","modified_gmt":"2018-11-29T04:41:40","slug":"orascom-investment-approves-usd-170-mn-loan-from-afreximbank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/","title":{"rendered":"Orascom Investment approves USD 170 mn loan from Afreximbank"},"content":{"rendered":"

Orascom Investment Holding\u2019s board of directors has approved a USD 170 mn facility from the African Export-Import Bank (Afreximbank), it said in an EGX disclosure (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Investment Holding\u2019s board of directors has approved a USD 170 mn facility from the African Export-Import Bank (Afreximbank), it said in an EGX disclosure (pdf).<\/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":[9298],"tags":[421,2372,72,7087,618],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622242","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-afreximbank","tag-banking-finance","tag-enterpriseam","tag-finance","tag-orascom-investment-holding","wpautop","entry"],"acf":{"mongo_id":"55e8b583-cd01-4876-95cd-d88ea584b2b5","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Orascom Investment approves USD 170 mn loan from Afreximbank","related_issue":[622204],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.d1e602be-69f2-4092-bfca-7ad9e9d35b3d.mp3"},"yoast_head":"\nOrascom Investment approves USD 170 mn loan from Afreximbank - 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\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Investment approves USD 170 mn loan from Afreximbank\" \/>\n<meta property=\"og:description\" content=\"Orascom Investment Holding\u2019s board of directors has approved a USD 170 mn facility from the African Export-Import Bank (Afreximbank), it said in an EGX disclosure (pdf).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-29T04:41:40+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\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Investment approves USD 170 mn loan from Afreximbank\",\"datePublished\":\"2018-11-29T04:41:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/\"},\"wordCount\":34,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AfreximBank\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"Orascom Investment Holding\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/orascom-investment-approves-usd-170-mn-loan-from-afreximbank\/\",\"name\":\"Orascom Investment approves USD 170 mn loan from Afreximbank - 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The agreement comes as part of the bank\u2019s strategy to promote trade and investment among African countries, Afreximbank\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629334,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/te-to-use-usd-90-mn-of-usd-200-mn-facility-from-afreximbank-to-finance-mena-cables-acquisition\/","url_meta":{"origin":622242,"position":1},"title":"TE to use USD 90 mn of USD 200 mn facility from Afreximbank to finance MENA Cables acquisition","author":"enterpriseam admin","date":"28 May 2018","format":false,"excerpt":"Telecom Egypt (TE) is reportedly planning to use USD 90 mn of a USD 200 mn short-term loan agreement with the African Export-Import Bank (AfreximBank) to finance its acquisition of Orascom Telecom Media and Technology (OTMT) subsidiary MENA Cables, a banking source tells Al Shorouk. The state-owned landline monopoly signed\u2026","rel":"","context":"In "Telecoms + ICT"","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571972,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/afreximbank-could-give-egypts-banks-up-to-usd-750-mn-of-credit-facilities\/","url_meta":{"origin":622242,"position":2},"title":"AfreximBank could give Egypt\u2019s banks up to USD 750 mn of credit facilities","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"AfreximBank is looking at extending USD 500-750 mn worth of credit facilities to local state-owned and private banks to help them shore up their FX liquidity, Al Shorouk reports, citing unnamed sources with knowledge of the matter. 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The company is looking at opportunities in real estate, consumer, logistics and non-banking financial services, he said. OIH\u2019s board of directors approved last week a USD\u2026","rel":"","context":"In "Speed Round"","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":622242,"position":4},"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. 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