World Bank expands support across sectors with $1.5B commitment, Makhtar Diop confirms

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World Bank commits $1.5B to Egypt

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Mikhail Vnuchkov

14.04.2026

World Bank expands support across sectors with $1.5B commitment, Makhtar Diop confirms — World Bank commits $1.5B to Egypt

Makhtar Diop announced a productive discussion with Egypt’s ministerial delegation about expanding collaboration in energy, logistics, agribusiness, manufacturing, tourism, and healthcare.

Diop stated that the World Bank has committed over $1.5B this fiscal year to deepen its support for Egypt, signaling a renewed focus on these vital sectors.

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Diop has previously highlighted the World Bank Group's involvement in development efforts, noting its key role in supporting progress in Guinea's economic priorities. He has also announced IFC support for Côte d’Ivoire’s development plan targeting increased private investment and job creation. The latest commitment in Egypt builds on these ongoing initiatives across the region.

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