Egypt, IFC Launch Energy Efficiency Program

• Monday, 7th December 2015
• by Egypt Oil & Gas

Egypt and the International Finance Corporation have agreed to a $2.3m deal to improve energy efficiency and pollution in Egyptian industry, Ahram Online reports. IFC Country Manager Nada Shousha stated that the aim o...

IFC to Give $50m Loan to Egypt’s PICO

• Sunday, 5th July 2015
• by Egypt Oil & Gas

IFC, a member of the World Bank Group, is providing a $50 million loan to Cheiron Finance Limited, a subsidiary of Egypt’s PICO International Petroleum, in an effort to bolster energy supplies in the Arab World’...

IFC to invest $ 2 bn in Egypt’s Energy and Infrastructure

• Sunday, 12th April 2015
• by Egypt Oil & Gas

The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion in Egypt over the next four years, focusing on infrastructure and energy,...