The EBRD in Egypt

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The EBRD has been investing in Egypt since 2015

In Egypt, we focus on modernising the financial sector, developing the agribusiness sector and municipal and infrastructure projects, and upgrading transport and telecommunications services.

An Egyptian success story: how EBRD investment is helping to improve wastewater services for Fayoum's rural inhabitants by building new treatment facilities and increasing the capacity of existing wastewater plants.

Data valid as of: 28 February 2025

200

Number of projects to date

€13,898m

Cumulative EBRD investment

€6,889m

Cumulative disbursements

63%

Private sector share of portfolio

133

Number of active portfolio operations

€5,163m

Current portfolio of projects

€3,402m

Operating assets

Equity share of portfolio

28 March 1991

Joined the EBRD

30,870

Capital subscription (€000)

EBRD Governor: Rania A. Al-Mashat
EBRD Alternate Governor: Asem El-Gazzar
EBRD Board Director: Kyunghee Kim
EBRD Board Alternate Director: Natalie Horvat

EBRD Shareholders information

In Egypt, we focus on promoting the private sector by supporting the financial sector, and developing the agribusiness, manufacturing and service sectors. We also focus on upgrading the transport, municipal and infrastructure sectors, including by boosting the country’s renewable energy.

Focus areas

Promoting a more inclusive economy

The Bank seeks to promote a more inclusive economy for Egyptian businesses, women and youth, working to increase access to finance, entrepreneurship and skills development, as well as to services and economic opportunities.

Accelerating Egypt’s green economy transition

The EBRD aims to help increase renewable energy capacity and develop a more diversified energy mix, improving the quality, efficiency and environmental sustainability of infrastructure, and promoting energy and resource efficiency and climate resilience.

Enhancing Egypt’s competitiveness

We work to support private-sector growth and strengthen governance through a more expansive, competitive and resilient private sector; a deeper and more diversified financial sector and a broader array of financial products; increased private-sector participation; better governance; and an improved business environment.

Egypt became an EBRD recipient country on 30 October 2015. The EBRD's latest country strategy for Egypt was adopted on 9 February 2022.

4.2%

EBRD forecast for Egypt’s real GDP growth in 2025

4.7%

EBRD forecast for Egypt's real GDP growth in 2026

Output growth is expected to increase from 2.4 per cent in fiscal year (FY) 2024 (ending June 2024) to 3.6 per cent in FY 2025, rising further to 4.6 per cent in FY 2026 as business confidence recovers and structural reform progresses. On a calendar-year basis, growth is forecast at 4.2 per cent in 2025 and 4.7 per cent in 2026. Economic recovery gained momentum from the first quarter of FY 2025 following a period characterised by a deterioration in macroeconomic fundamentals in the presence of parallel exchange rates.

Growth in FY25 is expected to be led by the communications, accommodation and food, transportation, and storage (excluding the Suez Canal) and financial services sectors. The manufacturing sector also started recovering following a contraction in the previous year while extractive sectors posted the sharpest contractions. Inflation slowed to 24 per cent in January 2025. Prices will likely continue to fall due to base effects and tight monetary policy, despite necessary future adjustments to fuel prices.

The external position has improved since the Ras Al Hikma deal prompting Fitch and S&P GMI to upgrade Egypt's sovereign rating in 2024, but vulnerabilities remain. Reserves continued to grow reaching US$ 47.3 billion in December 2024, supported by increased remittances and tourism receipts which offset a nearly 60 per cent drop in Suez Canal revenues in 2024. Debt-to-GDP is expected to fall to 85 per cent in FY25 from 96 per cent in FY24, though debt servicing costs remain burdensome and are expected to amount to 50-60 per cent of government spending in FY25.

Egypt strategy and snapshot

Egypt diagnostic paper

PDF format / 1.32 MB

Download

Egypt strategy

PDF format / 1.87 MB

Download

Local language translation

PDF format / 2.28 MB

Download

Report on public comments

PDF format / 0.45 MB

Download

Egypt country snapshot

PDF format / 1.34 MB

Download

Data valid as of: 28 February 2025

Contact the EBRD in Egypt

Head of Office, Mark Davis

Address:

EBRD Cairo Resident Office EGID Building, First Floor Block 72, off Ninety Axis 5th Settlement, New Cairo, Cairo Egypt

Telephone:

0020223225900

EBRD Alexandria Resident Office

Address:

Regus offices Kamarayet Roushdy building Stanley - Corniche Alexandria Egypt

Telephone:

002035419155

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The EBRD in Egypt

An Egyptian success story: how EBRD investment is helping to improve wastewater services for Fayoum's rural inhabitants by building new treatment facilities and increasing the capacity of existing wastewater plants.

Focus areas

Promoting a more inclusive economy

Accelerating Egypt’s green economy transition

Enhancing Egypt’s competitiveness

Egypt strategy and snapshot

Contact the EBRD in Egypt

The EBRD in Egypt

An Egyptian success story: how EBRD investment is helping to improve wastewater services for Fayoum's rural inhabitants by building new treatment facilities and increasing the capacity of existing wastewater plants.

Focus areas

Promoting a more inclusive economy

Accelerating Egypt’s green economy transition

Enhancing Egypt’s competitiveness

EBRD and EU help provide clean power to Egyptian tourism hotspot

EBRD and EU boost innovation in Egypt's food industry

EBRD and EU foster energy efficiency in Egypt’s cement industry

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