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    You are at:Home»Africa Finance Corporation»IFC supports five Egyptian projects in climate finance, healthcare, and small and medium-sized enterprises
    Africa Finance Corporation

    IFC supports five Egyptian projects in climate finance, healthcare, and small and medium-sized enterprises

    Xsum NewsBy Xsum NewsFebruary 22, 2026No Comments3 Mins Read1 Views
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    startup venture capitalFebruary 20, 2026 7:51 AM UTC

    TLDR

    IFC signed five projects in Egypt focused on climate finance, health care, food security, and small business support. IFC’s $150 million investment in Misr Bank supports MSMEs with a focus on green finance, energy efficiency, renewable energy, and women-owned businesses. Egypt has prioritized sustainable finance and private sector growth, and is moving towards low-carbon assets and green financing to support economic resilience and job creation.

    The International Finance Corporation has signed five projects in Egypt focused on climate finance, health care, food security and small business support.

    The agreement was signed during the visit of IFC Vice President for Africa Ethiopia Tafala and on the sidelines of the Sustainable Finance Forum co-hosted with the Central Bank of Egypt.

    The largest project is a $150 million investment with Banque Misr to expand green finance. This funding will support energy efficiency, renewable energy, sustainable transport and green buildings. Loans to MSMEs will also increase, with 20% of MSME loans going to women-owned businesses.

    IFC also began an advisory partnership with the Export Development Bank of Egypt under the Egypt30by30 program. This initiative will strengthen climate reporting, data governance, and green trade tracking.

    In the financial services sector, IFC is investing $30 million in GlobalCorp Group through a dual currency structure to expand leasing and factoring for MSMEs. This transaction marks IFC’s first local currency securitization in Egypt and the first development finance institution investment in lease securitization in the country.

    In healthcare, IFC will invest $15 million in GMED Holding to expand medical equipment production and training in Egypt and across East Africa.

    A further $13 million investment in Breadfast will support logistics expansion and distribution infrastructure aimed at strengthening small businesses’ access to food supply chains and retail markets.

    Since beginning operations in Egypt, IFC has invested and mobilized nearly $10 billion and maintains an advisory portfolio of $27 million.

    Important points

    Egypt has placed sustainable finance and private sector growth at the center of its economic strategy. The Central Bank of Egypt introduced Sustainable Finance Guiding Principles in 2021 and binding regulations in 2022. In 2025, we introduced reporting requirements for the Carbon Border Adjustment Mechanism to align exporters with European standards. Climate finance is becoming a core part of bank lending as global investors move capital into low-carbon assets. Egypt is also issuing green sovereign bonds and expanding its renewable energy capacity, including large-scale solar power projects such as Benban. IFC’s package signals continued multilateral support as Egypt manages currency pressures, high inflation and debt servicing costs. The project aims to protect growing sectors while building resilience by targeting green financing, health capacity and small and medium enterprise financing. For foreign investors, structured finance tools such as local currency securitization reduce currency risk and deepen capital markets. If implemented, these projects could support job creation and strengthen Egypt’s position as a regional hub for climate change and private sector finance.

    climate Egyptian enterprises Finance healthcare IFC mediumsized projects small supports
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