IFC targets $1bln investments in Egypt in 2024: Sylla

Citing IFC’s Regional Director for North Africa Cheick-Oumar Sylla

Staff Writer, Arab Finance

February 20, 2024

PHOTO

The International Finance Corporation (IFC) is targeting investing $1 billion in the Egyptian market in 2024, Al Borsa News reported, citing IFC’s Regional Director for North Africa Cheick-Oumar Sylla.

Sylla also announced that the IFC had invested $2 billion in climate-related projects in Egypt since 2017.

It is worth mentioning that the IFC awarded Grand Egyptian Museum (GEM) the EDGE Advanced Green Building Certification on February 19th.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.