News
03 January 2023

AIIB agrees €250m financing for Alexandria-Abou Qir Metro project

In:
Transport
Region:
Middle East & Africa

The AIIB has approved a €250 million (about $264 million) loan to Egypt for the Alexandria-Abou Qir Metro Line Project.Aiming to increase access to efficient, safe and low-carbon public transportation in the city of Alexandria, the project will upgrade and electrify the existing Alexandria-Abou...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
13 March 2026

Proximo Deals of the Year 2025: Live lessons

The deals that impressed - sometimes for size but more often for innovation - in 2025. With the project finance market looking to build resilience, these were the lessons...

Perspective
20 March 2026

Unlocking alternative funding in Nigerian infrastructure

Nigeria is starting to build robust channels for attracting institutional debt capital – both foreign and domestic - into infrastructure assets. But this expanded toolkit...