{"id":464409,"date":"2019-01-24T13:00:02","date_gmt":"2019-01-24T12:00:02","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=464409"},"modified":"2019-01-24T13:00:02","modified_gmt":"2019-01-24T12:00:02","slug":"egypt-credit-agreement-between-afreximbank-and-orascom-investment-holding","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/01\/24\/egypt-credit-agreement-between-afreximbank-and-orascom-investment-holding\/","title":{"rendered":"Egypt: credit agreement between Afreximbank and Orascom Investment Holding"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Afreximbank, the pan-African bank for the promotion of African exports, signed on 17 January 2019 a credit agreement of 170 million USD with the Egyptian company Orascom Investment Holding (OIH), beneficiary.<\/p>\n<p>This agreement aims to support OIH in its African projects, particularly for the development of its exports, and will encourage the expansion of pan-African Afreximbank activities in the short and medium term.<\/p>\n<p>According to Benedict Oramah, chairman of the Cairo-based African investment bank, the agreements are among the institution&#8217;s driving forces to promote intra-African investment and the manufacture of export products thanks to the intra-African financing mechanism. African.<\/p>\n<p>It should be noted that the company benefiting from the credit line operates in the telecommunications, including media, technology and cable sectors, mainly in Egypt, North Korea, Lebanon, Pakistan and other countries. from North Africa and the Middle East.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Afreximbank, the pan-African bank for the promotion of African exports, signed on 17 January 2019 a credit agreement of 170 million USD with the Egyptian company Orascom Investment Holding (OIH), beneficiary. This agreement aims to support OIH in its African projects, particularly for the development of its exports, and will encourage the expansion of pan-African<\/p>\n","protected":false},"author":536749,"featured_media":464411,"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_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":[12040],"tags":[2360,3949,13894,15767],"class_list":{"0":"post-464409","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"tag-afreximbank","9":"tag-benedict-oramah","10":"tag-egypt-en","11":"tag-orascom-investment-holding","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt: credit agreement between Afreximbank and Orascom Investment Holding - 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. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2019\/01\/24\/egypt-credit-agreement-between-afreximbank-and-orascom-investment-holding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt: credit agreement between Afreximbank and Orascom Investment Holding\" \/>\n<meta property=\"og: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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