Ahmed Heider

IMF noted to arrive this week for 5th review of $8B loan program

In March 2024, Egypt succeeded in expanding the IMF loan package from $3 billion to $8 billion.

The company says it has disbursed more than $11 billion in loans both inside and outside of Egypt.

With over €13.8 billion invested in Egypt’s economy since 2012—more than 86 percent of it directed to the private sector.

This positive trend signals a continued recovery following a substantial decline in net foreign assets over three months.

The Cairo-based fintech says it’s ready to shift from steady growth to regional expansion.

Finance Events

Seamless North Africa 15.10.2025

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