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EIB Commits $80 Million to RMBV North Africa III Fund to Back Egypt’s Private Sector

EIB Commits $80 Million to RMBV North Africa III Fund to Back Egypt’s Private Sector
Wednesday, 14 January 2026 19:25
  • EIB Global invested $80 million in RMBV North Africa III, becoming the fund’s anchor investor
  • The fund targets more than $300 million in total investments across Egypt and North Africa
  • At least 30% of investments will support gender equality, including women-led businesses

The European Investment Bank, through its international development arm EIB Global, announced a $80 million investment in RMBV North Africa III Fund to expand its support for Egypt’s private sector. The fund represents the first vehicle managed by RMBV as an independent fund manager. The initiative aims to boost growth and resilience in a key segment of the Egyptian economy while generating spillover effects across North Africa.

The parties formalized the financing agreement on Wednesday, January 14, 2026, in Cairo, in the presence of senior Egyptian and European officials. The transaction positions the EIB as the fund’s largest contributor. “Its support demonstrates the relevance of our strategy and our track record, and it strengthens our shared commitment to backing high-performing companies that drive sustainable growth, job creation, and economic resilience in our target markets,” said Ahmed Badreldin, managing partner at RMBV.

“Through our portfolio, we seek to foster a virtuous cycle of growth by strengthening local value chains and deepening our commercial and industrial partnerships with European suppliers, technology providers, and service companies,” he added.

The investment envelope aims to mobilize more than $300 million in total capital. The fund will target high-potential local companies operating in strategic sectors including consumer goods, healthcare, and education. RMBV will combine financial investment with hands-on managerial support.

The strategy focuses on accelerating company structuring, improving competitiveness, and integrating portfolio firms into regional value chains. The fund also committed to allocating at least 30% of its investments to initiatives that directly promote gender equality, including support for women-led businesses.

SG

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