VOL. XLV
No 8
25-February-2002
EGYPT
AFESD Lends Egypt $55.4Mn ForWater Project
The Kuwait-based Arab Fund forEconomic and Social Development (AFESD) announced on 18 February that it hadsigned an agreement in Cairo for a KD17mn ($55.4mn) loan to Egypt to finance awater project. The aim of the project is to provide, in the first stage, 108deprived villages in the country with potable water with a view to eventuallybringing drinking water to a total of 240 villages. The facility carries anannual...
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