Egypt ranks first in Africa for attracting Foreign Direct Investment (FDI) following cooperation with the World Bank and IFC.
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Updated oct 16
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How it started
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What happened
Egypt ranks first in Africa for attracting Foreign Direct Investment (FDI) following cooperation with the World Bank and IFC.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Egypt increases its stake in Banque du Caire while the IFC seeks a 10% stake, with trading scheduled on the Egyptian Exchange.Sub-event
Egypt achieves top FDI ranking in Africa through cooperation with World Bank and IFC.1 source
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The entities involved
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Egypt
country in Northeast Africa and Southwest Asia
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World Bank
international financial institution
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International Finance Corporation
World Bank Group member financial institution
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Coverage
Newest first; wire copies grouped- egyptindependent.comEgypt leads Africa in FDI inflows for fourth consecutive year - Egypt Independent