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Program of strengthening Electric Transmission
AFD approved May 27, 2010 granting a loan of 50 million dedicated to the Egyptian Government to fund a major project to build the electricity transmission network, co-financed with European donors - EIB, KFW and the European Commission through the Neighbourhood Investment Facility (NIF). The financing agreement was signed by European donors and the Egyptian Ministry of Cooperation July 26, 2010. This project, whose total stands at 762 million euros, will reliably meet the growing demand of electricity but also to connect to the network the new generating plants and renewable energy to make possible future interconnections with neighboring Egypt.
To promote the development of a modern & competitive private sector
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€ 30 million SME credit line to NBE
The board of AFD approved on December 16th 2009 a concessional loan of € 30 million to National Bank of Egypt (NBE), the most important public bank of Egypt. This loan will be used to finance the development of SMEs in Egypt (mesofinance). This project will contribute to the first objective of the Country Strategy of AFD in Egypt for the period 2009-2011. The first objective of the Strategy is to promote the development of a modern, competitive private sector, by supporting private initiative and SMEs. Promoting access to credit for SMEs will contribute to creating jobs, through investment, and to reducing poverty.
To contribute to the improvement of the population living conditions
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Construction of the second phase of the third line of the Cairo metro
44M€ soft loan to the Government of Egypt, for the construction of Cairo Metro Line 3 Phase 2. Cairo Metro already includes two lines, ensuring 17% of the city’s public transport demand. The project’s objective is to improve the living and transport conditions of Cairo inhabitants. The first phase of Metro Line 3 is currently under construction (3.5 km and 5 stations). The project will finance the 7.12 km second phase, including 4 new underground stations. -
Improved public transport system in Cairo
The 1M€
FFEM
grant, managed by AFD, will finance expertise and technical supports to pilot projects improving public transport in Greater Cairo. The project will promote an efficient, integrated, multimodal, tiered mass transport system and will also contribute to awareness campaigns and capacity building within stakeholders, on sustainable transport issues. The project will be co-financed by the Global Environment Fund (GEF) for a total amount of 2.87 M.
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Improved water and sanitation services project (IWSP)
40M€ soft loan to the Government of Egypt for the improvement of water and wastewater services in four Governorates in the Nile Delta region (Damietta , Sharqeyah, Gharbeya and Beheira). The project will be implemented by the Holding Company for Water and Wastewater and its four affiliated companies in the Governorates. It will be co-financed with the European Commission, KfW Development Bank and the European Investment Bank (EIB) for a total amount of 295M€. The project objective is the global improvement of water and wastewater services in the Delta, to reduce surface water pollution and sanitary risks for the population. -
Technical Assistance to the Farmers of West Delta
1,5 M € Grant. This project is complementary to the West Delta Conservation and Irrigation Rehabilitation Project. It brings a technical assistance to the small farmers of the West Delta irrigation perimeter, so that they can take part in the new irrigation scheme. The project is financed by a grant to the Ministry of Water Resources and Irrigation, within the framework of the Commercial Capacity Building Programme (PRCC) managed jointly by the AFD and the French Ministry of Finance.
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Gabal El Asfar wastewater treatment plant extension, Stage II Phase II
50M€ soft loan to the Government of Egypt to extend Gabal El Asfar wastewater treatment plant, which processes Cairo East Bank used water. The project will be co-financed by the African Development Bank and will provide an additional treatment capacity of 500 000 to 600 000 m3/d for the existing plant. The final capacity will reach 2.5 Mm3/d, equivalent to 7.5 M inhabitants.
To protect & valorise the natural and cultural heritage
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Credit facility for the environment (Second Egyptian Pollution Abatement Project)
The AFD credit line will finance the first component of the EPAP (EgyptianPollution Abatement Project). This component consists in an investment facility for pollution abatement, cleaner production and energy efficiency projects carried out by the Egyptian industrial sector. This objective aims at improving the living conditions of the Egyptian population, by reducing industrial pollution and supporting the sustainable development of productive activities.
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Development of Saqqara archeological site
500 000 € Grant. The objective of this project is the conservation, development and management of Saqqara archaeological site (Memphis Necropolis, South of Cairo).The grant will finance the preparation and part of the implementation of a development plan for the site. The project’s owner and implementing agency is the Supreme Council of Antiquities of Egypt.

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