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10 Year Impact Report
Since Congress established EAEF in 2011, we have played a critical role rebuilding Egypt’s private sector after the revolution. This includes seeding what are now the top private equity and venture capital firms in the Middle East, expanding access to financial services for 49 million Egyptians and supporting 40,000 jobs. To date, EAEF and its partners have catalyzed over $1 billion in foreign investment.
View and download the Impact Report here.
View and download the Impact Report here.
2023 STAKEHOLDER LETTER
2022 was a difficult year for Egypt. The Russian invasion of Ukraine had a significant impact on Egypt’s economy, impacting tourism revenues and increasing food prices. Following the invasion, Egypt saw $20 billion in foreign outflows, which resulted in a foreign currency shortage. Over the past year, the Egyptian pound declined from approximately 15 to 1 to 30 to 1. Read More >