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  • Egypt: Banque Misr, GGF and SANAD Fund join forces to support MSMes and promote green finance

Egypt: Banque Misr, GGF and SANAD Fund join forces to support MSMes and promote green finance

Mar 14 2022


Banque Misr, Egypt has received an investment to the value of USD 40 million from the Green for Growth Fund (GGF) and USD 35 million from SANAD.

The investment from the GGF will enable Banque Misr to provide green loans to corporates, SMEs and Egyptian households to finance renewable energy (RE) projects, as well as energy efficiency (EE) and resource efficiency (REff) measures to a wide range of sectors.
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Source: EU Neighbours South - News