Egypt’s private sector has secured US$2.8 billion in concessional financing from development partners in 2025, bringing total such funding mobilised since 2020 to around US$17 billion, Planning and International Cooperation Minister Rania Al-Mashat has said.
Speaking during a meeting with the Senate’s Foreign Relations Committee, Al-Mashat said banks and financial institutions accounted for the largest share of the funding, receiving 41.4 percent of the total through credit lines that are subsequently channelled to private businesses.
She said the concessional financing supports a wide range of sectors, including tourism, healthcare, manufacturing, transport and logistics, reflecting efforts to broaden private-sector participation in economic growth. Further funding is expected, she added, particularly through new instruments such as the European Investment Guarantee Mechanism.
Al-Mashat also highlighted the role of Egypt’s NWFE programme—a national platform linking water, food and energy priorities—which has mobilised about US$5 billion in concessional funding for local and international private investors to develop renewable energy projects and strengthen the national electricity grid.
She said the platform has elevated Egypt’s profile in international climate action and was recognised by independent experts at the COP30 climate conference as the first national multi-sector platform to integrate investment planning across critical sectors.
The minister said Egypt’s economy entered a “transformative phase” in 2024, driven by a national strategy focused on macroeconomic stabilisation, structural reforms and attracting foreign direct investment. Since March 2024, she added, reforms have accelerated, laying the groundwork for private-sector-led and inclusive growth.
