{"id":627146,"date":"2018-07-24T04:22:23","date_gmt":"2018-07-24T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/"},"modified":"2018-07-24T04:22:23","modified_gmt":"2018-07-24T04:22:23","slug":"ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/","title":{"rendered":"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019"},"content":{"rendered":"

<\/a> IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019: <\/strong>The International Finance Corporation (IFC) is committed to extending as much as USD 2 bn in funding to Egypt\u2019s private sector until 2019 under the country\u2019s cooperation framework with the World Bank Group, IFC CEO Philippe Le Hou\u00e9rou told Investment Minister Sahar Nasr this weekend at a meeting in Washington, D.C. The amount could be increased to support SMEs and other entrepreneurial projects, Le Hou\u00e9rou said, according to a ministry statement (pdf)<\/a>. Nasr \u2014who said she hopes to see the IFC support more projects in transportation, energy, communications, and entrepreneurship \u2014 also discussed increased cooperation with the World Bank on social protection with Senior Director for Social, Urban, Rural and Resilience Global Practices, Ede Ijjasz-Vasquez.<\/p>\n

The economic reform agenda also received props from the team that puts together the World Bank\u2019s Doing Business Report, <\/strong>who told Nasr they were confident that recent measures would improve Egypt\u2019s global ranking on the ease of doing business index.<\/p>\n","protected":false},"excerpt":{"rendered":"

IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019: The International Finance Corporation (IFC) is committed to extending as much as USD 2 bn in funding to Egypt\u2019s private sector until 2019 under the country\u2019s cooperation framework with the World Bank Group, IFC CEO Philippe Le Hou\u00e9rou told Investment Minister Sahar […]<\/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-627146","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b2fde087-34fe-4245-8386-0a8cc114ee14","order":"0","is_powered_by":true,"section_story_id":"4dbd866e-e97a-4c09-8c61-46170e29bc21","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627135],"teaser":"","voice_url":""},"yoast_head":"\nIFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 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\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019\" \/>\n<meta property=\"og:description\" content=\"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019: The International Finance Corporation (IFC) is committed to extending as much as USD 2 bn in funding to Egypt\u2019s private sector until 2019 under the country\u2019s cooperation framework with the World Bank Group, IFC CEO Philippe Le Hou\u00e9rou told Investment Minister Sahar […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-24T04:22:23+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\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019\",\"datePublished\":\"2018-07-24T04:22:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/\"},\"wordCount\":183,\"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\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/\",\"name\":\"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019 - 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