UK’s CDC’s development financing portfolio in Egypt amounts to €440 m, allocated to 39 companies
Published 24 Oct,2021 via Daily News Egypt - Egypt shares strategic relations with the United Kingdom, where the UK’s Development Finance Institution, CDC has been supporting the private sector since 2003, as the CDC’s development financing portfolio in Egypt amounts to €440m, allocated to about 39 companies, according to Ministry of International Cooperation.
It has also contributed to providing more than 30,000 jobs, across different sectors, including sectors of new and renewable energy, and health.
The CDC has worked for over 70 years in promoting sustainable long-term growth of companies in Africa and South Asia, as its investments portfolio amounts to $9.3 bn directed to more than 1,200 companies in emerging economies.
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