IFC Approves $25 Million Loan to Support Green Steel Production in Egypt
The IFC has approved a $25 million loan to Kandil Steel to support sustainable flat steel production in Egypt.
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The IFC has approved a $25 million loan to Kandil Steel to support sustainable flat steel production in Egypt.
The International Finance Corporation aims to increase investments in Senegal – and the MSGBC region – after contributing nearly one billion dollars to 67 projects in the country since 1966.
The IFC has announced the introduction of a trade finance facility for Banque Populaire de Mauritanie worth $10 million.
The International Finance Corporation has inked a deal with Sococim to boost low-carbon cement production in Senegal.
The Managing Director of the International Finance Corporation has highlighted the institution’s commitment to helping Mauritania boost private sector investments and the growth of the energy and agriculture sectors.
The IFC and its international lending partners recently announced $1.1 billion in financing to support the development of a solar PV plant and wind energy farm in Egypt.
A new agreement signed between the Malawian government, investors and energy companies is set to help expand the country’s electricity generation capacity to improve energy security and access.
KCB Bank Kenya secures a $150 million loan from the International Finance Corporation to fund the installation of renewable energy, energy efficiency and green technologies as a climate mitigation strategy.
The IFC and Vista Bank’s trade finance partnership to enhance trading between Burkina Faso and Guinea with global markets.
The IFC has provided Elsewedy Electric with a $150m loan to fund its growth expansion projects and to enhance renewables deployment in Africa.