The Central Bank of Egypt (CBE) has officially joined the Pan-African Payment and Settlement System (PAPSS), a move aimed at enhancing intra-African trade and reducing dependence on foreign currencies.

Elsewedy University of Technology (SUT), the first polytechnic university in Egypt, has partnered with major companies at an event titled "Partnerships Day" on the university campus.

African Export-Import Bank (Afreximbank) is set to allocate an additional $3.2 billion in financing to Egyptian banks and businesses, aiming to bring total facilities to them to a total of $5 billion by year-end.

The African Export-Import Bank (Afreximbank) has been the Joint Global Coordinator for the Arab Bank for Economic Development in Africa's (BADEA) first three-year €500 million RegS-only senior unsecured social bond issuance.

African Export-Import Bank (Afreximbank) has penned a contract with the Administrative Capital for Urban Development (ACUD) to establish its headquarters in the New Administrative Capital.

African Export-Import Bank (Afreximbank) has approved a $400 million loan to finance a phosphatic fertilizers project in Egypt.

The African Export-Import Bank (Afreximbank) is in talks with the Central Bank of Egypt (CBE) and several commercial banks to activate Egypt’s accession to Afreximbank’s Pan-African Payment and Settlement System (PAPSS) in the second half (H2) of 2023.

Egyptian Minister of Finance Mohamed Maait called for developing a more resilient “African financial structure” to flexibly deal with external shocks and development financing challenges.

Egypt is currently coordinating with the African Export-Import Bank (Afreximbank) to host the third edition of the Intra-African Trade Fair (IATF) in November.

Egypt-based CIAF Leasing has secured has secured $44 million in financing from the African Export-Import Bank (Afreximbank) for the acquisition of three E-190 aircraft to boost the company’s leasing operations.

Egypt is currently coordinating with African Export-Import Bank (Afreximbank) to host the third edition of Intra-African Trade Fair (IATF2023) in November.