In short
In August 2015, Egypt expanded the size of the Suez Canal, a man-made Canal that links the Mediterranean Sea and the Red Sea following financing from Egyptians who bought investment certificates worth USD 3.6 billion (13 trillion Shillings) with a maturity period of five years and an interest rate of 15.5 per cent.
African States Should Learn From Suez Canal Financing Experience - Egypt Top story
13 Sep 2019, 16:26 Comments 1284 Views Cairo, Egypt Business and finance Updates
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Africa and loans
African Developement Banks
Chinese loans
Loans
Uganda loans
domestic financing
investment certificates
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