Egypt's government and IFC sign $100m agreements: $50m for private sector projects, $50m for trade financing.
Egypt's government and the International Finance Corporation (IFC) signed two agreements worth $100m, with $50m supporting micro, small, and medium private sector projects, particularly those owned by women, and $50m allocated for trade financing. This came during IFC Day in Egypt, attended by Egyptian Prime Minister Mostafa Madbouly and other government officials. IFC has provided $9bn in investments to Egypt's private sector since 2009, making Egypt one of the top countries where the IFC operates.
May 12, 2024
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