In Egypt, the Green Value Chain (GVC) credit line provides finance and advice for private sector SMEs to support their competitiveness and growth by strengthening product quality and adding value, improving standards, and creating an enabling environment for exports. The facility supports CapEx investments in general and gives a special emphasis to green technologies.
The facility supports Egyptian SMEs with EUR 70 million of financing for improved competitiveness. The Programme provides eligible companies with access to finance, investment grants, and advisory services on the best available technologies in a range of industries, including agribusiness, manufacturing and services, logistics and distribution, and information and communication technologies.
The EBRD’s GVC credit line is available through local participating financial institutions, currently QNB ALAHLI, and offers the following:
The technical support is provided by a local team for various stages of project origination, investment appraisal and project implementation. This helps identify the best solutions and ensure quality value chain projects are successfully financed.
The Facility in Egypt is a product of the European Bank for Reconstruction and Development (EBRD), and supported by the European Union (EU) and the Green Climate Fund (GCF).
EBRD’s partnership with donors is central to promoting the green economy and sustainable business practices for SMEs. Donors provide critical support to projects that mitigate or build SMEs’ resilience to the effects of climate change and other environmental threats. The Facility in Egypt is supported by the European Union (EU), the Green Climate Fund (GCF) and the EBRD Shareholder Special Fund.
The Facility operates through participating financial institutions in Egypt.