{"id":627500,"date":"2018-06-04T04:06:40","date_gmt":"2018-06-04T04:06:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/"},"modified":"2018-06-04T04:06:40","modified_gmt":"2018-06-04T04:06:40","slug":"cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/","title":{"rendered":"CBE repays final USD 500 mn installment of Afreximbank loan"},"content":{"rendered":"

The central bank made a final USD 500 mn payment to the African Export- Import Bank (Afreximbank) last Thursday <\/strong>on a USD 3.7 bn facility it had acquired back in 2016<\/a> to boost its FX liquidity and help Egyptian importers through a foreign currency shortage, Al Masry Al Youm reports<\/a>, citing statements by Afreximbank Vice President for Business Development Amr Kamel. Egypt\u2019s foreign debt obligations stood at USD 82.9 bn<\/a> at the end of December 2017, or around 36.1% of GDP, up from USD 67.3 bn at the end of December 2016. Egypt plans to retire some USD 12 bn in foreign debt this year, including USD 850 mn owed to international oil companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

The central bank made a final USD 500 mn payment to the African Export- Import Bank (Afreximbank) last Thursday on a USD 3.7 bn facility it had acquired back in 2016 to boost its FX liquidity and help Egyptian importers through a foreign currency shortage, Al Masry Al Youm reports, citing statements by Afreximbank Vice […]<\/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-627500","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"eb09abb1-28c3-4d38-9d38-5b89500a3f50","order":"0","is_powered_by":true,"section_story_id":"68b09fd8-59cf-4920-96ab-ca12c80f74c4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627489],"teaser":"","voice_url":""},"yoast_head":"\nCBE repays final USD 500 mn installment of Afreximbank loan - 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\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE repays final USD 500 mn installment of Afreximbank loan\" \/>\n<meta property=\"og:description\" content=\"The central bank made a final USD 500 mn payment to the African Export- Import Bank (Afreximbank) last Thursday on a USD 3.7 bn facility it had acquired back in 2016 to boost its FX liquidity and help Egyptian importers through a foreign currency shortage, Al Masry Al Youm reports, citing statements by Afreximbank Vice […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-04T04:06:40+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\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\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE repays final USD 500 mn installment of Afreximbank loan\",\"datePublished\":\"2018-06-04T04:06:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\"},\"wordCount\":114,\"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\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\",\"name\":\"CBE repays final USD 500 mn installment of Afreximbank loan - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-06-04T04:06:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBE repays final USD 500 mn installment of Afreximbank loan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CBE repays final USD 500 mn installment of Afreximbank loan - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/","og_locale":"en_US","og_type":"article","og_title":"CBE repays final USD 500 mn installment of Afreximbank loan","og_description":"The central bank made a final USD 500 mn payment to the African Export- Import Bank (Afreximbank) last Thursday on a USD 3.7 bn facility it had acquired back in 2016 to boost its FX liquidity and help Egyptian importers through a foreign currency shortage, Al Masry Al Youm reports, citing statements by Afreximbank Vice […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-06-04T04:06:40+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"CBE repays final USD 500 mn installment of Afreximbank loan","datePublished":"2018-06-04T04:06:40+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/"},"wordCount":114,"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\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/","name":"CBE repays final USD 500 mn installment of Afreximbank loan - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-06-04T04:06:40+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/cbe-repays-final-usd-500-mn-installment-of-afreximbank-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"CBE repays final USD 500 mn installment of Afreximbank loan"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":635572,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/cbe-repays-another-usd-600-mn-to-afreximbank\/","url_meta":{"origin":627500,"position":0},"title":"CBE repays another USD 600 mn to Afreximbank","author":"enterpriseam admin","date":"7 December 2017","format":false,"excerpt":"The CBE repaid USD 600 mn to the African Export-Import Bank on Wednesday as part of a USD 3.2 bn facility, state news agency MENA reported, according to Al Masry Al Youm. This comes two days after the CBE repaid USD 2 bn to Afreximbank, bringing the total amount repaid\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":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":627500,"position":1},"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 "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\/2020\/7\/141.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628090,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/cbe-in-talks-with-afreximbank-for-usd-500-mn-loan-for-imports-sme-financing\/","url_meta":{"origin":627500,"position":2},"title":"CBE in talks with Afreximbank for USD 500 mn loan for imports, SME financing","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"The CBE is in talks with Afreximbank for a USD 500 mn loan that will be geared toward funding trade and imports as well as SME financing, an unnamed source from Afreximbank tells Al Shorouk. If it comes through, the facility would be yet another sign that the international finance\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":556048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/10\/new-infusions-of-usd-for-state-banking-system\/","url_meta":{"origin":627500,"position":3},"title":"New infusions of USD for state, banking system?","author":"enterpriseam admin","date":"10 October 2021","format":false,"excerpt":"The Madbouly government is looking to raise USD 2 bn through a three-year syndicated facility, according to a Finance Ministry statement on Friday. The loan will include ESG and Islamic finance components, with the ESG tranche set to target green projects under the Finance Ministry\u2019s green financing framework, Emirates NBD,\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634028,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/","url_meta":{"origin":627500,"position":4},"title":"Egypt to repay USD 12 bn in foreign debt this year","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"Egypt repaid USD 30 bn in foreign currency debt in 2017 and is set to pay off more than USD 12 bn more in 2018, MENA said, as per Reuters. Egypt\u2019s debts stood at USD 79 bn at the end of FY 2016-17, the report notes. The central bank had\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":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":627500,"position":5},"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 "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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=627500"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627500\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627489"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627500"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627500"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}