{"id":638266,"date":"2017-10-01T04:09:58","date_gmt":"2017-10-01T04:09:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/badea-extends-egypt-usd-50-mn-credit-line-to-support-exporters-to-africa\/"},"modified":"2017-10-01T04:09:58","modified_gmt":"2017-10-01T04:09:58","slug":"badea-extends-egypt-usd-50-mn-credit-line-to-support-exporters-to-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/badea-extends-egypt-usd-50-mn-credit-line-to-support-exporters-to-africa\/","title":{"rendered":"BADEA extends Egypt USD 50 mn credit line to support exporters to Africa"},"content":{"rendered":"

The Arab Bank for Economic Development in Africa (<\/strong>BADEA<\/strong><\/a>) will provide Egypt with a USD 50 mn renewable credit line<\/strong>, the Investment and International Cooperation Ministry announced<\/a>. The funding aims to support Egyptian investors looking to expand sales to African markets and will support producers who export products that are made up of at least 30% Arab-country sourced raw materials sold in Africa. BADEA\u2019s funding targets essential goods producers including medications, fertilizers, electrical appliances, and manufactured petroleum products.<\/p>\n

Seven agreements were signed with Armenia by investment Minister Sahar Nasr during the Egyptian-Armenian Joint Committee meeting<\/strong> in Yerevan, according to an statement by The Ministry<\/a>. The agreements revolved around promoting investments in both countries as well as academic and cross cultural exchanges.<\/p>\n

Libyan authorities have arrested a Daesh militant believed to involved in the <\/strong>
\nbeheadings of 21 Egyptian Coptic Christians in 2015<\/strong>, The Associated Press reports<\/a>. The Libyan prosecutor Al Sadiq Al Sour says \u201cthe beheadings took place behind a seaside hotel in the coastal city of Sirte. He says authorities have also identified the site where the bodies were buried.\u201d In a development that could further impact the relations between Egypt and Sudan<\/strong>, Al Sour says Daesh militants \u201chave been using Sudan, the country\u2019s southern neighbor, to get into Libya.\u201d This comes as the Armed Forces destroyed a 10-car convoy running guns and contraband from the Libyan side into Egypt, according to a statement from The Armed Forces<\/a>.<\/p>\n

Egypt is committed to the investigation of Italian PHD student Giulio Regeni\u2019s murder<\/strong>, Foreign Minister Sameh Shoukry told Rome\u2019s ambassador to Cairo Giampaolo Cantini, according to a ministry statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Arab Bank for Economic Development in Africa (BADEA) will provide Egypt with a USD 50 mn renewable credit line, the Investment and International Cooperation Ministry announced. The funding aims to support Egyptian investors looking to expand sales to African markets and will support producers who export products that are made up of at least […]<\/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":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638266","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"82f4ce41-5b2c-49fb-907e-a2a7d80716bf","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638243],"teaser":"","voice_url":""},"yoast_head":"\nBADEA extends Egypt USD 50 mn credit line to support exporters to Africa - 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\/2017\/10\/01\/badea-extends-egypt-usd-50-mn-credit-line-to-support-exporters-to-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BADEA extends Egypt USD 50 mn credit line to support exporters to Africa\" \/>\n<meta property=\"og:description\" content=\"The Arab Bank for Economic Development in Africa (BADEA) will provide Egypt with a USD 50 mn renewable credit line, the Investment and International Cooperation Ministry announced. 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The loan primarily targets sectors like banking and finance,\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":649013,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/diplomacy-and-foreign-trade-on-19-april-2017\/","url_meta":{"origin":638266,"position":1},"title":"Diplomacy and foreign trade on 19 April 2017","author":"enterpriseam admin","date":"19 April 2017","format":false,"excerpt":"Israel has decided to keep its Sinai border with Egypt closed indefinitely and will \u201creexamine the situation\u201d in the coming days, Israel\u2019s National Security Council announced yesterday, Haaretz reports. Israel had shuttered its border last week due to its assessment that \u201cincreased ISIS-affiliated activity in the area\u201d posed a threat\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":644911,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/06\/investment-minister-completes-investment-roadmap-with-600-new-projects\/","url_meta":{"origin":638266,"position":2},"title":"Investment Minister completes investment roadmap with 600 new projects","author":"enterpriseam admin","date":"6 July 2017","format":false,"excerpt":"Investment and International Cooperation Minister Sahar Nasr has finished laying out Egypt\u2019s investment roadmap, Al Ahram reports. The plan will be updated regularly as new opportunities become available, Nasr said, but currently includes 600 new projects across different sectors that the government intends to pitch to local and foreign investors.\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":645084,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/egyptian-lebanese-company-signed-contracts-for-exports-to-africa-worth-usd-25-mn-in-1h17\/","url_meta":{"origin":638266,"position":3},"title":"Egyptian-Lebanese Company signed contracts for exports to Africa worth USD 25 mn in 1H17","author":"enterpriseam admin","date":"11 July 2017","format":false,"excerpt":"The Egyptian-Lebanese Company For Trade and Investment in Africa signed agreements for Egyptian exports to West African countries worth USD 25 mn in 1H17, managing director Ahmed El-Gohary tells Al Borsa. The company signed USD 5 mn worth of agreements with the Ivory Coast last month, including a USD 500,000\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":624722,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/egypt-eib-sign-two-agreements-worth-eur-32-mn\/","url_meta":{"origin":638266,"position":4},"title":"Egypt, EIB sign two agreements worth EUR 32 mn","author":"enterpriseam admin","date":"17 September 2018","format":false,"excerpt":"Egypt and the European Investment Bank (EIB) signed two agreements for grants worth EUR 32 mn (EGP 662 mn) to support sewage treatment projects in Kafr el Sheikh, according to an Investment Ministry statement. The agreements will allow EIB to help implement infrastructure projects throughout 79 villages. EIB had previously\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":596932,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/11\/saudi-arabia-signs-egp-125-mn-worth-grants-to-support-smes-in-egypt\/","url_meta":{"origin":638266,"position":5},"title":"Saudi Arabia signs EGP 125 mn-worth grants to support SMEs in Egypt","author":"enterpriseam admin","date":"11 July 2019","format":false,"excerpt":"Saudi Arabia signs EGP 125 mn-worth agreements to support SMEs in Egypt: The Saudi Arabia Development Fund signed three agreements worth EGP 125 mn to provide funding to SMEs through local microfinance firms EFG Hermes Leasing, Global Lease and UI Finance, the Investment Ministry said in a statement. The first\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638266","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=638266"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638266\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638243"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638266"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638266"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}