Tag: AfDB

Egypt to receive 2nd tranche of African Development Bank loan

On Monday, the Minister of International Cooperation Sahar Nasr signed an agreement…

Hisham Salah Hisham Salah

AFDB to approve the second tranche of loan to support budget before end of 2016

AFDB funds Egypt with $800m annually, including the second and third tranches of…

Shaimaa Al-Aees Shaimaa Al-Aees

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt targets $21bn loan over 3 years to finance economic programme

IMF to offer $12bn, while the World Bank, AFDB, and international bonds…

Daily News Egypt Daily News Egypt

Egypt to implement new healthcare system in current FY: El-Garhy

AfDB agrees to provide grant to finance actuarial studies for new healthcare…

Mohamed Samir Mohamed Samir

AfDB announces $140m fund for Egypt’s Administrative Capital

President of the African Development Bank (AfDB) Akinwumi Adesina said the bank…

Mohamed Ayyad Mohamed Ayyad

10 international organisations to provide support to new comprehensive social health insurance system

Personal spending on health services reached more than 60% of total spending…

Daily News Egypt Daily News Egypt

Egypt’s government adopts holistic approach to reform the energy sector: AfDB

AfDB hopes reducing energy subsidies in Egypt to 3.3% in FY2016

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt received first $500m portion of loan from AfDB: Amer

The CBE awaits the first portion of the loan agreed upon with…

Hossam Mounir Hossam Mounir

Industrial Development Bank negotiates with SFD to fund micro-enterprises

AfDB financed SFD with $72m for the Rural Income and Economic Enhancement…

Shaimaa Al-Aees Shaimaa Al-Aees