IFC, EBRD, BII et al. launch US$500mn sustainability bond to advance Egypt’s green transition and MSMEs
Cairo, Egypt, November 24, 2024 – Arab African International Bank (AAIB) today issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII), to advance Egypt’s green transition and micro, small, and medium-sized enterprises (MSMEs).