EBRD President Visits Egypt To Deepen Economic Ties And Support Green Growth

2025-05-06 08:10:16

(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 6. The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is visiting Egypt on 5–6 May for high-level meetings with government officials and private sector leaders, aiming to deepen cooperation and boost sustainable economic development, Trend reports.

During her visit, Renaud-Basso will hold talks with Prime Minister Mostafa Madbouly, Minister of Planning and Economic Development Rania al-Mashat-who also serves as an EBRD Governor-and Minister of Investment and International Trade Hassan al-Khatib. The discussions are expected to focus on enhancing investment, supporting green initiatives, and promoting private-sector growth.

“Egypt is one of the EBRD's largest and most strategic countries of operation,” said Renaud-Basso ahead of her visit.“We are fully committed to supporting inclusive and sustainable economic growth, unlocking the vast potential of Egypt's green economy and creating opportunities through private-sector development, investment in critical infrastructure and job creation.”

Since it began operations in Egypt in 2012, the EBRD has invested over 13.8 billion euros across 201 projects, placing a strong emphasis on private-sector development. The Bank has also provided technical assistance to more than 750 small and medium-sized enterprises (SMEs) in the country.

MENAFN06052025000187011040ID1109513031

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.