EBRD and NBE support small businesses in Egypt

June 7, 2021
Share on

Small and medium-sized enterprises (SMEs) in Egypt will benefit from a US$ 100 million loan by the European Bank for Reconstruction and Development (EBRD) to the National Bank of Egypt (NBE) to support energy efficiency, climate change mitigation and the introduction of adaptation technologies.

NBE will on-lend the funds to SMEs in industry, commerce, and agriculture to help improve the use of energy, water and land resources, as well as investments in high-performing technologies, to support the Egyptian economy. Businesses can identify typical green technologies available in Egypt through the Green Economy Financing Facility (GEFF) Technology Selector. 

Egypt is a founding member of the EBRD. Since the start of its operations there in 2012, the Bank has invested more than €7.3 billion in 130 projects in the country.

For more information : 

Press release 

Countries covered:

  • Egypt