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Egypt, AFDB discuss $3bn cooperation planEgypt’s Ministry of Investment and International Cooperation recently met with the African Development Bank (AFDB) in Cairo to discuss the $3 billion strategy of cooperation between Egypt and the AFDB planned for 2015-2019. More… |
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$200m AfDB loan for Morocco industrial schemeThe African Development Bank (AfDB), a regional multilateral development bank, recently approved a $200 million loan for Morocco to finance the first phase of the Support Program for the Acceleration of Industrialization in Morocco (PAAIM I), sa More… |
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Egypt to set up cross-continent shipping lineEgypt has signed a grant agreement with the African Development Bank (AfDB) worth $650,000 in order to finance the feasibility studies for the establishment of a cross-continent shipping line, a report said. Egypt’s Ministry More… |
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AfDB approves $150m credit for AfreximbankThe African Development Bank (AfDB) has approved a $150 million line of credit for Afreximbank, the Tunis-based AfDB said in a statement. 'This line of credit will be used to finance trade and trade-related projects across the part More… |
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Egypt oil refiner secures $225m AfDB loanThe African Development Bank (AfDB) has lent $225 million to the Egyptian Refining Company (ERC), owned 85 per cent by private investment firm Citadel Capital, the bank said. Two loans approved by the AfDB will enable the ERC to buil More… |
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AfDB adds $1bn in loans for Africa food crisisThe African Development Bank (AfDB), the only multilateral development body specifically devoted to Africa, will add $1 billion to its portfolio of agricultural loans to help address the food crisis in African countries, the bank said in a stateme More… |
