EBRD Provides EGP 600 Million Loan To Valu To Expand Green Finance Access Across Egypt

The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s transition toward a greener and more sustainable economy through a loan of up to EGP 600 million (€10.7 million) to Valu, one of the country’s leading financial technology and consumer finance companies. The partnership aims to make green financing more accessible to individual consumers, helping households invest in energy-efficient and environmentally friendly technologies.

Through Valu’s digital platform and extensive merchant network, consumers will be able to access financing options for climate-related purchases, expanding the reach of green finance beyond businesses and industrial projects. The initiative is expected to encourage greater adoption of energy-efficient products and renewable energy solutions, contributing to Egypt’s long-term environmental and sustainability goals.

To further support the project, the EBRD is also providing a technical cooperation package worth €74,900. The funding will help Valu design and launch dedicated green finance products, strengthen its ability to identify and monitor eligible green investments, and develop a stronger pipeline of sustainable assets within the retail finance sector.

This support is intended to ensure that green financing products are effectively integrated into the company’s operations and can be scaled over time.Mark Davis, Managing Director for the Southern and Eastern Mediterranean (SEMED) region at the EBRD, described the project as an important milestone for the Bank.

He noted that it represents the EBRD’s first partnership with a consumer finance company in both Egypt and the wider SEMED region, as well as its first collaboration with Valu. According to Davis, the partnership demonstrates the Bank’s commitment to using innovative fintech platforms to expand access to sustainable finance.

By supporting Valu’s digital financial services, the EBRD aims to help households access affordable financing for energy-efficient and climate-friendly solutions while advancing Egypt’s transition to a more resilient, low-carbon economy. Karim Riad, Chief Financial Officer of Valu, said the agreement reflects the EBRD’s confidence in the company’s ability to make green finance widely accessible across Egypt.

He explained that integrating dedicated green financing solutions into Valu’s platform will allow consumers to make more sustainable purchasing decisions without sacrificing affordability or convenience. Riad also highlighted that the transaction strengthens Valu’s funding base, supporting the company’s long-term growth strategy while contributing to the country’s broader sustainability objectives.

Founded in 2017, Valu has established itself as Egypt’s leading consumer fintech platform and became the first listed fintech consumer finance company on the Egyptian Exchange (EGX). The company’s growth and market position have been further strengthened by Amazon’s strategic investment. Valu was among the pioneers of the Buy Now, Pay Later (BNPL) model in the Middle East and North Africa and currently offers flexible financing plans of up to 60 months through a network of more than 8,500 merchants.

Over the years, the company has expanded beyond consumer financing into investment products, premium financing services, business-to-business (B2B) solutions, and card-based payment offerings, creating a comprehensive fintech ecosystem.Egypt is one of the founding members of the EBRD.

Since beginning its operations in the country in 2012, the Bank has invested more than €14.6 billion across 227 projects, supporting economic development, private sector growth, infrastructure modernization, and sustainability initiatives throughout the country.