Latest News Egypt
Maritime transport
26/01/2024 at 18h51, by Africa Business+
China’s Hutchison Ports inaugurates Egyptian container terminal
Africa Business+ reports.
Development Bank
18/01/2024 at 15h30, by Africa Business+
Hassan Alam: EBRD to support megapark wind project led by ACWA Power
The pan-European financial institution will provide capital to the Netherlands-based subsidiary of the...
Development Bank
22/12/2023 at 14h38, by Africa Business+
After CIB and aiBANK, pan-European institution now backs National Bank of Egypt
The country’s leading financial operator is securing loans from the EBRD at a tense time for the Egyptian...
Agribusiness
13/12/2023 at 17h48, by Africa Business+
EFG Hermes’ bridgehead in retail banking, aiBANK, receives EBRD support
The bank, privatised at the end of 2021, will benefit from €35 million in loans.
Private Equity
12/12/2023 at 16h52, by Aurelie Benoit
Emad Barsoum prepares for a busy first half at Ezdehar in 2024
After two difficult years, the managing partner of Ezdehar Management, an asset manager dedicated to...
Renewable energies
04/12/2023 at 15h05, by Africa Business+
Egypt: Americans reach into their wallets for AMEA Power projects
Amid COP28, which is taking place in its stronghold of Dubai, the Emirati company specialising in renewable...
Bank & Insurance
23/11/2023 at 18h37, by Pierre-Olivier Rouaud
Guido Clary appointed head of EIB regional office in Cairo
Formerly based in Slovenia, he will coordinate the European financial institution’s six offices in North...
Commercial banking
17/11/2023 at 20h13, by Africa Business+
Egypt’s Commercial International Bank seeks EBRD for $150 million
The international donor has just awarded Egypt’s third-largest bank, CIB, $150 million.
Bank
27/10/2023 at 16h55, by Africa Business+
Banque du Caire returns to the EBRD amid currency stress
The European financial institution is backing the financial group and three other Egyptian banks in...
Energy
13/10/2023 at 14h44, by Africa Business+
EBRD supports Egyptian high-voltage network as part of NWFE mega-plan
The project also benefits from a grant from the European Union against a backdrop of budgetary tensions...
Mines
02/10/2023 at 13h59, by Africa Business+
La Mancha Fund founder Naguib Sawiris still interested in Appian’s nickel assets despite ACG takeover failure
The aborted deal, proposed last June, would have seen the consortium comprising La Mancha Resource Fund,...
Maritime transport
29/09/2023 at 17h16, by Africa Business+
APM Terminals obtains $175m from IFC for Port Said terminal extension
This project, estimated at $489 million, is being carried out with the Chinese company Cosco and other...
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