- President Renaud-Basso to hold meetings with Egyptian government and business leaders
- Focus on economic development, green transition and private-sector growth
- The Bank has invested almost €14 billion in Egypt since 2012
The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, will visit Egypt from 5 to 6 May to meet with members of the government and private-sector representatives.
Her engagements will include meetings with Prime Minister Mostafa Madbouly, Minister of Planning, Economic Development and International Cooperation Rania al-Mashat, who is also an EBRD Governor, and Minister of Investment and International Trade Hassan al-Khatib.
Ahead of the visit, President Renaud-Basso said: “Egypt is one of the EBRD’s largest and most strategic countries of operation. We are fully committed to supporting inclusive and sustainable economic growth, unlocking the vast potential of Egypt’s green economy and creating opportunities through private-sector development, investment in critical infrastructure and job creation.”
Egypt is a founding member of the EBRD. Since 2012, the Bank has invested more than €13.8 billion in the country across 201 projects, with a strong focus on the private sector. In addition, more than 750 small and medium-sized enterprises in Egypt have received targeted technical assistance from the Bank.