Home Industry Finance Egypt prepares to issue region’s first green sovereign bond Egypt seeks to raise $500m from the offering by Bloomberg September 28, 2020 Egypt is preparing to sell its first-ever green bond as the North African country looks to diversify its sources of financing and investors. The issuance would be the first of its kind by a sovereign in the region, the Finance Ministry said Sunday in a statement. It mentioned a portfolio of Egyptian green projects worth $1.9bn, including pollution reduction, renewable energy, clean transportation and sustainable water management. Egypt, which seeks to raise $500m from the offering, has selected Deutsche Bank, Citibank, HSBC Holdings, Credit Agricole to manage the sale, the ministry said in February. Tags Clean Transportation Egypt Green bond Pollution Reduction Renewable Energy 0 Comments You might also like QatarEnergy acquires 23% of offshore Egypt block from Chevron Egypt’s Suez Canal Economic Zone set for rapid expansion, CEO says ACWA Power secures $62m for renewable energy project in Uzbekistan Modon Holding, LuLu Retail to build retail facilities in UAE and Egypt