
HELD UNDER THE PATRONAGE OF HIS EXCELLENCY DR MOUSTAFA MADBOULY, PRIME MINISTER OF THE ARAB REPUBLIC OF EGYPT
France Commits $4.39 Billion to Support Egypt’s Public and Private Sectors
08 Apr. 2025France has pledged around €4 billion ($4.39 billion) to support Egypt’s development, including €3.5 billion for public sector projects, $500 million for private sector investment, and €12.6 million in development grants. The French Development Agency (AFD) is also managing €150 million in EU-funded grants for key sectors like infrastructure projects, renewable energy, public transportation, and housing.
The announcement coincided with President Emmanuel Macron’s visit to Egypt, reflecting growing bilateral cooperation since President Abdel Fattah El-Sisi took office in 2014. The current Egypt-France development portfolio stands at €1.5 billion, with joint projects in energy, green transition, and infrastructure—including the Greater Cairo Metro and Abu Qir Metro.
France remains one of Egypt’s top European trading partners, with bilateral trade rising 14.7% to $2.9 billion in 2024. French companies are also expanding investments in energy, transport, and retail sectors, supporting Egypt’s long-term growth.
