News FinancesEIB Global invested $80 million in RMBV North Africa III, becoming the fund’s anchor investorThe fund targets more than $300 million in total investments across Egypt and North AfricaAt least 30% of investments will support gender equality, including women-led businessesThe European Investment Bank, through its international development arm EIB Global, announced a $80 million investment in RMBV North Africa III Fund to expand its support for Egypt’s private sector. The fund represents the first vehicle managed by RMBV as an independent fund manager. The initiative aims to boost growth and resilience in a key segment of the Egyptian economy while generating spillover effects across North Africa. The fund will target high-potential local companies operating in strategic sectors including consumer goods, healthcare, and education. The fund also committed to allocating at least 30% of its investments to initiatives that directly promote gender equality, including support for women-led businesses.

Source: The North Africa Journal January 14, 2026 18:30 UTC