Global Trade Alert
Global Trade Alert

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Egypt: Approval of USD 160 million African Development Bank loan for Egyptian firms

Description

On 10 November 2022, the African Development Bank (AfDB) announced the approval of a USD 160 million loan agreement with Banque Misr, an Egyptian commercial bank. The purpose of the loan is to finance...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Nov 2022

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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