in Short
Egypt: A $500M sustainable bond for green transition and inclusion
The Arab African International Bank (AAIB) has issued a landmark $500 million sustainable bond, fully subscribed by the IFC, EBRD, and British International Investment (BII). Seventy-five percent of the funds will support green projects, while 25% will finance financial inclusion and SMEs. This initiative represents a key milestone for sustainable finance and Egypt’s green transition.