EBRD lends EGP 600 million to Valu to expand green consumer finance in Egypt
The European Bank for Reconstruction and Development (EBRD) has extended a loan of up to ...
EBRD lends EGP 600 million to Valu to expand green consumer finance in Egypt
The European Bank for Reconstruction and Development (EBRD) has extended a loan of up to EGP 600 million (€10.7 million) to U Consumer Finance (Valu), Egypt’s leading consumer fintech platform, to expand access to energy-efficient technologies, renewable energy solutions, and electric mobility.
The financing will enable Valu to channel green investment opportunities directly to households through its digital platform and merchant network, helping broaden access to sustainable technologies beyond traditional corporate and institutional borrowers.
Technical support to develop green products:
The package includes EBRD-funded technical cooperation worth €74,900 to support the development of dedicated green finance products. The support will also help Valu strengthen the identification and monitoring of eligible green investments and build a pipeline of climate-focused retail assets.
Supporting Egypt’s low-carbon transition
The initiative is expected to stimulate demand for energy-efficient and renewable technologies while strengthening Egypt’s consumer finance market. By extending green finance to individual consumers, the project aims to support the country’s transition toward a more sustainable, low-carbon and resilient economy.
First consumer finance partnership:
Mark Davis, EBRD Managing Director for the Southern and Eastern Mediterranean (SEMED) region, described the transaction as the bank’s first partnership with a consumer finance company in Egypt and across the SEMED region, as well as its first collaboration with Valu.
He said the partnership reflects the EBRD’s commitment to using fintech platforms to expand access to sustainable finance, enabling households to access climate-friendly solutions on affordable terms.
Expanding access to affordable green finance:
Karim Riad, Chief Financial Officer of Valu, said the partnership underscores the EBRD’s confidence in the company’s ability to scale accessible green finance in Egypt.
He added that integrating dedicated green financing solutions into Valu’s platform will help consumers make more sustainable purchasing decisions while maintaining affordability and convenience, while also supporting the company’s long-term growth and funding diversification strategy.
About Valu and EBRD:
Founded in 2017, Valu is Egypt’s leading consumer fintech platform and the first listed fintech consumer finance company on the Egyptian Exchange (EGX). The company offers financing plans of up to 60 months through a network of more than 8,500 merchants and has expanded beyond buy now, pay later services into investment products, premium financing, B2B solutions, and card-based payments.
Egypt is a founding member of the EBRD. Since 2012, the bank has invested more than €14.6 billion across 227 projects in the country.
Leave a comment