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African Development Bank

African Development Bank provided $1.4B across Egypt’s public, private sectors since 2022

The funding includes six initiatives aimed at enhancing the private sector, she explained during the opening of a mid-term evaluation workshop for the joint country strategy for development cooperation between Egypt and the AfDB, covering the years 2022-2026.

Egypt plays pivotal role in promoting regional integration, trade in Africa | AfDB Envoy

According to a ministry statement, the discussion centered on the longstanding partnership between Egypt and the AfDB, which dates back to 1974

CBE Governor delivers closing statement at AfDB’s 2024 annual meetings

Abdallah, who is also Egypt’s governor at the AfDB, headed a high-level delegation of Egyptian officials at the meetings, including Dr. Rania Al-Mashat, Minister of International Cooperation, and Mr. Tarek El-Khouly, Deputy Governor of the CBE

REPORT | Unlocking Egypt's Startup Potential: Overcoming Legal Hurdles to Attract Investment

New study underscores the need for legal reforms to encourage local startup investment.,

AfDB lowers expectations for Egyptian growth for 2024 to 3.7%

Egypt’s economic growth is expected to slightly narrow in 2024, according to the African Development Bank (AfDB), dropping from an estimated 4% in 2023 to 3.7% in 2024