Egypt’s Banque du Caire agrees $200 million loan from Afreximbank

Egypt’s Banque du Caire agrees $200 million loan from Afreximbank

CAIRO, June 10 : Egypt's third-largest state-owned bank Banque du Caire has agreed to a $200 million, five-year loan from Afreximbank, it said in a statement on Thursday. The loan would be used to help it expand into the African market, particularly through the manufacturing, infrastructure, and construction sectors.