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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,
Africa Business Communities
Egypt Secures US$250 Million Boost for Economic Resilience from Africa Finance Corporation (AFC) and the International Islamic Trade Finance Corporation (ITFC)
Chicago wheat futures climbed on Thursday after a vessel hit a mine in the Black Sea, an incident that underscores the continuing security risks along the key global grain trade shipping route. ... -December 28, 2023 at 12:13 pm EST - MarketScreener