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Emerging MarketsAfrica

‘Trailblazing’ Egypt issues first sovereign green bond in MENA

AdobeStock_Egyptflag_575x375_01Sept2020

Egypt this week became the first sovereign issuer in the Middle East and North Africa to issue a green bond. The deal had been delayed by the coronavirus pandemic, bankers said, but it gained considerable traction from investors when it was finally brought to market.

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