Tags : Aya Badr

Banking & Finance Egypt Transport

EBRD and donors finance Egyptian electric transport provider AGM

Abou Ghaly Motors (“AGM”), specialists in the automotive industry in Egypt, has successfully secured a finance extension from The European Bank for Reconstruction and Development (“EBRD”) to finance AGM’s fleet of range-extended electric vehicle for its London Cab services.  A loan of EGP 187.4 million (around EUR 10 million) from the EBRD is being complemented […]