African Development Bank chairman Okinoa Adesina said Saturday $1.5 billion would be granted for Egypt's new administrative capital, Al-Bawaba News reported. The loan will be at a low interest rate, according to Mr. Adesina. He added in his speech to the Africa Investment Forum held in Egypt's Sharm El-Sheikh, that President Abdel Fattah Al-Sisi's wise leadership has taken the country forward.