Egypt
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Egyptian snacks giant Edita Foods secures US$12.6M to finance frozen bakery segment investments
EGYPT – Egyptian snacks giant Edita Food has signed two medium-term loan agreements worth EGP 390 million (US$12.60M) to finance investments related to the newly…
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Egypt purchases 3.8M tons of wheat from local farmers as the country makes effort toward self-sufficiency
EGYPT – The Egyptian cabinet has announced that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from local farmers during…
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EBRD provides US$20M loan to boost Egypt’s edible oils maker Afia International
ETHIOPIA – The European Bank for Reconstruction and Development (EBRD) is bolstering Egypt’s agribusiness sector with a US$20 million loan to Afia International, a prominent…
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Afreximbank approves US$400M for phosphatic fertilizers project in Egypt
EGYPT – African Export-Import Bank (Afreximbank) has approved a US$400 million loan to finance a phosphatic fertilizers project in Egypt, implemented by public company El…
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Egypt inaugurates US$48.52M strategic food warehouse project
EGYPT – Minister of Supply and Internal Trade Ali El-Moselhy has inaugurated a new phase of the national project to build strategic warehouses for food…