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AFD’s Proparco invests $11m in Egypt-focused LCP Fund II
French investments will support economic development and job creation
French parliamentary delegation visits infrastructure projects in Egypt
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.
AFD, AfreximBank sign €150m sustainable, climate finance agreement
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.
EU, AFD inspect Giza slum development project
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.
Egypt, AFD sign €151m grant agreement to support energy sector
Agreement provides finance for technical assistance needed to reform Egypt’s energy sector
AFD allocates €15m to support Egypt’s COVID-19 fight
Funding will go to purchasing medical equipment, protection and prevention tools to combat pandemic, says Al-Mashat
Egypt, AFD sign €50m agreement for Cairo Metro’s Line 1 renovation
Egypt and Germany’s cooperation portfolio has now reached about €1.7 bn, says Al-Mashat
AFD’s future strategy in Egypt to be implemented with particular attention to the Paris Agreement
Technical cooperation is presented though all of our financial operations, says Grazi
AFD’s current portfolio with Egypt includes 17 projects
CCFE’s president met Minister of Youth and Sports to boost cooperation
Egypt to implement seven new projects with AFD
French agency to lend Ministry of Transportation €140m, according to sources
AFD expected to finance Alexandria tramway by €100m: French ambassador
Egypt’s Transport Minister calls on French companies to increase their investments
AFD allocates €1bn for Egypt during next 5 years
Investments mainly for infrastructure, social cohesion, integration with Africa, says Fabio Grazi
MIIC, AFD agree on new strategy prioritising Egyptians, economic programme
Country’s reforms encourage agency to finance new projects in Egypt, says deputy CEO at AFD
AFD, Egypt’s government discuss five-year strategy funds
11 French firms’ delegation visits Cairo, New Administrative Capital
€100m French finance facility to develop El-Raml tram
The new project will cost €360m and serve 100 million passengers annually
Nasr signs 4 agreements with AFD worth €259m
The finances are programmes that support the country’s deficit for sectors of energy, sanitation, and healthcare
33 companies present their bids for Kom Ombo 20 MW solar plant
The list includes Orascom, Infinity, and Shanghai Electric
Government visits Paris to discuss social health insurance system: Ministry of Finance
System implementation to provide citizens with high quality health services, abiding by international standards
€68m French grant to provide natural gas to 2.4m Egyptian households
Over 75% of homes in Egypt currently depend on LPG cylinder distribution
€22m grant agreement from EU to agricultural SMEs
The project is expected to benefit more than 400 agricultural SMEs and to create 20,000 direct and indirect jobs
EU grants €68m for natural gas delivery to low-income Egyptian households
Grant to support part of the Ministry of Petroleum’s mega project of delivering natural gas to approximately 1.2m households during current FY
Letter of intent for €80m signed by CIB, French Development Agency Group
CIB and AFD aim to finance and promote climate and environment benefiting private investments.
Newly appointed international cooperation minister to attend WB meetings
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects
Petroleum Ministry to supply 1.2m residential units with natural gas this FY
Natural gas delivered to approximately 6.9m residential units from programme’s start until end of FY 2014/2015
Egypt, France 2014 trade exchange valued at $2.6m
Volume of France’s investments in Egypt stands at approximately €7bn
International financing institutions strong backers of Egypt
International financing institutions confirm attendance to Egypt’s Economic Summit this month
France to support €80m employment project
The project, overseen by the Ministry of Planning, seeks to improve living conditions in disadvantaged neighbourhoods
EU and Ministry of International Cooperation sign agreement
EU and Egypt cooperate in launching new wastewater project and sign new agreement on agriculture SMEs.
AFD discusses funding third Cairo Metro line
The French development finance institution meets with transport minister to discuss further contributions to urban transport