Global Trade Alert
Global Trade Alert

Egypt: Afreximbank provides a USD 170 million loan to Orascom Investment Holding to support its investments in Africa

Announcement

17 Jan 2019

On 17 January 2019, the African Export-Import Bank (Afreximbank) signed a USD 170 million facility agreement as a loan to Orascom Investment Holding (OIH) to promote its expansion in Africa as well as to support its targeted investments in companies across Africa.  

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Jan 2019

Revocation date:

No revocation date

Updated: 17 Jan 2019
State loan In force

On 17 January 2019, the African Export-Import Bank (Afreximbank) signed a USD 170 million facility agreement as a loan to Orascom Investment Holding (OIH).

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