The European Bank for Reconstruction and Development (EBRD) has significantly contributed to Egypt's development, with its investment portfolio reflecting a commitment to various sectors crucial for economic growth.
According to data from the Ministry of International Cooperation, the EBRD's total investments in Egypt amount to $12 billion, spread across 178 funded projects.
These investments span key sectors, including financial services, trade and agriculture, sustainable infrastructure, tourism, construction, and support for small and medium-sized enterprises (SMEs).
The EBRD expects the growth of the Egyptian economy to narrow to 3% in the current fiscal year (FY) 2023/2024.