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Financing

FRA mandates instant credit data linkage for consumer, SME financing firms

The measures aim to strengthen oversight of financing procedures across all stages of the lending cycle.

Egypt secures $1B World Bank financing package backed by UK guarantee to support reforms and green growth

The package includes a $200 million credit guarantee provided by the United Kingdom government.

Egypt’s non-banking & capital market financing hits EGP 65.6B in January

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.

FRA oversight entities provide EGP 200B in financing in Q2 2023

Leading the way, the financial market took the top spot, with stock issuances valued at around EGP 97 billion in the second quarter.

Egypt joins Africa50 initiative for infrastructure development and financing

The Africa50 Fund is geared towards investing in infrastructure, concentrating on areas like energy, transport, information technology, and water.