{"id":673029,"date":"2025-10-05T00:00:00","date_gmt":"2025-10-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/05\/france-to-channel-eur-4-bn-in-concessional-financing-and-grants-into-egypt-through-2030\/"},"modified":"2025-10-05T00:00:00","modified_gmt":"2025-10-05T00:00:00","slug":"france-to-channel-eur-4-bn-in-concessional-financing-and-grants-into-egypt-through-2030","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/05\/france-to-channel-eur-4-bn-in-concessional-financing-and-grants-into-egypt-through-2030\/","title":{"rendered":"France to channel EUR 4 bn in concessional financing and grants into Egypt through 2030"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egypt has secured EUR 4 bn in concessional financing and grants from <\/strong><strong>France through 2030<\/strong>, Planning Minister Rania Al Mashat <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid021e1SxmnmSUa69kaGfN6ieVfgj4nNwoQ5SAkn1vtyJ3ZHGxDZ24i5uaD5DfXLNQwGl\" style=\"\" rel=\"noopener\">said<\/a> yesterday during a joint press conference with French ambassador Eric Chevallier. The agreement \u2014 officially framed as a renewal of technical and financial cooperation agreement between the two countries \u2014 appears to be the first public acknowledgment of an earlier agreement stemming from President Emmanuel Macron\u2019s April visit to Cairo.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The French government will cover the lion's share of the soft loans and grants<\/strong>, contributing a total of EUR 3.2 bn, while the French Development Agency (AFD) will provide EUR 800 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Funds will be directed toward priority development sectors<\/strong>, including healthcare, education, and technical training, alongside green infrastructure and renewable energy projects under Egypt\u2019s Nexus of Water, Food and Energy (NWFE) initiative, as well as private sector financing windows. The French ambassador stressed that France \u201cdoes not impose any projects on Egypt,\u201d but instead responds to government-defined priorities and development needs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> During Macron\u2019s April visit, Egypt and France elevated their partnership to a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7827ce3b-d89c-4713-a134-f692726e7e5d\/egypt,-france-elevate-ties-to-a-strategic-partnership\" style=\"\" rel=\"noopener\">strategic framework<\/a> with a focus on industrial localization, AI, cyber, and hydrogen. At the time, only EUR 260 mn worth of AFD-backed loans and grants were publicly announced.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>France is already among Egypt\u2019s largest foreign investors,<\/strong> with over EUR 7 bn currently deployed in the market, Al Mashat noted in separate remarks to Asharq Business (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/reel\/1294224362440791\" style=\"\" rel=\"noopener\">watch, runtime: 2:11<\/a>). She added that beyond development financing, the partnership is also geared toward industrial localization \u2014 particularly in medical supplies and pharma \u2014 where France is expected to serve as a key strategic partner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French government will cover the lion's share of the soft loans and grants<\/p>\n","protected":false},"author":1,"featured_media":673030,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7576],"tags":[101,8680,72,491],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-673029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-finance","tag-development-finance","tag-egypt-france-relations","tag-enterpriseam","tag-france","wpautop","entry"],"acf":{"mongo_id":"7436c678-5795-42a1-8755-1b646455e492","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/167.jpg","photo_position":"above","homepage_title":"","full_issue_title":"France to channel EUR 4 bn in concessional financing and grants into Egypt through 2030","related_issue":[673011],"teaser":"The French government will cover the lion's share of the soft loans and grants","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.5b285f34-6c60-428b-b817-f2874fee953c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Under a political declaration (pdf) with Egypt announced during President Joe Biden\u2019s visit to COP27 on Thursday, the US and Germany\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/187.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566420,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/more-details-on-that-eur-1-7-bn-french-financing-agreement-signed-earlier-this-week\/","url_meta":{"origin":673029,"position":1},"title":"More details on that EUR 1.7 bn French financing agreement signed earlier this week","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"We have a more detailed breakdown on some of the funding agreements to come out of French finance minister Bruno Le Maire\u2019s visit to Cairo this week. The International Cooperation Ministry had signed EUR 1.7 bn in financing agreements with French agencies and entities this week, according to a cabinet\u2026","rel":"","context":"In &quot;SPEED ROUND: DEVELOPMENT FINANCE&quot;","block_context":{"text":"SPEED ROUND: DEVELOPMENT FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/529.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556452,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/26\/madbouly-had-a-busy-day-in-france\/","url_meta":{"origin":673029,"position":2},"title":"Madbouly had a busy day in France","author":"enterpriseam admin","date":"26 October 2021","format":false,"excerpt":"Prime Minister Mostafa Madbouly met with representatives of 90Frenchcompanies in Paris yesterday at the Movement of the Enterprises of France (MEDEF) to drum up investment. The PM has been in Paris since Sunday to sign an agreement on cooperation between Egypt and the Organisation for Economic Co-operation and Development (OECD).\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546268,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/","url_meta":{"origin":673029,"position":3},"title":"We\u2019re getting EUR 138 mn in EU development grants","author":"enterpriseam admin","date":"10 May 2022","format":false,"excerpt":"The EU and the International Cooperation Ministry yesterday signed development financing grants worth a total of EUR 138 mn that will fund healthcare projects, administrative reform, and environmental, rural, and community development initiatives, according to a cabinet statement. The funding comes within the framework of the EU-Egypt Partnership Priorities for\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/119.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563012,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/15\/bruno-le-maire-wants-to-strengthen-frances-economic-ties-with-egypt\/","url_meta":{"origin":673029,"position":4},"title":"Bruno Le Maire wants to strengthen France\u2019s economic ties with Egypt","author":"enterpriseam admin","date":"15 June 2021","format":false,"excerpt":"EXCLUSIVE- France wants to be our third-largest source of FDI. Economic ties between France and Egypt have been growing since French President Emmanuel Macron took office in 2017. This was on display earlier this week when French Finance Minister Bruno Le Maire signed EUR 3.8 bn worth of bilateral agreements\u2026","rel":"","context":"In &quot;Coffee with\u2026&quot;","block_context":{"text":"Coffee with\u2026","link":"https:\/\/enterpriseam.com\/egypt\/coffee-with\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/199.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567901,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/transport-health-projects-to-get-eur-715-mn-in-afd-funding\/","url_meta":{"origin":673029,"position":5},"title":"Transport, health projects to get EUR 715 mn in AFD funding","author":"enterpriseam admin","date":"10 December 2020","format":false,"excerpt":"The French Development Agency (AFD) is providing EUR 715.6 mn in financing to support an array of development projects, cabinet said in a statement yesterday. The agency signed seven agreements with International Cooperation Minister Rania Al Mashat in Paris yesterday in a meeting coinciding with President Abdel Fattah El Sisi\u2019s\u2026","rel":"","context":"In &quot;DEVELOPMENT&quot;","block_context":{"text":"DEVELOPMENT","link":"https:\/\/enterpriseam.com\/egypt\/category\/development\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/200.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=673029"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673029\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/673011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/673030"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=673029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=673029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=673029"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=673029"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=673029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}