The 24-month program supports high-potential startups by identifying business and operational gaps and developing tailored growth plans.
Inflation rose to 15.2% in March 2026, driven by higher energy and food prices. The Central Bank of Egypt kept its key policy rate unchanged at 19.5% in April, while international reserves reached $52.8 billion, supported by continued International Monetary Fund (IMF) assistance.
The signed agreements included the electricity grid enhancement project agreement between the Egyptian Electricity Transmission Company and the EBRD.
For FY2025/2026, the lender continues to project growth at 4.4%, while keeping its 2026 outlook unchanged at 4.5%.
Through its Private Sector Engagement Unit, the ministry will play a central role in connecting small and medium-sized enterprises (SMEs) applying via the “Hafiz” platform with member banks of the Federation of Egyptian Banks, ensuring these businesses gain access to crucial financial and technical support.