Egypt - IFC Investment Partnership
Egypt is seeking to expand cooperation with the International Finance Corporation to attract more investment, strengthen the private sector and support development projects in priority sectors including renewable energy, green hydrogen and infrastructure.
Key Highlights
Private sector: Egypt seeks a larger IFC role in supporting businesses and expanding private-sector participation
Investment: Cairo wants to increase IFC investments and attract additional domestic and foreign capital
Priority sectors: Renewable energy, green hydrogen and infrastructure
Africa: Egypt proposes joint development projects combining Egyptian expertise with IFC financing
SMEs: Cairo calls for expanded financing and technical support for small and medium-sized enterprises
Climate finance: Talks also cover green projects, trade finance and risk-sharing mechanisms
Expanding the IFC Partnership
Foreign Minister Badr Abdelatty discussed these priorities during a meeting with IFC Managing Director Makhtar Diop, attended by Minister of Planning and Economic Development Ahmed Rostom.
The talks focused on increasing the IFC's role in supporting private businesses and expanding their contribution to Egypt's economic development.
Private Investment at the Core
Egypt is looking to deepen its partnership with the IFC as part of a broader effort to attract capital, strengthen private-sector participation and channel investment into strategic sectors.
Greater IFC Investment in Egypt
Abdelatty welcomed the IFC's contribution to Egypt's government asset offering program, which aims to expand private sector participation in the economy.
He expressed Egypt's interest in building on existing cooperation and increasing the corporation's investments in the country to help attract more domestic and foreign capital.
The foreign minister stressed the importance of sustaining economic growth and encouraging investment amid the challenges facing the global economy.
Renewable energy: Expanded investment in clean power projects
Green hydrogen: New opportunities for low-carbon investment
Infrastructure: Development projects supporting long-term economic growth
Egyptian Expertise, IFC Financing
The meeting also addressed opportunities for Egypt and the IFC to work together on development projects in other African countries.
Abdelatty called for stronger trilateral cooperation that would combine the experience and implementation capabilities of Egyptian companies with the IFC's financing and advisory services.
A Platform for African Development
The proposed model would pair Egyptian companies' implementation capabilities with IFC financing and technical expertise to deliver development projects across Africa.
He said such partnerships could help deliver projects with a tangible development impact across the continent.
The proposed approach would also create opportunities for Egyptian businesses to participate in regional development while drawing on the IFC's financial resources and technical expertise.
Backing Small and Medium-Sized Businesses
For his part, Planning and Economic Development Minister Ahmed Rostom emphasized the need to maintain and expand IFC support for small and medium-sized enterprises.
He called for greater access to financing and technical assistance to help smaller businesses enter new markets and become part of regional and global value and supply chains.
• Greater access to business financing
• Technical assistance for SMEs
• Support for expansion into new markets
• Integration into regional and global value chains
Green Finance and Risk Sharing
Rostom also highlighted the importance of making use of the IFC's 2030 strategy to support green projects and climate finance initiatives.
He stressed the need to expand trade financing and risk-sharing mechanisms, which can help businesses access funding and pursue investment opportunities.
Financing the Next Phase of Growth
The discussions link private-sector expansion with green investment, SME financing and new development partnerships designed to support economic growth in Egypt and across Africa.
The discussions reflected Egypt's efforts to strengthen private sector participation, attract investment into strategic industries and develop new partnerships that support economic growth at home and across Africa.
Wed, Oct. 14, 2026
