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In a pivotal move, Egypt has secured a commercial loan amounting to USD 250 million (EGP 7.7 billion) through collaboration with the African Finance Corporation (AFC) and the International Islamic Trade Finance Corporation (ITFC), Ahram Online reported on 16 January. “This transaction underscores AFC's commitment to drive Africa's transformation by fostering local manufacturing, value creation, and job growth…supporting Egypt's Vision 2030 agenda and building upon our successful collaborations," AFC President and CEO Samaila Zubairu said in a press statement. The…
