The International Finance Corporation (IFC) and Attijariwafa Bank Egypt launched a $10 million local-currency risk-sharing facility to support financing for small and medium-sized enterprises (SMEs) and boost job creation.
Updated 11/5/2025 6:45:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib and Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat met with International Finance Corporation (IFC) CEO Makhtar Diop to discuss expanding cooperation in private sector financing and implementing Egypt’s State Ownership Policy Document, as per a statement.
Updated 10/19/2025 1:44:00 AM
Egypt and the International Finance Corporation (IFC) are mulling over cooperation opportunities to finance energy and mining projects in the country.
Updated 7/20/2025 7:04:00 AMPresident Abdel Fattah El-Sisi directed proceeding with the development of airports to offer Hurghada Airport for public-private partnerships (PPP)by the end of 2025, Spokesman for the Presidency
Updated 6/29/2025 6:09:00 AM
The International Finance Corporation (IFC) has announced a $72 million investment to support Egypt’s first utility-scale battery energy storage system (BESS), in partnership with AMEA Power and the Egyptian government, marking a major milestone in the country’s transition to clean energy.
Updated 6/16/2025 7:56:00 AM
Minister of Investment and Foreign Trade Hassan El Khatib met with a high-level delegation from the International Finance Corporation (IFC) led by Managing Director Makhtar Diop to discuss expanding cooperation and supporting Egypt’s economic development priorities.
Updated 6/16/2025 7:34:00 AM
Managing Director of the International Finance Corporation (IFC) Makhtar Diop will visit Egypt from June 15th to 16th to reaffirm the institution’s commitment to supporting the country’s economic development by enhancing private sector participation.
Updated 6/15/2025 9:50:00 AM
Prime Minister Mostafa Madbouly met with Makhtar Diop, CEO of the International Finance Corporation (IFC), and his accompanying delegation to discuss ongoing cooperation and explore new opportunities for private sector engagement, particularly in the management and operation of Egyptian airports.
Updated 6/15/2025 2:48:00 AMThe International Finance Corporation’s (IFC) investment portfolio in Egypt stands at nearly $2.4 billion as of March 2025, in addition to a technical support and advisory portfolio worth $25.7 million
Updated 4/22/2025 1:44:00 AM
The International Finance Corporation (IFC) penned an agreement with Egypt’s Ministry of Civil Aviation to advise on introducing public-private partnerships (PPP) in 11 airports across Egypt to improve infrastructure, connectivity, and passenger services.
Updated 3/25/2025 8:14:00 AM
International Finance Corporation (IFC) and Attijariwafa bank Egypt (AWB Egypt) have partnered to strengthen the bank’s capital position and expand its support for small and medium-sized enterprises (SMEs) and climate finance in Egypt.
Updated 2/24/2025 3:10:00 AM
The International Finance Corporation (IFC) is considering an equity investment of up to $6 million in Africa Seed Fund Co?peratief U.A. (Flat6Labs Africa) through its Startup Catalyst Program.
Updated 2/2/2025 9:45:00 AM
Arab African International Bank (AAIB) has issued a $500 million sustainability bond, with investments from the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII).
Updated 11/25/2024 3:10:00 AM
The International Finance Corporation (IFC) is supporting Orascom Development Egypt (ODE) with a sustainability-linked loan (SLL) of $155 million to enhance energy and water efficiency and reduce greenhouse gas (GHG) emissions in hotels in El Gouna on the Red Sea.
Updated 11/25/2024 2:18:00 AM
The Commercial International Bank - Egypt (CIB) has signed a $150 million concessional development financing agreement with the International Finance Corporation (IFC) to support micro-, small-, and medium-sized enterprises (MSMEs).
Updated 11/25/2024 2:06:00 AM
Vice President for Africa of the International Finance Corporation (IFC) Sérgio Pimenta is visiting Egypt on November 24th.
Updated 11/24/2024 12:49:00 PM
Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat held discussions with senior officials from the International Finance Corporation (IFC) to explore collaboration opportunities in mining and infrastructure development.
Updated 11/20/2024 8:50:00 AM
Minister of Petroleum and Mineral Resources Karim Badawi has discussed ways to enhance cooperation in Egypt’s energy and mining sectors with a delegation from the International Finance Corporation (IFC), a development arm of the World Bank.
Updated 11/18/2024 4:14:00 PM
The International Finance Corporation (IFC) has submitted a technical study and a proposed timeline to the Egyptian government to offer the management and operation of 20 airports, including four new ones, to the private sector.
Updated 10/16/2024 9:14:00 AM
Orascom Development Egypt (ODE) has signed an agreement with the International Finance Corporation (IFC) to secure a loan worth $155 million.
Updated 10/15/2024 10:49:00 AM