Tag: African Development Bank

Economic ministerial group discusses the third $500m tranche of AfDB’s loan

Egypt is currently in a good position to attract more investments, says…

Shaimaa Al-Aees Shaimaa Al-Aees

Petroleum Ministry to repay part of its dues to foreign partners in May

The ministry will complete the repayment of its dues after receiving the…

Mohamed Farag Mohamed Farag

AfDB approves $450m trade finance package for Afreximbank  

The package aims to boost intra-African trade and promote regional integration

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt to receive 2nd tranche of AFDB loan within two weeks: AFDB

The government also called for AFDB to finance a sewage plant in…

Ahmed Farahat Ahmed Farahat

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

External debt: a tricky, dangerous route towards reform

Egypt’s negotiations for loans from the International Monetary Fund, World Bank, and…

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

World Bank, AFDB mission to visit Egypt to discuss granting second tranche of fund

The mission will provide the second tranche of funding from the two…

Shaimaa Al-Aees Shaimaa Al-Aees

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

Are Egypt’s economic reforms enough to solve the informal economy problem?

Egypt’s informal economy has grown as a result of dysfunctions in the…

Mohamed Samir Mohamed Samir