Latest in Tag: AFD Highlight
Latest in Tag: AFD
They emphasized that the EU and AFD are strategic partners to Egypt and supporters of development efforts in all the governorates, particularly, sustainable development endeavors in underdeveloped areas.
The funds come as part of Egyptian President Abdel Fattah El-Sisi’s activities during his recent visit to France, where he held discussions with his French counterpart Emmanuel Macron on various forms of bilateral cooperation.
Chairperson of the NBE, Hisham Okasha, said that the new agreement will allow directing finance and support to the projects compatible with SDGs
The agreement was signed in the presence of Egypt’s Minister of Transportation Kamel El-Wazir and France’s Minister of Transport Jean-Baptiste Djebbari,.
PDBs will gather for first time on 12 November at Paris Finance in Common Summit to design new forms of prosperity that put people, planet first
French investments will support economic development and job creation
The new projects are part of the Unplanned Areas Upgrading Program implemented by the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) in Ard El Lewa area in Giza.
The AFD has made a €500,000 grant available as part of the financing programme, with which it will carry out a technical assistance programme supporting the Afreximbank in developing the sustainable finance strategy.
The project is part of the urban development and infrastructure programme implemented by the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) in Giza Governorate’s Ard Al-Liwa area. The EU and AFD delegation were accompanied on the visit by a group of MSMEDA officials.
Agreement provides finance for technical assistance needed to reform Egypt’s energy sector
Funding will go to purchasing medical equipment, protection and prevention tools to combat pandemic, says Al-Mashat
Egypt and Germany’s cooperation portfolio has now reached about €1.7 bn, says Al-Mashat
Technical cooperation is presented though all of our financial operations, says Grazi
CCFE’s president met Minister of Youth and Sports to boost cooperation
French agency to lend Ministry of Transportation €140m, according to sources
Egypt’s Transport Minister calls on French companies to increase their investments
Investments mainly for infrastructure, social cohesion, integration with Africa, says Fabio Grazi
Country’s reforms encourage agency to finance new projects in Egypt, says deputy CEO at AFD
11 French firms’ delegation visits Cairo, New Administrative Capital
The new project will cost €360m and serve 100 million passengers annually
The finances are programmes that support the country’s deficit for sectors of energy, sanitation, and healthcare
The list includes Orascom, Infinity, and Shanghai Electric
System implementation to provide citizens with high quality health services, abiding by international standards
Over 75% of homes in Egypt currently depend on LPG cylinder distribution
The project is expected to benefit more than 400 agricultural SMEs and to create 20,000 direct and indirect jobs
Grant to support part of the Ministry of Petroleum’s mega project of delivering natural gas to approximately 1.2m households during current FY
CIB and AFD aim to finance and promote climate and environment benefiting private investments.
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects
Natural gas delivered to approximately 6.9m residential units from programme’s start until end of FY 2014/2015
Volume of France’s investments in Egypt stands at approximately €7bn