IFC targets $1B investments in Egypt in 2024: Sylla

Updated 2/20/2024 10:32:00 AM
IFC targets $1B investments in Egypt in 2024: Sylla

Arab Finance: The International Finance Corporation (IFC) is targeting investing $1 billion in the Egyptian market in 2024, Al Borsa News reported, citing IFC’s Regional Director for North Africa Cheick-Oumar Sylla.

Sylla also announced that the IFC had invested $2 billion in climate-related projects in Egypt since 2017.

It is worth mentioning that the IFC awarded Grand Egyptian Museum (GEM) the EDGE Advanced Green Building Certification on February 19th.

 

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