Search

Egypt’s Defence Ministry Seeks $2.5 Billion in International Debt Markets for Infrastructure Projects

Allen dreyfus Logo
© Allen Dreyfus
  • Egypt’s Defence Ministry targets $2.5 billion in international debt for infrastructure
  • Severe dollar liquidity crisis precedes the central bank’s currency float

 

The Egyptian Ministry of Defense has actively pursued approximately $2.5 billion in international debt over the past two years to finance a series of infrastructure projects in the country, the Arab world’s most populous nation.

Recent Business

Reserve Bank Governor Lesetja Kganyago. Photo @ Facebook/Reserve Bank of SA
South Africa’s reform gains face global debt storm and escalating Middle East conflict
Read More »
Safaricom Ethiopia making waves. Photo @ Safaricom Ethiopia/Facebook
How Safaricom is turning Ethiopia into Africa’s next telecom power centre
Read More »
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Barrick’s gold, copper surge exposes Africa as battleground for mineral supremacy
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »

Latest Posts

Latest news insights