EBRD Extends $15 Million Loan to Boost Lending for Energy Efficiency in Egypt

The funding would cover investments in green technologies, such as thermal insulation, solar panels, geothermal heat pumps, and water-efficient irrigation systems

November 15, 2019

/ Rakesh Ranjan

/ Energy Efficiency, Other

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The European Bank for Reconstruction and Development (EBRD) has decided to provide a loan of $15 million (~₹1.07 billion) to the Arab African International Bank (AAIB) for fostering energy efficiency in the private sector businesses of Egypt.

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Rakesh Ranjan

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EBRD Extends $15 Million Loan to Boost Lending for Energy Efficiency in Egypt

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