Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

AfDB Boosts National Projects in Egypt Since 2015


Mon 15 Jul 2019 | 04:15 PM
Ahmed Yasser

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.