World Bank arm ups Egypt investment to $1.2bn
The International Finance Corporation, a member of the World Bank Group, is planning to invest $1.2 billion in Egypt in 2025-26, an increase of nearly 10 percent from last year.
IFC’s investment has reached $6.5 billion over the past seven years, Daily News Egypt reported, quoting the IFC’s Cheick Oumar Sylla.
Sylla said that the IFC is working to maintain its annual investments in Egypt at $1 billion, reflecting its long-term commitment to support economic development and private-sector growth.
Its existing investments are spread across several vital sectors, with finance accounting for the largest share at 47 percent.
Infrastructure, renewable energy and transport projects represent 32 percent of the total, the report said.
Alongside funding, the IFC has provided $27 million in advisory support to advance Egypt’s main strategic priorities.
The IFC joined a group of financial institutions on Tuesday to provide $115 million to Abu Dhabi’s AD Ports Group to develop the Noatum Ports Safaga terminal in Egypt.
In March 2025 Egypt’s civil aviation ministry partnered with the IFC to introduce public-private partnerships at 11 airports. Its first PPP in the North African nation was the New Cairo wastewater treatment plant in 2010.
Further reading:
- Egypt partners with IFC for airport privatisation
- Egypt gets IFC on board to help monetise state assets
- World Bank unit to invest $310m in small businesses in Africa
You May Also Like
Once Upon a Farm Announces Pricing of Initial Public Offering
Forward Industries Bets Big on Solana With $4B Capital Plan
