Home MoneyBanks Libra Capital signs EGP 200 million loan with AAIB

Libra Capital signs EGP 200 million loan with AAIB

by Amwal Al Ghad English
AAIB Libra

Libra Capital, part of Cairo-based infrastructure investment firm Enara Group, said on Wednesday it signed an agreement for a 200 million Egyptian pound ($12.7 million) long-term loan from the Arab African International Bank (AAIB).

The ten-year term loan will be used for financing Libra’s projects related to the development, construction, and operation of solar power plants, the company added in a statement.

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