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The German Development Bank (KfW), on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), signed a debt swap agreement worth EUR 54 million (EGP 1.8 billion) with the Ministry of International Cooperation, the Ministry of Electricity and Renewable Energy, and the Central Bank of Egypt. This agreement exempts Egypt from repaying

Al minyaMinistry of international cooperationAl qahirahAmr abdallah dalshCentral bankGerman federal ministry for economic cooperationTechnical education reform initiativeGerman embassyMinistry of electricityInternational climate conference in sharm el sheikhEgyptian electricity transmission companyRenewable energyGerman development bank kfGermany sealDebt swap agreementFacilitate green energy