June 17, 2020/AfDB The Board of Directors of the African Development Bank (https://www.AfDB.org/) on Wednesday approved a 225 million euros loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding, provided in a challenging global context, will help meet the Government of Egypt’s financing requirements in the […]
Updates
EBRD and Oxfam to strengthen community resilience
June 17, 2020/EBRD By Nibal Zgheib The European Bank for Reconstruction and Development (EBRD) and Oxfam, one of the world’s leading charities, are joining forces to strengthen the communities where they work and to promote sustainable civil societies in light of the coronavirus pandemic. In a Memorandum of Understanding signed today by EBRD President […]
Inflation Rate Continues Upward Trend to 12.40% in May as Imported Food, Transport Costs Rise
June 17, 2020/Cowry Asset Report Freshly released inflation report by the National Bureau of Statistics showed a 12.40% rise in annual inflation rate for the month of May; higher than 12.34% printed in April, in line with our expectations… Click here to read full PDF copy of report
