• The CEO's visit reflects the strength of the partnership between the United Kingdom and Egypt in light of the progress of the economic reform program.
• The new five-year strategy will support economic reforms by increasing investments and strengthening vital sectors.

Cairo, Egypt – British International Investment (BII), the UK’s leading impact investor and development finance institution, announced the launch of its new strategy in Egypt, with its cumulative investments reaching nearly $1.3 billion since entering the Egyptian market in 2012.

This move coincides with the visit of the Foundation’s CEO, Leslie Masdorp , to Cairo, where the Foundation is working to strengthen its partnership with Egypt with the aim of accelerating the pace of reforms, stimulating investments, and supporting sustainable and inclusive long-term growth.

As part of its new five-year strategy, the institution aims to inject £9 billion in new capital into Africa, including £5 billion from its own resources, with the remaining funding to be raised from private sector investors. In Egypt, these investments will support structural and economic reform priorities by expanding investment, deepening the capital market, enhancing resilience, and ensuring the long-term sustainability of key sectors, including energy, agriculture, financial services, industry, and export-oriented companies.

During his visit, which began earlier this week, Masdorp held meetings with senior government officials, investors, and private sector leaders as Egypt moves forward with ambitious reform programs aimed at accelerating economic stabilization, recovery, and sustainable growth. The National Industrial Strategy (2026-2030) aims to increase the industrial sector's contribution to GDP to 20% by 2030, create up to 8 million jobs, and strengthen Egypt's position as a regional manufacturing hub.

Leslie Masdorp, CEO of the British International Investment Corporation, said: “Egypt is an important strategic partner for the British International Investment Corporation and a key pillar of our new strategy. Our total investments, which are approaching $1.3 billion since we began direct investments in Egypt, reflect the scale of the promising opportunities and the strength of our long-standing partnership with the Egyptian market.”

Masdorp added: "We are committed to injecting more investments into the renewable energy sector and other productive sectors that contribute to job creation, enhance resilience, and support Egypt's transition towards a more sustainable and competitive economy."

For his part, Mark Bryson-Richardson, the UK Ambassador to Egypt, said: “The UK is proud to support Egypt through its partnership with the UK International Investment Corporation . The Corporation’s new strategy reflects the UK’s long-term commitment to investing in sustainable growth, supporting economic reform, and providing new opportunities for individuals and businesses across Egypt.”

Supporting the transition to green energy in Egypt

Egypt has set a target of generating 42% of its electricity needs from renewable energy sources by 2030, and the UK-based corporation plays a pivotal role in financing this transition. During the previous strategic period, over 50% of the corporation's investments in Egypt were directed towards climate finance projects, including more than $300 million for flagship projects such as the 1.1 GW Gulf of Suez wind farm and the 1.1 GW integrated solar power and hybrid battery storage system project in partnership with Scatec.

Boosting trade, infrastructure, and industrial growth

The corporation supports Egypt’s strategic goals of becoming a regional hub for industry and trade through investment in infrastructure and logistics projects. Its long-standing partnership with DP World contributes to enhancing port capabilities and efficiency, improving the flow of goods and supporting job creation. This aligns with the objectives of the National Industrial Strategy, which aims to increase the industrial sector’s contribution to GDP and strengthen Egypt’s position within global value chains.

The organization also supports the development of resilient and sustainable water infrastructure through the Africa Water Infrastructure Development (AWID) platform, where Egypt has been identified as a priority market.

Enhancing access to financial services for businesses and those with limited access to financial services

Through its partnerships with a number of financial institutions, including the Arab African International Bank, Banque du Caire and the Commercial International Bank (CIB), the organization works to enhance access to finance for small and medium enterprises, entrepreneurs and the least financially accessible groups, including women.

Shereen Shahdi holds the position of Regional Director for North Africa and Head of the UK Development Finance Corporation office in Egypt.

For media inquiries :

Paschorina Mortty
Email: press@bii.co.uk | bii@africapractice.com

About the British Development Finance (BII) :

The UK Development Finance Corporation (DFC) is the UK's development finance institution and impact investor, investing in companies operating in developing countries to improve lives and contribute to environmental protection. The DFC focuses on addressing the root causes of poverty and the climate crisis, helping countries achieve sustainable development and reduce their reliance on foreign aid.

From 2026 to 2031, the foundation will allocate at least 40% of its total new investment commitments to climate finance. The foundation is also a founding member of the 2X Challenge initiative, which has successfully mobilized over $33.6 billion to support women's economic empowerment.

The organization invests in more than 1,600 companies across 66 countries, with net assets worth £9.87 billion.

For more information, please visit the organization’s website or follow its accounts on LinkedIn, Bluesky and X.

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