Egypt Secures USD 15B in Development Finance for Private Sector Growth

Egypt has secured more than USD 15 billion in development financing to support the expansion of its private sector, in a move aimed at accelerating economic growth, attracting investment, and generating sustainable employment opportunities.

The announcement was made during a high-level conference titled ‘Development Financing to Empower the Private Sector: Economic Growth and Employment’, hosted by the Ministry of Planning, Economic Development, and International Cooperation.

Held under the auspices of Prime Minister Mostafa Madbouly and inaugurated by the Minister of International Cooperation, the event brought together representatives from international financial institutions, development banks, and private sector stakeholders. Discussions focused on the importance of concessional financing and strategic investment in enabling private sector-led development, with an emphasis on long-term, inclusive economic outcomes.