Global Trade Alert
Global Trade Alert

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

Announcement

10 Nov 2022

On 10 November 2022, the African Development Bank approved a USD 100 million loan to Banque Misr to finance Egyptian firms participating in key sectors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Nov 2022

Revocation date:

No revocation date

Updated: 10 Nov 2022
Lending support In force

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 fina...

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