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Egypt Secures $250 Million Economic Booster Loan from AFC and ITFC

In a pivotal move, Egypt has secured a commercial loan amounting to USD 250 million (EGP 7.7 billion) through collaboration with the African Finance Corporation (AFC) and the International Islamic Trade Finance Corporation (ITFC), Ahram Online reported on 16 January. “​​This transaction underscores AFC's commitment to drive Africa's transformation by fostering local manufacturing, value creation, ....

Samaila Zubairu , African Finance Corporation , Petroleum Authority , International Islamic Trade Finance Corporation , Authority For Supply Commodities , Ahram Online , Egyptian General Petroleum Authority , General Authority , Supply Commodities , Afc Itfc Loan , Egypt 2030 , Egypt Loan , Egypt Vision 2030 , General Authority For Supply Commodities , General Petroleum Authority , Middle East , Samalia Zubairu , Vision 2030 ,

Egypt signs $1.5 bln financing agreement with ITFC: Report

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation (ITFC) to fund its trade needs, including for ....

Saudi Arabia , International Islamic Trade Finance Corporation ,