The Media Center quoted the AfDB official as saying that there are several reasons to bolster confidence in the Egyptian economy, which is moving towards a stronger and more sustainable path, including its competitiveness and the potential of the private sector.
This assurance comes after the AfDB granted Egypt a $170
million loan to implement the second phase of its two-year program, aimed at
facilitating private sector development by improving the business environment
and promoting economic diversification, with a focus on green growth.