IFC and EF-MSME signs funding agreement

IFC and EF-MSME signs funding agreement

IFC and EF-MSME signs funding agreement The International Finance Corporation (IFC) and the Egyptian Federation for Medium, Small and Micro Enterprise Finance are partnering to improve access to finance for 41 microfinance institutions in Egypt. The new programme...
Egypt has more than $6 billion of tourism-related projects

Egypt has more than $6 billion of tourism-related projects

Egypt has more than $6 billion of tourism-related projects COVID-19 has decimated Egypt’s tourism industry. More than 11 million tourists visited in 2018. There are currently more than $6 billion of active projects in the tourism and leisure sector....
Egypt’s population to reach 123 million by 2030

Egypt’s population to reach 123 million by 2030

Egypt’s population has already touched 100 million. The government is taking extra measures to slow down the accelerating growth rate, but the population will continue to grow. With the help of ABiQ’s forecasting tool, we can confidently predict that Egypt’s...
Egypt to supply 60 MW of electricity to Sudan

Egypt to supply 60 MW of electricity to Sudan

Over the next decade, ABiQ predicts that Sudan will need an additional 400 MW of electricity to maintain the current access for its ever-growing population.  An agreement with Egypt will see Sudan benefit from an additional 60 MW through the connection of the two...