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اليوم السابع
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اليوم السابع

2026-11-01T04:00:00.000Z

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Egypt Green Industry Fund

Egypt Green Industry Fund

The Egyptian House of Representatives is preparing to discuss a €45 million government loan agreement with the French Development Agency to finance the “Sustainable Green Industry” project, following its approval by the Energy and Environment Committee. The funding aims to combat pollution, improve energy and resource efficiency, promote recycling and the treatment of industrial wastewater, and support the production of green hydrogen and biogas. It will also provide incentives and technical assistance to factories and startups. The Ministry of Environment will oversee the technical aspects, while the National Bank of Egypt will handle the financial aspects. The agreement builds on previous financing, bringing the project’s total cost to around €271 million.

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