Development partners

The European Union (EU) has provided Egypt with a grant of EUR 117.90 million to support the country’s water and energy sectors, the Minister of International Cooperation, Rania El-Mashat, announced.
Read More...

Infinity, an Egypt-based renewable energy company, and Africa Finance Corporation (AFC) will acquire Lekela Power, including its 1.8 GW pipeline of greenfield projects.
Read More...

The Board of Directors of the African Development Bank approved a development financing for Egypt worth $271m, within the framework of the rapid financing mechanism to face the repercussions of the…
Read More...

The European Investment Bank and Banque Misr formally agreed to strengthen cooperation to further strengthen support for SME lending and increase financing for companies in sectors most impacted by…
Read More...

EFG Hermes announced that its investment banking division successfully concluded advising Auf Group’s founders and Tanmiya Capital Ventures (TCV) on the entry into a strategic transaction concerning…
Read More...

Vice President of the European Investment Bank (EIB) Gelsomina Vigliotti visited Cairo to discuss with Egyptian officials areas of cooperation, follow up on ongoing projects, and discuss projects in…
Read More...

Although Egypt achieved significant real GDP growth thanks to its economic reform programme, the private sector’s potential to push development needs to be unblocked, according to a recent report…
Read More...

Prime Minister Mostafa Madbouli said Egypt looks forward to launching a regular maritime line between Egyptian and Algerian ports to boost trade.
Read More...

Egypt has expressed its keenness on sharing its development experience with Cote d’Ivoire as part of the Egyptian commitment to African progress, especially given Egypt's achievements in the last…
Read More...

A new Egyptian deal with the International Monetary Fund (IMF) could be under the Extended Fund Facility (EFF) for four years, Egypt’s Minister of Finance Mohamed Maait told Bloomberg TV.
Read More...