{"id":649337,"date":"2017-04-30T04:04:32","date_gmt":"2017-04-30T04:04:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/"},"modified":"2017-04-30T04:04:32","modified_gmt":"2017-04-30T04:04:32","slug":"afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/","title":{"rendered":"Afreximbank to provide NBE with USD 300 mn facility to fund SMEs"},"content":{"rendered":"

The African Export-Import Bank (Afreximbank) signed an agreement to provide a<\/strong>USD 300 mn financing facility to the National Bank of Egypt (NBE)<\/strong> to support SMEs on Thursday, the bank said in a statement<\/a>. The loan will be used as part of the SME initiative launched in 2016 to provide bns in funding for SMEs, said Afreximbank president Benedict Oramah. Being a hard currency facility, the facility would make it possible for beneficiaries to access essential investment goods from the international market to improve their competitiveness, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The African Export-Import Bank (Afreximbank) signed an agreement to provide aUSD 300 mn financing facility to the National Bank of Egypt (NBE) to support SMEs on Thursday, the bank said in a statement. The loan will be used as part of the SME initiative launched in 2016 to provide bns in funding for SMEs, said […]<\/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-649337","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"60dfe3fc-d61a-42ae-8f3d-be6aac058991","order":"0","is_powered_by":true,"section_story_id":"585fd938-4f9c-40ca-aaa8-2f49f44c6eef","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649320],"teaser":"","voice_url":""},"yoast_head":"\nAfreximbank to provide NBE with USD 300 mn facility to fund SMEs - 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\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afreximbank to provide NBE with USD 300 mn facility to fund SMEs\" \/>\n<meta property=\"og:description\" content=\"The African Export-Import Bank (Afreximbank) signed an agreement to provide aUSD 300 mn financing facility to the National Bank of Egypt (NBE) to support SMEs on Thursday, the bank said in a statement. The loan will be used as part of the SME initiative launched in 2016 to provide bns in funding for SMEs, said […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-30T04:04:32+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\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Afreximbank to provide NBE with USD 300 mn facility to fund SMEs\",\"datePublished\":\"2017-04-30T04:04:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/afreximbank-to-provide-nbe-with-usd-300-mn-facility-to-fund-smes\/\",\"name\":\"Afreximbank to provide NBE with USD 300 mn facility to fund SMEs - 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The two banks had signed a USD 300 mn three-year financing agreement in April 2017 that would be\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":627450,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/afreximbank-plans-to-provide-as-much-as-usd-1-bn-in-funding-to-egypts-private-public-sectors-this-year\/","url_meta":{"origin":649337,"position":3},"title":"AfreximBank plans to provide as much as USD 1 bn in funding to Egypt\u2019s private, public sectors this year","author":"enterpriseam admin","date":"3 June 2018","format":false,"excerpt":"AfreximBank is planning to provide as much as USD 1 bn in funding to Egypt this year, Executive Vice President Amr Kamel said at the bank\u2019s conference on intra-African trade on Thursday. 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