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Egypt secures $1 billion World Bank reform support
Business

Egypt secures $1 billion World Bank reform support

egyptezine.com
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing...
European Commission, World Bank align for Africa’s power future
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European Commission, World Bank align for Africa’s power future

egyptezine.com
The European Commission and the World Bank Group have announced a strategic partnership to accelerate energy access in Africa, aligning their respective initiatives to drive renewable energy deployment across the continent. European Commission President Ursula...
IFC allocates 40% of $56B to climate initiatives in 2024
Business

IFC allocates 40% of $56B to climate initiatives in 2024

egyptezine.com
MENA Newswire News Desk: The International Finance Corporation (IFC), a member of the World Bank Group, achieved record-breaking financing of $56 billion during the fiscal year ending June 30, 2024. Of this total, 40% was...