Egypt

Today, the EIB and the European Commission are launching the implementation of the €400 million financing facility first announced in October 2025 through the signature of sub-MSME loan agreements between the Palestine Monetary Authority (PMA) and Bank of Palestine for $150 million, Quds Bank for $100 million, Palestine Investment Bank for $70 million, The National Bank for $50 million, and Cairo Amman Bank for $25 million.

The European Investment Bank (EIB), through its development arm EIB Global, is investing $80 million in the RMBV North Africa Fund III to accelerate private sector development and sustainability in Egypt as part of a regional investment strategy covering North Africa. The signature took place at an event in Cairo attended by Minister of Planning, Economic Development and International Cooperation of Egypt H.E. Rania Al-Mashat, EIB Vice-President Gelsomina Vigliotti, and RMBV Managing Partner Ahmed Badreldin.

The European Investment Bank (EIB), through its development arm – EIB Global, is investing $37.5 million in Alta Semper Fund II to support the growth of pharmaceutical and healthcare companies across Africa, including medical equipment and technologies. Targeting primarily North Africa (around 70%) and, to a lesser extent, sub-Saharan Africa (about 30%), the fund will strengthen innovation and sustainability in the life sciences sector while deepening EU-Africa trade relations.