The European Investment Bank (EIB), through its development arm EIB Global, has committed $80m to the RMBV North Africa Fund III to accelerate private sector development and sustainability in Egypt, as part of a broader regional investment strategy covering North Africa. RMBV North Africa Fund III is managed by RMBV, a regional investment firm with a strong track record in delivering sustainable growth. She noted that cooperation between the EIB and RMBV North Africa Fund III supports regional investments and enhances shared growth and economic integration between Egypt and Europe. It supports private sector expansion in areas that enhance economic resilience, create quality jobs and contribute to the EU’s broader neighbourhood strategy for regional stability. In line with EIB Global’s inclusive investment approach, the RMBV North Africa Fund III will ensure that at least 30% of its portfolio directly contributes to advancing gender equality.

Source: Daily News Egypt January 14, 2026 18:20 UTC