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AfDB funds 3rd phase of Egypt’s Gabal El Asfar water treatment plant with €110M

The UK government will provide a credit guarantee to cover part of the €80 million financing offered by AfDB.

Updated 5/28/2023 9:20:00 AM
AfDB approves $345M in partial credit guarantees to boost green initiatives’ funding in Egypt

The African Development Bank Group’s (AfDB) board has approved a partial credit guarantee of $345 million equivalent in Chinese Renminbi to Egypt to finance green and social projects.

Updated 5/22/2023 10:02:00 AM
CBE completes preparations for hosting AfDB Annual Meetings 2023

To be held under the theme of Mobilizing Private Sector Financing for Climate and Green Growth in Africa, the meetings will take place in Sharm El Sheikh with the participation of 81 regional and non-regional member countries of the AfDB, central banks’ governors, finance ministers, senior officials from the private sector, and academics.

Updated 5/21/2023 11:20:00 AM