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Development partners
SFE could partner with El Sewedy consortium to implement, operate Sixth of October dry port
The Sixth of October dry port has piqued the interest of the Sovereign Fund of Egypt (SFE), which could partner with the consortium of companies implementing and operating the project, Elsewedy…
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World Bank Loans Morocco $250 Million to Support Green Generation Plan
The World Bank approved this week a $250 million loan to support Morocco’s 2020-2030 Green Generation Strategy.
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DP World signs groundbreaking e-commerce deal with Rwanda
DP World has signed an agreement with the Rwanda Development Board to expand its e-commerce operations across East Africa and beyond.
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Huawei looks for growth in Ethiopia and broader Africa
Huawei Technologies is positioning itself to get more business in Ethiopia, as the East African economy opens up its telecommunications sector.
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IMF finishes 1st review approving $1.67bn for Egypt
The International Monetary Fund completed the first review of Egypt’s reform programme paving the way for the North African country to draw $1.67 billion under a stand by arrangement (SBA).
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IFC, AmCham Egypt ink agreement to enhance opportunities for women in workplaces
International Finance Corporation (IFC), a sister organisation of the World Bank, signed a partnership agreement with the American Chamber of Commerce in Egypt (AmCham) that aims to help Egyptian…
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Egypt aims to get World Bank’s DPF facility for development plans, structural reforms
The World Bank (WB) is eyeing further cooperation on development programmes with its strategic partner Egypt, said WB Country Director for Egypt, Yemen and Djibouti Marina Wes.
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Egypt’s diversified economy supports B2 credit rating – Moody’s
Egypt’s economic strength has supported its B2 issuer credit rating by Moody’s Investors Service.
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Egypt’s MSMEDA finances small, micro-enterprises in Qena with EGP 37m during November
The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) financed 539 micro- and small-sized enterprises with a total value of 36.88 million Egyptian pounds in November, the…
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Kenya, United Kingdom sign trade agreement
Kenya and the United Kingdom on Tuesday formally signed a trade agreement in London.
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