7 Hrs
Source:
المصدر
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Egypt Seeks AFC Funding
Egyptian Minister of Petroleum and Mineral Resources Karim Badawi discussed with Sameh Shenouda, Executive Director and Head of Investment at the African Finance Corporation, opportunities to finance new projects in oil and gas, refining, petrochemicals, and mining. The talks covered support for exploration activities, refinery upgrades, and financing local phosphate-processing projects to produce phosphoric acid and fertilizers, as well as funding for emerging mining companies. The two sides also discussed training and capacity-building programs and projects to improve energy efficiency, and explored ways to strengthen the Corporation’s participation in investment opportunities on offer.
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