foreign loans

Doctors Without Borders lose two staff in Burkina Faso

Two staff members of Doctors Without Borders (MSF) have been killed in the Boucle du Mouhoun region, in northwestern Burkina Faso – forcing the charity organization to suspend its medical activities in the region. The organization said in a statement that unidentified armed men attacked Wednesday one of its vehicles carrying a team of four […]

Egypt: Trade with Ethiopia aimed at $0.5bn

A strong Egyptian delegation, including several ministers, is in Ethiopia for a two-day working visit for the fifth session of the joint Egyptian-Ethiopian committee. The session seems to be focused on reinforcing bilateral and trade ties between the two countries despite their differences over the Renaissance Dam project. The visit is seen by Cairo as […]

Egypt Gets $ 200 Million EBRD Loan for Power Plant Project

The European Bank for Reconstruction and Development (EBRD) has approved a US$ 200 million loan for the construction of a new 1.8 GW combined cycle gas-fired power plant in Damanhour, north west of Cairo. This loan will contribute to funding the US$ 1.3 billion total project cost, which is also being supported by the European […]