{"id":460298,"date":"2018-06-01T11:49:04","date_gmt":"2018-06-01T11:49:04","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460298"},"modified":"2018-06-01T11:49:04","modified_gmt":"2018-06-01T11:49:04","slug":"telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/06\/01\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\/","title":{"rendered":"Telecom Egypt gets $ 200 million from a pool of financial institutions in China"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Telecom Egypt, Egypt&#8217;s state-owned telecoms company, announced Wednesday (May 30th) that it has received a $ 200 million loan from a pool of Bank of China, a commercial bank, and China Export &amp; Credit Insurance Corporation.<\/p>\n<p>In its statement, the phone company says it is a long-term financing agreement, arranged by Huawei Technologies. The latter &#8220;played a key role in the process by providing competitive financing conditions for the deployment of its 4G network and the deployment of transmission networks,&#8221; she says.<\/p>\n<p>The agreement with Chinese companies will last 48 months, with a grace period of 24 months.<\/p>\n<p>Recall also that last week, Telecom Egypt announced it had initialed a $ 200 million financing agreement with the African Export-Import Bank (Afreximbank) to finance its working capital and investments in its infrastructure.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Telecom Egypt, Egypt&#8217;s state-owned telecoms company, announced Wednesday (May 30th) that it has received a $ 200 million loan from a pool of Bank of China, a commercial bank, and China Export &amp; Credit Insurance Corporation. In its statement, the phone company says it is a long-term financing agreement, arranged by Huawei Technologies. The latter<\/p>\n","protected":false},"author":533179,"featured_media":460300,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12012],"tags":[14959],"class_list":["post-460298","post","type-post","status-publish","format-aside","has-post-thumbnail","category-telecoms-en","tag-telecom-egypt","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Telecom Egypt gets $ 200 million from a pool of financial institutions in China - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/06\/01\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-01T11:49:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/06\/Telecom-Egypt-620x330-600x319.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"319\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ndeye Magatte Kebe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ndeye Magatte Kebe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/\"},\"author\":{\"name\":\"Ndeye Magatte Kebe\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/55de6f6c153173c36b1543ff83ebe25e\"},\"headline\":\"Telecom Egypt gets $ 200 million from a pool of financial institutions in China\",\"datePublished\":\"2018-06-01T11:49:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/\"},\"wordCount\":138,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/Telecom-Egypt-620x330-600x319.jpg\",\"keywords\":[\"Telecom Egypt\"],\"articleSection\":[\"Telecoms\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/\",\"name\":\"Telecom Egypt gets $ 200 million from a pool of financial institutions in China - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/06\\\/01\\\/telecom-egypt-gets-200-million-from-a-pool-of-financial-institutions-in-china\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/Telecom-Egypt-620x330-600x319.jpg\",\"datePublished\":\"2018-06-01T11:49:04+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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Bloggeuse, panafricaniste, elle est membre de l\u2019Union Internationale de la Presse Francophone (UPF). 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