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African Development Bank (Abidjan)

Support for Egypt's Women and Ongoing Economic Reforms

The African Development Bank (AfDB) recently presented a comprehensive study in Cairo, Egypt, on how North African countries can unleash hidden reserves to promote women's economic empowerment across the region. The Bank also recently approved 2nd Tranche of a U.S.$ 500 Million budget support loan to Egypt. More about the AfDB in this BRIEFING.

Photo: AfDB

$500 million loan agreement signed in Cairo in 2015 by the Egyptian Minister of International Cooperation, Sahar Nasr, and the AfDB Vice-President for Agriculture, Water, Human Development, Governance and Natural Resources, Aly Abou-Sabaa, in the presence of the Prime Minister of Egypt, Sherif Ismail.