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EU prepares another $1.7 billion for Egypt as Europe deepens its strategic bet on Africa’s second-largest economy

By

Ayodeji Adegboyega

1d ago

Source

Business InsiderEU prepares another $1.7 billion for Egypt as Europe deepens its strategic bet on Africa’s second-largest economybusinessinsider.com
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Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union within days, bringing the country closer to securing the full €5 billion ($5.72 billion) macro-financial assistance package that has become a cornerstone of Europe’s strategy to stabilise one of Africa’s largest economies.

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