The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt during the current fiscal year 2026, up from $915m in the previous fiscal year, according to Cheick Oumar Sylla, IFC Director for North Africa and the Horn of Africa. He explained that IFC’s current investments in Egypt are distributed across several key sectors aligned with sustainable growth objectives. Infrastructure, renewable energy, and transport projects follow, collectively representing 32% of total investments and supporting Egypt’s long-term development needs. In addition to direct investments, the IFC provides advisory services valued at $27m to support strategic priority areas in Egypt. Green building initiatives make up 4% of advisory services, while programmes supporting gender equality account for 2%, highlighting the institution’s focus on inclusive and sustainable economic growth.

Source: Daily News Egypt February 04, 2026 16:42 UTC