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CDP and ALEXBANK agreement to support agrifood sector in Egypt

Oct 27, 2024over 1 year ago

Contract Type

agreement

AlexandriaFinancial Services

Description

CDP, also known as Cassa Depositi e Prestiti, and ALEXBANK have signed a Memorandum of Understanding to support the agrifood sector in Egypt. The agreement aims to promote high-impact projects, develop tools to facilitate access to funding, particularly microcredit for Egyptian SMEs in the agricultural sector, and foster collaboration between Egyptian and Italian businesses.

Company Information

Company

CDP and ALEXBANK

Location

Alexandria, Alexandria, Egypt

About

CDP, also known as Cassa Depositi e Prestiti, is an Italian national promotion institution that finances public investments, and ALEXBANK is a bank of the Intesa Sanpaolo Group.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months