African Development Bank

President Abdel Fattah al-Sisi issued today (August 29) Presidential Decree No. 206 of 2019 approving the letter of agreement for…

In support of the country’s effort to improve Egyptians’ quality of life, the African Development Bank approved the disbursement of…

Egypt is expected to receive funding in the coming months at a total of US$2.15 billion, including $1 billion from…

Egypt is targeting US$9 billion in foreign financing in the 2017/18 fiscal year, Deputy Finance Minister Ahmed Kouchouk told Reuters…

African Development Bank agreed on Tuesday to grant Egypt with US$500 million, which is the second category of the US$1.5…

The African Export-Import Bank (Afreximbank) has agreed a US$500 million facility with the Central Bank of Egypt (CBE) to help…

The African Development Bank has vowed to provide a US$1.5 billion contribution to the financing of Egypt’s New Administrative Capital…

The Egyptian government, represented by International Cooperation Minister Sahar Nasr, began Thursday negotiations with a delegation of seven leaders of…

The African Development Bank (AfDB) has approved a US$1.5 billion loan to Egypt to be paid out over three years,…