🌍 Africa 9h ago · Daily News Egypt

World Bank Group mobilises $6.7bn in private capital for Egypt since FY2022

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World Bank Group mobilises $6.7bn in private capital for Egypt since FY2022
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The World Bank Group has mobilised nearly $6.7bn in private capital for Egypt since fiscal year (FY) 2022, supporting investments in renewable energy, port infrastructure, affordable housing and entrepreneurship, according to the group.
Private capital mobilisation involves attracting funding from private-sector investors to finance development projects, helping bridge the gap between governments’ development priorities and the limitations of public financing. The World Bank Group uses financing

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