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TunisiaHow IFC is Paving the Way for Green Hydrogen Investments in Egypt: Insights from Marwa Mostafa Khalil
Last December,Policymakers, business representatives, and renewable energy experts gathered in Cairo for the National Consultation Workshop on Green Hydrogen, themed “Empowering Egypt: Fuelling the Future with Green Hydrogen Investments.” Organized by the EU-funded MED-GEM Network in collaboration with the European Union Delegation to Egypt and key Egyptian government entities, the workshop aimed to position Egypt as a global leader in the burgeoning green hydrogen economy.
Among the notable speakers was Marwa Mostafa Khalil, Infrastructure Investment Officer at the International Finance Corporation (IFC), World Bank. Mrs. Mustafa Khalil emphasized the critical role of early-stage financing and risk mitigation tools in fostering the development of green hydrogen projects in Egypt, a relatively new market for the country and the world. The IFC, Mrs. Mustafa Khalil explained, is leveraging its extensive infrastructure and manufacturing expertise, supported by global and regional teams, to bring international best practices to Egypt’s green hydrogen initiatives. “Our main mandate is to finance infrastructure projects like green hydrogen,” she stated, “but we also provide instruments to help de-risk these projects and bridge the gap until they become investment-ready. »
Countries covered:
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Egypt
