We have published a summary briefing[1] analysing the European Bank for Reconstruction & Development’s first year of lending in Egypt.
The bank remains resolutely committed to directing its funds towards oil extraction, agribusiness and the power sector. Only 4.7% of loans are destined for small & medium-sized enterprises, and 0% to renewable energy projects.
[2]
Endnotes:
- a summary briefing: http://platformlondon.org/wp-content/uploads/2015/02/summary_of_EBRD_in_1st_year.pdf
- [Image]: http://platformlondon.org/2014/01/24/the-ebrd-in-egypt-analysis-of-the-banks-first-year/sector_breakdown-2/