#European Investment Bank
The European Investment Bank (EIB) is set to provide Egypt with a EUR 150 million (EGP 3.8 billion) loan, to assist with local and global food shortages, announced Eefje Schmid, head of the Policy and Impact Unit at EIB Global Strategy and Partnerships Department. Egypt’s estimated needs amount to $10 billion for the energy sector at NWFE program between 2023 and 2030, the EIB official said, noting that this is a critical period during which climate action should be activated…
