The European Bank for Reconstruction and Development Supports the Private Sector in Egypt with $532 million

12-07-2023; The Ministry of International Cooperation

In the same context, the bank approved a new financing for the Mediterrania Capital IV Fund worth €30.2 million, equivalent to $32.5 million. The fund aims to direct investments of €350 million in investments for medium-sized companies in the health care, retail, financial services and manufacturing sectors to develop the economy in Egypt, Tunisia and Morocco, paying special attention to companies led by women to enhance their access to the necessary economic opportunities.