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Wednesday, 11 May 2022

GIZ Egypt to support waste management strategy with EUR 6 mn in funding

Other things we’re keeping an eye on this morning:

  • Matouk Bassiouny & Hennawy acted as the Egyptian legal counsel to Kora Capital on its participation in Paymob’s USD 50 mn series B round. (Statement, pdf)
  • The Environment Ministry is getting EUR 6 mn from GIZ Egypt to support the new national waste management strategy, in addition to the EUR 14 mn pledged by the EU as part of EUR 138 mn in development grants announced yesterday for Egypt from the bloc. (Statement, pdf)
  • Belgium-based mechanical engineering group John Cockerill is looking to cooperate with the Electricity Ministry on green hydrogen, electricity and renewable energy. (Statement)
  • French tourism operator Ovoyages will operate a weekly flight from Paris to Sharm El Sheikh starting 10 July, according to a government statement. It does not make clear whether this is a charter or regular flight, but we presume the former. (Statement)

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