The package includes a $200 million credit guarantee provided by the United Kingdom government.
The financing is distributed across various activities: equity issuances accounted for EGP 17.6 billion, while other securities issues totaled around EGP 0.5 billion.
Leading the way, the financial market took the top spot, with stock issuances valued at around EGP 97 billion in the second quarter.
The Africa50 Fund is geared towards investing in infrastructure, concentrating on areas like energy, transport, information technology, and water.
The agreement stipulates to support Egypt’s efforts in economically empowering women and enhancing their access to financing, as well as to close gender gaps in remuneration and investment.
