The World Bank Group has mobilized nearly $6.7 billion in private capital for Egypt since fiscal year 2022 to support infrastructure, renewable energy, and housing projects.
- Renewable Energy: The International Finance Corporation provided $289.9 million to leverage over $1 billion for solar, wind, and battery storage projects.
- Port Infrastructure: Financing for the Safaga multipurpose terminal aims to increase container capacity and improve logistics efficiency.
- Affordable Housing: A government program supported by the group unlocked $2.88 billion in private mortgage financing for low-income households.
- Risk Mitigation: The Multilateral Investment Guarantee Agency issued $1.48 billion in guarantees to secure private investment portfolios.
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These initiatives utilize partnerships and guarantees to bridge the funding gap between public resources and development priorities.