AfDB Boosts National Projects in Egypt Since 2015

African Development Bank (AfDB) announced on Saturday, that it has funded more than 50 projects in Egypt since 2015 at total costs of $3.3 billion.

Samuel Kamara the AfDB's Country Program Officer, praised the Egyptian government's strong performance and commitment, which have been maintained in the execution of the joint under-construction projects.

According to Kamara, Egypt is endowed with all human and natural resources that enable it to occupy a unique position at the commercial and industrial levels.

On other hand, the projects covered fields including power, energy, irrigation, agriculture and SMEs, according to the AfDB in a statement released after a workshop organized by the bank in Cairo.