{"id":625699,"date":"2018-08-13T04:18:22","date_gmt":"2018-08-13T04:18:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/"},"modified":"2018-08-13T04:18:22","modified_gmt":"2018-08-13T04:18:22","slug":"egypt-seeks-usd-2-bn-in-funding-for-education-reform","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/","title":{"rendered":"Egypt seeks USD 2 bn in funding for education reform"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Egypt seeks USD 2 bn in funding for education reform: <\/strong>The government is apparently holding talks with international development partners for USD 2 bn in new facilities to fund its drive to <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/29\/cairo-university-youth-conference-focuses-on-education\/\">reform K-12 education in Egypt<\/a>, according to World Bank documents <a href=\"http:\/\/www.almasdar.com\/81993\">seen by El Masdar<\/a>. The documents appear to say that the EU, the German international development agency (GIZ), and the German development bank (KfW) have all expressed interest in participating in funding the education reforms. The World Bank had signed a USD 500 mn loan agreement with the government to fund the education reforms.<\/p>\n<p><strong>MIGA gearing up to issue USD 300-400 mn-worth of assurances for Egypt projects: <\/strong>Meanwhile, The World Bank Group\u2019s (WBG) Multilateral Investment Guarantee Agency (MIGA) is preparing to issue new financial guarentees worth USD 300-400 mn for various projects in Egypt, WBG\u2019s Alternate <a href=\"http:\/\/almalnews.com\/Story\/385876\/15\/-%D9%85%D9%8A%D8%AC%D8%A7--%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%AA%D8%AF%D8%A8%D9%8A%D8%B1-400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AA%D9%85%D9%88%D9%8A%D9%84%D8%A7%D8%AA--%D9%84%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5\">Executive Director Ragui El-Etreby tells Al Mal<\/a>. MIGA, which had provided USD 102.6 mn in assurances for six solar power plants in Egypt <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/11\/world-banks-miga-to-provide-usd-102-6-mn-in-guarantees-for-six-solar-plants-in-egypt\/\">back in January<\/a>, had <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/07\/world-bank-agency-to-increase-financing-to-egypts-private-sector-over-the-next-three-years\/\">said last week<\/a> that the agency intends to expand its financing for private sector projects in Egypt over the next three years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt seeks USD 2 bn in funding for education reform: The government is apparently holding talks with international development partners for USD 2 bn in new facilities to fund its drive to reform K-12 education in Egypt, according to World Bank documents seen by El Masdar. The documents appear to say that the EU, the [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625699","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f34a0cd0-867a-4a0b-89b7-7d8f4840aa59","order":"0","is_powered_by":true,"section_story_id":"525a9782-ac41-4983-8e49-a19eace382b5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625686],"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>Egypt seeks USD 2 bn in funding for education reform - 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\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt seeks USD 2 bn in funding for education reform\" \/>\n<meta property=\"og:description\" content=\"Egypt seeks USD 2 bn in funding for education reform: The government is apparently holding talks with international development partners for USD 2 bn in new facilities to fund its drive to reform K-12 education in Egypt, according to World Bank documents seen by El Masdar. The documents appear to say that the EU, the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-13T04:18:22+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt seeks USD 2 bn in funding for education reform\",\"datePublished\":\"2018-08-13T04:18:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/\"},\"wordCount\":194,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/egypt-seeks-usd-2-bn-in-funding-for-education-reform\/\",\"name\":\"Egypt seeks USD 2 bn in funding for education reform - 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The development policy financing (DPF) loan will be used\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/324.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594143,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/islamic-development-bank-launches-usd-500-mn-fund-for-egyptian-startups\/","url_meta":{"origin":625699,"position":2},"title":"Islamic Development Bank launches USD 500 mn fund for Egyptian startups","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"Islamic Development Bank launches USD 500 mn fund for Egyptian startups: The Islamic Development Bank (IsDB) has set up a USD 500 mn fund to support youth-led startups through the Investment Ministry\u2019s Egyptian Entrepreneurship Investment Company (Egypt Ventures) and ministry-supported startup accelerator Falak, according to an Investment Ministry statement. 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