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Africim Bank plans to inject $ 600 million into Egypt in the second half of 19659002 20:15
Saturday, July 14, 2018
Amr Kamel, vice president of the African Export and Import Bank, Africimim Bank, said the bank plans to inject new funds into Egyptian companies and banks between 500 and $ 600 million in the second half of the year. Kamel said that with these funds, total funding for Egypt will be $ 2.3 billion this year.
According to previous statements, Africimim Bank, the Board of Directors of the African Export and Import Bank, has decided to allocate $ 3 billion to the project. Egypt. Financing Egyptian Exports and Enterprises to Enter African Countries During
The Funds are intended to facilitate the credit operations of Egyptian companies to African countries in cooperation with Egyptian banks in the food, oil and communications sector .
Benedict confirms that the Bank approved the allocation of $ 25 billion to support intra-African trade until 2021 In accordance with the African Trade Strategy launched in 2016
Egypt , Nigeria and Tunisia have a significant share of funding to finance various sectors, including infrastructure, electricity, water and sanitation, as well as the food, oil and agricultural sectors. (function (d, s, id) {
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