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

Dailynewsegypt ·
Egypt

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…

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