Egypt issues Africa’s first Sustainable Panda Bond worth 3.5 billion RMB
Egypt issues Africa’s first Sustainable Panda Bond worth 3.5 billion RMB backed by African Development Bank and Asian Infrastructure Investment Bank. She will use the bond proceeds for inclusive growth and green objectives under its Sovereign Sustainable Financing Framework Egypt has successfully issued a 3-year Sustainability Panda Bond worth RMB 3.5 billion ($478.7 million). The North African…