News & Events
28/05/2009 - Mandla Gantsho, Vice President in charge of Infrastructure, Private Sector and Regional Integration and H.E. Ahmed Ismail, Ambassador of Arabic Republic of Egypt in Tunisia, signed today a loan agreement for up to USD 40 million to finance the Franchising Sector Support Program in Egypt.
Categories: Egypt, Private Sector Development
16/03/2009 - Tunis, 15 March 2009 - The African Development Bank (AfDB) Group affirmed its support to a major power project in Egypt on Sunday, 15 March 2009 in Cairo, with the signing of a US$ 450 million loan agreement for the construction of a 1300 MW (2x650 MW) steam turbine power plant near Ain Sokhna seaport on the Gulf of Suez.
Categories: Egypt, Energy & Power
26/02/2009 - The Board of Directors of the African Development Bank Group has approved a US$ 40-million loan to finance a Franchising Sector Support Program (FSSP) in Egypt. The Program seeks to promote franchising in Egypt as an effective business strategy for private sector development and SME growth.
Categories: Egypt, Private Sector Development, Enhancing Private Sector Assistance for Africa: EPSA Initiative
18/12/2008 - The AfDB Compliance Review and Mediation Unit (CRMU) co-organized a civil society seminar with the Egypt Field Office and Better Life Association for Comprehensive Development (BLACD), a community-based organization based in the province of Minia in Egypt, on December 17-18, 2008 in Cairo.
Categories: Egypt, Independent Review Mechanism
02/07/2008 - "This report is designed for Africans. We have to do all in our power to help African countries reach the MDGs," Bank Group President, Donald Kaberuka, said during the presentation of a UN steering committee for Africa report on MDGs.
Categories: Egypt, Millennium Development Goals (MDGs), President's Corner
01/07/2008 - The African Development Bank (AfDB) Group President, Donald Kaberuka, on Monday, June 30, 2008, said that «the AfDB looks forward to efficiently contributing to efforts aimed at overcoming the water and sanitation challenge faced by African countries." Mr. Kaberuka made the remark while addressing some fifty African heads of state and government during the eleventh summit of the African Union in Sharm El Sheikh, Egypt. The summit was held on the theme: "Meeting the Millennium Development Goals on Water and Sanitation."
Categories: Egypt, Millennium Development Goals (MDGs), African Water Facility, Water Supply & Sanitation, President's Corner
05/12/2007 - The Board of Directors of the AfDB Group approved a USD 150 million loan to finance the Damietta container terminal situated on Egypt’s Mediterranean coast.
14/11/2007 - The Boards of Directors of the African Development Bank (AfDB) Group approved today in Tunis, loans amounting US$ 334.27 million to finance energy and financial management support projects in Egypt and Angola. The Bank approved US$325 million for Egypt and US$ 9.27 million for Angola.
Categories: Egypt, Angola, Energy & Power, Economic & Financial Governance
14/11/2007 - In line with its increasing focus on infrastructure development, the AfDB will support Egypt’s Abu Qir 1300 MW Steam Power Project following the approval of a loan of US$325 million by the Bank’s Board of Directors.
Categories: Egypt, Energy & Power
Egypt - AfDB Supports Financial Reform Programme. Board Approves US$ 500 Million Budget Support Loan
26/07/2006 - The AfDB will support comprehensive structural and financial reforms initiated by the government of Egypt with a loan of US$ 500 million approved by the Board of Directors of the Bank.
Categories: Egypt, Economic & Financial Governance
