Latest in Tag: AFD Highlight
Latest in Tag: AFD

MSMEDA, EU, AFD cooperate to develop informal settlements
Gamea praised the continuous cooperation between MSMEDA and the Ministry of International Cooperation in concluding agreements with various donors and international agencies to implement development projects that serve the Egyptian society.

Egypt’s Environment Minister, AFD discuss bilateral cooperation ahead of COP 27
Meeting discussed cooperation in initiatives that will be announced during COP 27

International Cooperation Ministry, AFD launch new country strategy until 2025
The collective journey in creating the new country strategy witnessed an important dialogue process that began in 2019, which aimed to achieve the Egyptian government’s priorities to fast-track social and economic progress as well as adaptability and resilience.

Egypt, AFD discuss partnership strategy for 2021-2025
‘We aim to replicate Egypt’s development model in other African countries,’ says Christian Yoka

Environment Minister, AFD’s Africa Director discuss boosting bilateral cooperation
COP 27 will place Africa’s interests among priorities of conference

EU, AFD cooperate with MSMEDA on establishing potable water tank in Giza
They emphasized that the EU and AFD are strategic partners to Egypt and supporters of development efforts in all the governorates, particularly, sustainable development endeavors in underdeveloped areas.

AFD to provide €715.6m in funds to Egypt’s development projects
The funds come as part of Egyptian President Abdel Fattah El-Sisi’s activities during his recent visit to France, where he held discussions with his French counterpart Emmanuel Macron on various forms of bilateral cooperation.

NBE, AFD sign €100m credit facility agreement to finance climate conservation projects
Chairperson of the NBE, Hisham Okasha, said that the new agreement will allow directing finance and support to the projects compatible with SDGs

AFD, Egypt sign financing agreement for Cairo Metro Line 1 renovation
The agreement was signed in the presence of Egypt’s Minister of Transportation Kamel El-Wazir and France’s Minister of Transport Jean-Baptiste Djebbari,.

Afreximbank, AFD discuss opportunities for sustainable post-COVID-19 recovery
PDBs will gather for first time on 12 November at Paris Finance in Common Summit to design new forms of prosperity that put people, planet first

AFD’s Proparco invests $11m in Egypt-focused LCP Fund II
French investments will support economic development and job creation

French parliamentary delegation visits infrastructure projects in Egypt
The new projects are part of the Unplanned Areas Upgrading Program implemented by the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) in Ard El Lewa area in Giza.

AFD, AfreximBank sign €150m sustainable, climate finance agreement
The AFD has made a €500,000 grant available as part of the financing programme, with which it will carry out a technical assistance programme supporting the Afreximbank in developing the sustainable finance strategy.

EU, AFD inspect Giza slum development project
The project is part of the urban development and infrastructure programme implemented by the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) in Giza Governorate’s Ard Al-Liwa area. The EU and AFD delegation were accompanied on the visit by a group of MSMEDA officials.

Egypt, AFD sign €151m grant agreement to support energy sector
Agreement provides finance for technical assistance needed to reform Egypt’s energy sector

AFD allocates €15m to support Egypt’s COVID-19 fight
Funding will go to purchasing medical equipment, protection and prevention tools to combat pandemic, says Al-Mashat

Egypt, AFD sign €50m agreement for Cairo Metro’s Line 1 renovation
Egypt and Germany’s cooperation portfolio has now reached about €1.7 bn, says Al-Mashat

AFD’s future strategy in Egypt to be implemented with particular attention to the Paris Agreement
Technical cooperation is presented though all of our financial operations, says Grazi

AFD’s current portfolio with Egypt includes 17 projects
CCFE’s president met Minister of Youth and Sports to boost cooperation

Egypt to implement seven new projects with AFD
French agency to lend Ministry of Transportation €140m, according to sources

AFD expected to finance Alexandria tramway by €100m: French ambassador
Egypt’s Transport Minister calls on French companies to increase their investments

AFD allocates €1bn for Egypt during next 5 years
Investments mainly for infrastructure, social cohesion, integration with Africa, says Fabio Grazi

MIIC, AFD agree on new strategy prioritising Egyptians, economic programme
Country’s reforms encourage agency to finance new projects in Egypt, says deputy CEO at AFD

AFD, Egypt’s government discuss five-year strategy funds
11 French firms’ delegation visits Cairo, New Administrative Capital

€100m French finance facility to develop El-Raml tram
The new project will cost €360m and serve 100 million passengers annually

Nasr signs 4 agreements with AFD worth €259m
The finances are programmes that support the country’s deficit for sectors of energy, sanitation, and healthcare

33 companies present their bids for Kom Ombo 20 MW solar plant
The list includes Orascom, Infinity, and Shanghai Electric

Government visits Paris to discuss social health insurance system: Ministry of Finance
System implementation to provide citizens with high quality health services, abiding by international standards

€68m French grant to provide natural gas to 2.4m Egyptian households
Over 75% of homes in Egypt currently depend on LPG cylinder distribution

€22m grant agreement from EU to agricultural SMEs
The project is expected to benefit more than 400 agricultural SMEs and to create 20,000 direct and indirect jobs