AfDB probes offering additional funding to help Egypt cushion COVID-19 impacts: official – Egypttoday

AfDB probes offering additional funding to help Egypt cushion COVID-19 impacts: official – Egypttoday

AfDB probes offering additional funding to help Egypt cushion COVID-19 impacts: official. In statements to MENA, Blomberg said the AfDB is working on offering additional funding to back the efforts made by the Egyptian government to cushion the impacts of the coronavirus pandemic on citizens and the national economy.. The bank's board of directors will soon make a decision about providing this funding to Cairo, she said, adding that the AfDB also supports funding requirements for its private sector clients during such volatile conditions.. Egypt launches 1st phase of black sand separation, extraction project in Rashid.