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Egypt raises RMB3.5 billion with debut sustainable panda bonds

Egypt raises RMB3.5 billion with debut sustainable panda bonds

Egypt will use the proceeds for inclusive growth and green objectives under its sovereign sustainable financing framework.
African Development Bank, Google partner to accelerate digital transformation

African Development Bank, Google partner to accelerate digital transformation

The agreement underscores a shared commitment to harness emerging technologies, extend and improve infrastructure.

African Development Bank secures $350 million loan from Japan

The African Development Bank (AfDB) said on Wednesday that has secured a $350 million (JPY 44.1 million) loan from Japan to help finance the...

Egyptian pound plunges to record low against the US dollar

Egypt’s pound plunged further on Wednesday reaching a record low of 31.4 to the dollar as the North African country moved to a more...