Environmental Sustainability
Egypt and the African Development Bank have signed a $170 million agreement for the second phase of the Private Sector Development and Economic Diversification Support Program. The deal aims to bolster the state budget and advance structural reforms, including a $400,000 grant to enhance environmental sustainability at the Abu Rawash Wastewater Treatment Plant. The signing was attended by key government officials.
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General Motors (GM), in partnership with Al-Mansour Automotive, the exclusive distributor of Chevrolet in Egypt, has launched two fully electric Chevrolet models for the first time in the Egyptian market: the all-new Chevrolet Captiva EV and the Chevrolet Spark EUV. The launch marks a further step in GM’s collaboration with Al-Mansour Automotive to advance electric mobility solutions in Egypt, supporting the country’s national vision for sustainable transport, green mobility, and environmental sustainability.