The International Finance Corporation (IFC), the World Bank’s private investment arm, plans to fund $1.9 billion worth …
International Finance Corporation (IFC)
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Morocco’s Tanger-Med plans $714 mln-expansion
by Sama Mousaby Sama MousaMorocco’s largest seaport, Tanger-Med, is planning an expansion worth €650 million ($714 million), Asharq Business reported on …
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Egypt announces sale of $5.6 billion worth of state-owned assets
Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion …
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IFC official sees Egypt’s first pound bond launch in 2024
Egypt is expected to issued its first Egyptian pound-dominated bond on the international market within 2024, said …
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Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
by Nada Aliby Nada AliThe International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
IFC, Banque Misr partner for bigger access to finance for Egypt women-led MSMEs
by Yomna Yasserby Yomna YasserWorld Bank’s International Finance Corporation (IFC) announced on Sunday a partnership with Egypt’s Banque Misr to increase …
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IFC approves $25mln grant to boost Egypt’s green steel production
by Nada Aliby Nada AliThe International Finance Corporation (IFC) has approved a $25 million loan to Egyptian steel production firm Kandil …
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IFC, OCP Group launch $800m agri-finance platform
by Nada Aliby Nada AliThe International Finance Corporation (IFC) and Moroccan fertilizer giant, Office Chérifien des Phosphates (OCP Group) launched an …
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Egypt NewsIndustry & TradeInternational NewsNewsTech/AI
IFC plans to provide $175mln loan to SCCT
by Sama Mousaby Sama MousaThe International Financial Corporation (IFC) is planning on providing the Suez Canal Container Terminal (SCCT) with a …
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Egypt NewsIndustry & TradeNewsTech/AI
Edita discloses $45mln loan from IFC
by Sama Mousaby Sama MousaEdita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International Finance …