April 06, 2021
Egypt: Egypt - The African Development Bank Extends €145 Million Loan to Bolster Railway Safety and Reliability
The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and performance upgrades to the country's rail system under… Read more »
March 05, 2021
Africa: Egypt - The African Development Bank Signs Agreements Worth €109 Million to Transform Sewage Coverage in Rural Areas
The African Development Bank Group has signed financing agreements of €109 million with the Government of Egypt to improve sanitation infrastructure and services for rural… Read more »
March 03, 2021
Egypt: Egypt - The African Development Bank Approves a Loan of Over $27 Million to Establish Kom Ombo Solar Power Plant
The African Development Bank's Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power… Read more »
July 14, 2020
Egypt: Africa Road Builders Babacar Ndiaye Trophy 2020 - Egyptian President to Receive Great Road Builder Award
Egyptian president Abdel Fattah Al-Sisi was awarded the Babacar Ndiaye Great Road Builder Award it was announced Monday, a distinction for heads of state whose countries initiate… Read more »
June 30, 2020
Egypt: In Egypt, Young Innovators Are Transforming Africa's Future
The sun has barely risen on the seaside village of Baltim, 200 km north of Cairo and twenty-year-old Read more »
June 18, 2020
Egypt: Infrastructure Fund Africa50 Helps Egypt's Solar Power Sector Take Off
Aerial view of the Benban solar power plant (credit: Scatec Solar) Read more »
June 17, 2020
Egypt: African Development Bank Approves 225 Million Euros Budget Support Loan for Electricity Sector to Bolster Economic Resilience and Sustainability Amid COVID-19
The Board of Directors of the African Development Bank on Wednesday approved a 225 million euros loan to finance Egypt's Electricity and Green Growth Support Program (EGGSP). The… Read more »
June 12, 2020
Egypt: Egyptian Refining Company Unlocks Industrial Potential and Uplifts Communities
Eyes glued to screens and flashing lights in the control room, Mohamed Said Amer, a 32-year-old operations field engineer at the Egyptian Refining Company (ERC), a greenfield… Read more »
May 27, 2020
Egypt: African Development Bank Approves Emergency Relief Aid to Tackle Food Insecurity for Vulnerable Workers Whose Livelihoods Are Impacted By COVID-19
The Board of Directors of the African Development Bank on 25 May, 2020 approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to… Read more »
April 30, 2020
Africa: Egypt's Gabal El-Asfar Wastewater Project - A Model for Sustainable Development
Bright sunshine has replaced the rosy light of dawn. But Abel Gaber has no time to admire the view of Cairo on this spring morning. Now in his fifties, the agronomic engineer is… Read more »
March 20, 2020
Egypt: The Furniture Industry Generates Jobs and Wealth in Damiette
As the early morning sun lights the roofs of Damiette, the Egyptian city's streets begin to come alive. Children are off to school, motorbikes fill the avenues, and shop doors… Read more »
February 18, 2020
Africa: African Development Bank Director Hanan Morsy Named One of Egypt's 50 Most Influential Women
The Director of Macroeconomic Policy, Forecasting and Research at the African Development Bank, Dr Hanan Morsy, has been named one of Egypt's 50 most influential women. Read more »
January 29, 2020
Egypt: African Development Bank Approves $22 Million to Expand Leasing Financing to Corporates and SMEs
The Board of Directors of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt's Corporate Leasing Company (Corplease) expand its operations… Read more »
December 17, 2019
Egypt: African Development Bank Board Approves €109 Million to Transform Sewage Coverage in Upper Egypt Rural Areas
The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants for rural… Read more »
August 06, 2019
Egypt: African Development Bank, African Export-Import Bank Roadshow Launches Preparations for 2nd Africa Investment Forum
The African Development Bank and the African Export-Import Bank (Afreximbank) held a roadshow in Cairo to launch preparations for the second Africa Investment Forum taking place in… Read more »
July 24, 2019
Egypt: Integrating Africa's financial markets - African Development Bank and Egypt's Stock Exchange hold investor roundtable for the African Domestic Bond Fund
The Egyptian Exchange (EGX) and the African Development Bank have jointly organised an investor roundtable in Cairo to promote the African Domestic Bond Fund (ADBF), set up to… Read more »
March 21, 2019
Africa: Egypt's Stock Exchange Meets African Development Bank On Initiative to Integrate Africa's Capital Markets
The Egyptian Exchange (EGX) has received a mission from the African Development Bank in the wake of its membership of the African Exchanges Linkage Project (AELP), an initiative to… Read more »
March 15, 2019
Egypt: Turning Wastewater Into Wealth, the African Development Bank Promotes Green Technology, Climate Change Mitigation
Egypt is revolutionizing the nation's water delivery and mitigating the effects of climate change with innovative green technology and state-of-the-art sludge conversion plants.… Read more »
March 14, 2019
Egypt: Egypt Affirms Support for the African Development Bank, Regional Integration Agenda
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening regional integration, the country's Prime… Read more »
March 04, 2019
Egypt: African Development Bank in Dialogue With Egyptian Government
Meeting between Egyptian President Abdel Fattah El-Sisi (centre), African Development Bank President Akinwumi A. Adesina (second from left), and Vice-President Khaled Sherif (far… Read more »
February 21, 2019
Egypt: Egyptian Ministers See Strong Partnership With African Development Bank As a Catalyst for Youth Entrepreneurship in Egypt
Signing of a EUR 4 million grant and dissemination of Egypt Results Brief Read more »
December 20, 2018
Egypt: President El-Sisi Inaugurates Bank-Supported Wastewater Treatment Plant
Egypt's President Abdel-Fattah El-Sisi on Saturday, 15 December 2018 inaugurated the El-Gabal El-Asfar wastewater treatment plant (Phase II - Stage II) in Cairo, with a delegation… Read more »
December 10, 2018
Africa: African Development Bank Lauds Egypt's Economic Rebound, Partnerships, At Africa 2018 Forum
African Development Bank President Akinwumi Adesina has saluted Egypt's strong macroeconomic performance, its improved ranking in the 'Doing Business Index,' and the success of… Read more »
Egypt: African Development Bank Delivers Strong Development Results in Egypt
Egypt regains position as first destination for foreign direct investment (FDI) in Africa, new African Development Bank's Country Results Brief confirms. Read more »
December 11, 2018
Africa: African Development Bank Team to Showcase Bank's Operations At Intra-African Trade Fair in Cairo, Egypt
A delegation from the African development Bank will participate in the Intra-African Trade Fair (IATF), which will hold in Cairo, 11-18 December 2018, as co-sponsor of the event. Read more »
