The African
Development Bank has disbursed a 500 million dollars loan to Egypt, the bank’s
representative in Cairo said.
Leila Mokaddem
said the disbursement, the second of three expected loan tranches from the bank
to Egypt, came into effect on Thursday and the funds would be received in early
April.
Egypt has been
negotiating billions of dollars in aid from various lenders to help revive its
economy, battered by political and economic upheaval since a 2011 uprising
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