• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Egypt’s financing from development partners records $1.9 billion

4 years ago
in Economy, highlights, Home, home-news, latest News
1 min read
0 0
0
56
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Egypt’s private sector, in addition to multilateral and bilateral development partners, have offered development financings to the private sector worth $1.9 billion during the first half (H1) of 2021, according to a statement by the cabinet on June 30th.

A total of $300 million were allocated for the sectors of environment and energy.

Egypt’s Minister of International Cooperation Rania El-Mashat said that the International Finance Corporation (IFC) is Egypt’s partner in funding and developing the private sector, offering $1.27 billion for developing various sectors, such as infrastructure, education, health, and renewable energy.

At the signing ceremony of the issuance of the $100 million first green bonds in the MENA region to finance the private sector, El-Mashat noted that this issuance is the first of its kind private-led investment that contributes to boosting climate finance, pushing towards green transition.

Must Read: Aker Solutions eyes $807 million Chevron contract

She emphasised the importance of this issuance, marking the first private sector-led green bond issuance, which comes amidst the rapidly growing global ecosystem, estimated at more than $1 trillion.

El-Mashat further noted that the investment market plans to achieve sustainable development to provide the necessary capital in order to achieve the UN’s 2030 sustainable development goals (SDGs).

RelatedPosts

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

IMF, Papua New Guinea Reach Staff-level Agreement for $219m Disbursement 

CUTS Urges Public Institutions to Treat Citizens as Customers, Not Subjects

According to the latest data, sustainable bonds which include social and green bonds, have increased by more than 80% compared to 2019.

Source: arabfinance
Via: norvanreports
Tags: $1.9 billionEgypt’s private sectorEgypt's Minister of International Cooperation Rania El-Mashatfinancing from development partners
No Result
View All Result

Highlights

Cristiano Ronaldo Becomes Football’s First Billionaire Player

World Bank Raises Ghana’s 2025 Growth Forecast to 4.3% Amid Stronger Economic Recovery

Nigeria Eyes Debut Global Sukuk, New Loans to Raise Total of $2.8bn

GSS to Produce Regional and District GDP Figures from 2026

Africa’s Refining Capacity Expands as Uganda’s $4 Billion Oil Refinery Nears 2030 Start

Global Miners Raked in $700bn in 2024 Despite Rising Pressures

Trending

Business

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

October 8, 2025

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring  The legal framework surrounding private-sector-owned sovereign debt has proven...

IMF, Papua New Guinea Reach Staff-level Agreement for $219m Disbursement 

October 8, 2025

CUTS Urges Public Institutions to Treat Citizens as Customers, Not Subjects

October 8, 2025

Cristiano Ronaldo Becomes Football’s First Billionaire Player

October 8, 2025

World Bank Raises Ghana’s 2025 Growth Forecast to 4.3% Amid Stronger Economic Recovery

October 8, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.