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" International Finance Corporation"

33 results

Business - Economy
5/12/2024 3:15:53 PM
Banque du Caire and the International Finance Corporation (IFC), a member of the World Bank Group, signed on Sunday a financing agreement worth $100 million.

Business - Economy
4/28/2024 5:01:05 PM
The Sustainable Banking and Finance Network (SBFN) - an initiative of the International Finance Corporation (IFC) - has upgraded Egypt's classification from "Developing-Advancing" to "Advancing" in its performance assessment matrix, the Central Bank of Egypt (CBE) announced on Sunday.

Business - Economy
12/21/2023 4:04:45 PM
The Damietta Port Authority (DPA) and Damietta Alliance Container Terminals signed agreements with an international consortium led by HSBC Egypt and the International Finance Corporation (IFC) to facilitate providing $455 million to finance constructing the superstructure of the Second Container Terminal Tahya Misr 1 in Damietta Port.

Business - Economy
12/14/2023 3:14:17 PM
The International Finance Corporation (IFC), one of the financial arms of the World Bank Group, was appointed in June as a strategic advisor for the Egyptian government’s Initial Public Offering (IPO) to provide advisory services for Egypt's privatisation programme.

Business - Energy
9/25/2023 5:03:52 PM
The International Finance Corporation (IFC) has approved a $25 million loan to Kandil Steel company to support sustainable flat steel processing in Egypt and fund green projects, read an IFC statement on Monday.

Business - Economy
7/9/2023 5:42:53 PM
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC) to support its capital and fund green projects, according to a bourse statement on Sunday.

Business - Economy
5/29/2023 3:28:48 PM
Banque Misr will receive a $260 million loan from the World Bank's (WB) financial arm, the International Finance Corporation (IFC) over five years to support micro, small, and medium-sized enterprises (MSMEs).

Business - Economy
5/4/2023 12:54:39 PM
Egypt hosted on Wednesday the International Finance Corporation's (IFC) summit on Law and Gender Conference, with a focus on the interplay between the private sector and the judiciary in advancing women’s economic participation in the Middle East and North Africa (MENA).

Business - Economy
3/22/2023 3:54:35 PM
The International Finance Corporation (IFC), a World Bank Group (WBG) financing arm, said on Wednesday it will make an equity investment of up to €25 million in the Mediterrania Capital Partners’ Mediterrania MC IV fund, with the possibility of investing another €20 million later on.

Business - Economy
12/19/2022 3:25:39 PM
The Ready-Made Garment Chamber of the Federation of Egyptian Industries announced on Monday the signing of a cooperation protocol with the International Finance Corporation (IFC), a finance arm of the World Bank Group, that aims to develop Egypt’s technical and specialized textile supply chain.

Business - Economy
12/1/2022 12:11:03 PM
The International Finance Corporation (IFC), a financing arm of the World Bank Group, alongside UAE, Japanese, Dutch, and private sector commercial banking partners, announced on Wednesday a $1.1 billion financing package for Egypt, including debt and equity.

Business - Markets & Companies
4/11/2022 2:11:16 PM
The International Finance Corporation (IFC) — a World Bank Group member — is set to invest $15 million in the second fund from venture capital firm Algebra Ventures with the aim of supporting tech start-ups with access to finance and drive innovation and job creation primarily in Egypt.

Business - Markets & Companies
3/22/2022 2:46:24 PM
The International Finance Corporation (IFC) — a member of the World Bank Group — along with African and European partners launched on Tuesday the Alliance for Entrepreneurship in Africa (AforE).

Business - Markets & Companies
1/31/2022 4:40:17 PM
The International Finance Corporation (IFC), a World Bank body, is set to pump $20 million in investments in Egypt-based Ezdehar, a private equity fund manager focused on Egypt.

Arts & Culture - Screens
11/27/2021 1:06:33 PM
On November 17, the International Finance Corporation organized a virtual event dubbed “Up Next: Inside Africa’s creative industries,” to discuss the importance of investing in the continent’s creative economies.

Business - Economy
8/3/2021 8:35:18 PM
Sérgio Pimenta, IFC’s Vice President for Middle East and Africa, said that addressing climate change is a priority for IFC in Egypt as well as across the MENA

Business - Economy
6/22/2021 12:29:23 PM
The new blended finance facility targets unlocking and catalysing private sector financing for innovative and scalable investments that will create solutions to address economic and social challenges faced by FDPs

Opinion -
5/29/2021 9:40:00 AM
Outlining how desalination can help stave off Egypt’s looming water crisis

Business - Economy
5/19/2021 7:37:58 PM
The IFC will invest $1 billion in new direct financing for micro, small and medium-sized enterprises (MSMEs), the backbone of African economies, via mezzanine financing and risk-sharing instruments

Business - Economy
7/23/2020 9:11:43 PM
Egypt will be the first country in the Middle East and Africa to launch the ‘Closing the Gender Gap Accelerator’, a private-public platform for collaboration to reach gender parity

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