The International Finance Corporation (IFC) has launched five new investment initiatives aimed at strengthening micro-, small- and medium-sized enterprises (MSMEs), expanding climate finance and supporting healthcare and food security in Egypt and across Africa.
The projects, announced during a visit to Egypt by IFC Vice President for Africa Ethiopis Tafara, reflect a multi-sector strategy centered on green finance, inclusive lending and private-sector growth.
$150 Million Green Finance Push with Banque Misr
Building on its partnership with Banque Misr, IFC is launching a $150 million initiative to expand green finance in Egypt. The investment will support energy efficiency, renewable energy, sustainable transport and green building projects, while widening access to finance for MSMEs.
The program earmarks 20% of total lending for women-owned businesses, reinforcing IFC’s gender inclusion agenda alongside climate-related investments.
Climate Reporting Partnership with EBank
In parallel, IFC is working with the Export Development Bank of Egypt (EBank) on an advisory program under Egypt’s 30by30 framework. The initiative aims to enhance data governance and climate reporting standards, enabling the bank to track the environmental impact of financed projects and expand its exposure to green transactions.
The partnership is designed to support Egypt’s broader transition toward a low-carbon economy and strengthen institutional capacity in sustainable finance.
$30 Million for MSME Leasing and Factoring
IFC has also partnered with GlobalCorp Group, one of Egypt’s non-banking financial services platforms, to expand leasing and factoring services for MSMEs — particularly those operating in underserved and vulnerable communities.
The $30 million dual-currency investment includes IFC’s first local-currency securitization in Egypt and marks the country’s first development finance institution investment in a leasing securitization structure.
Healthcare Expansion with GMED Holding
In the healthcare sector, IFC signed a $15 million agreement with GMED Holding and its subsidiary EGMED to boost access to medical equipment and products across Egypt and East Africa. The initiative will increase production capacity and provide technical training for medical professionals in advanced medical technologies.
$13 Million Investment in Breadfast
The fifth project targets Egypt’s food supply chain through a $13 million investment in Breadfast, a Cairo-based consumer supply-chain technology platform. The funding will support expansion in logistics, manufacturing and technology infrastructure, while improving market access for small retailers and suppliers.
Innovating for Resilience
The agreements were signed on the sidelines of the “Innovating for Resilience: Financing for a Sustainable Future” forum.
Since beginning operations in Egypt, IFC has invested and mobilized nearly $10 billion in development projects and maintains a $27 million advisory portfolio in the country. Its investments span financial inclusion, climate resilience, industrial competitiveness, infrastructure, healthcare, gender equality and digital transformation.
The latest package underscores IFC’s continued focus on leveraging private capital to drive sustainable development and job creation in one of North Africa’s largest economies.
