The program aims to support the green transition in the industrial sector, reduce emissions, and enhance the competitiveness of Egyptian industry.
Egypt, Germany’s BAMAG discuss wastewater investment, tech transfer, and expansion into Africa via Cairo.
Highlighting Egypt's strategy to increase the share of renewable energy in its energy mix, Esmat emphasized the role of private sector involvement and government support in diversifying electricity sources
The visit highlights the growing partnership between Egypt and the EIB, aimed at promoting sustainable development, addressing climate change, and stimulating economic progress.
This funding will be allocated in two parts: €28 million will be directed towards bolstering risk management and credit guarantee mechanisms, specifically tailored to address the financing requirements of small and medium-sized enterprises (SMEs)