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EBRD supports Egypt’s green economy with $100m loan to Banque Misr for on-lending to local SMEs
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs).
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Africa needs 20 to $50bn annually to meet its climate targets: Egypt’s Environment Ministe
Minister of Environment Yasmine Fouad said that African countries need funding estimated at about 20 to $50bn annually in order to be able to work on the 1.5° Celsius scenario.
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Egypt’s annual inflation rate rises in August – CAPMAS
Egypt's annual inflation rate registered 15.30% in August 2022, compared to 6.40% in the same month in 2021.
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Crédit Agricole France raises shareholding in Egypt branch
Crédit Agricole France has purchased 60 million shares in Crédit Agricole Egypt on 8 September 2022.
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Egypt increases customs exchange rate again
The Customs Authority yesterday raised the USD customs exchange rate to EGP 18.65 from EGP 17.00 in May, it said in a statement.
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AfCFTA should to be given more support at COP27: Afreximbank chair
President and Chairperson of the African Export-Import Bank (Afreximbank), Benedict Okey Oramah, emphasized that the African Continental Free Trade Area (AfCFTA) is a key solution that helps Africa…
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Egypt-ICF 2022 kicks off 60 days Ahead of COP27
The second edition of Egypt-ICF 2022 and the Meeting of African Ministers of Finance, Economy and Environment for COP27, kicked off on Wednesday at the New Administrative Capital. Egypt ICF200 is…
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Afreximbank, UN World Food Programme Egypt discuss cooperation, food security
Afreximbank and the United Nations World Food Programme (WFP Egypt) have discussed cooperation in Smart Agriculture, Green Energy, Value Chain, Financial Inclusion and Impact Investment.
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Egypt unveils regulations governing reduced customs tariffs
Egypt decided to set new regulations governing customs duties that were reduced on 150 types of imported production inputs in a bid to stimulate national industry and maintain employment rates,…
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Egypt to establish pre-IPO fund – Minister
Egypt has set up a pre-IPO fund, with the aim of holding public stakes and working with strategic investors ahead of public offerings, Egypt’s Minister of Planning and Economic Development, Hala…
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