Edita gets a funding push from Arab Bank Egypt for regional expansion plans

Edita Food Industries has snapped up funding to finance expansion lines at home and abroad. The EGX-listed snackmaker signed a seven-year, EGP 600 mn medium-term loan from Arab Bank Egypt to support its 2026 investment program, Investor Relations and Investment Senior Manager Omar El Abhar tells EnterpriseAM.

What’s in the works: “The company has a planned new wafer production line in Egypt, expected to increase the locally produced segment by 35%,” El Abhar tells us. The facility will support Edita’s EGP 4 bn investment program for 2026, which targets capacity expansion and new production lines across Egypt, Morocco, and Iraq, he adds.

The company is also targeting EGP 26 bn in sales this year as new capacity and regional production lines in Egypt, Morocco, and Iraq take off, El Abhar says.

REMEMBER- Edita has been actively building out its production base, as it signed an EGP 320 mn asset purchase agreement in October 2025 to acquire additional production machinery and boost output and support export growth.

It was a good year: Edita had reported a 72.6% y-o-y increase in its net income to EGP 2.4 bn in 2025, on the back of stronger operating leverage, disciplined pricing, and sustained cost control. Meanwhile, revenues for the year also rose by 29.5% y-o-y to EGP 20.9 bn.