Egypt is BII’s largest market in Africa, CEO says

British International Investment aims to deploy £15bn globally over five years, with Egypt as its top African market holding an $850m portfolio.

British International Investment CEO Leslie Maasdorp stated that Egypt ranks as the institution’s second-largest market worldwide after India. The portfolio stands at approximately $850m across 64 companies and supports more than 130,000 jobs.

BII plans to allocate 40 percent of its new investments to climate projects, including renewable energy and battery storage systems in Egypt. The institution also targets manufacturing, pharmaceuticals, and financial services to support the country’s shift toward export-led industrial growth.

Maasdorp noted that BII invests exclusively in private-sector firms and works with partners such as the European Bank for Reconstruction and Development and the International Finance Corporation to mobilise additional capital. Up to 30 percent of future investments will focus on gender inclusion.

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