Cairo – Mubasher: Total investments of the European Bank for Reconstruction and Development (EBRD) in Egypt have reached EUR 5.3 billion injected into 99 projects, EBRD’s first vice president Jürgen Rigterink said.
The private sector accounted for 58% of total investments pumped by EBRD into the North African nation, Rigterink added in a statement released by the Egyptian Ministry of Investment on Thursday.
The bank focuses its investments on several countries, mainly Egypt, which made up more than 50% of its total investments in Africa, as well as Tunisia and Morocco, he noted.
