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EBRD, Banque Misr back 5G rollout with $80m
Aya El Sayed Published in Amwal Al Ghad on 28 - 05 - 2025

The European Bank for Reconstruction and Development (EBRD) and Banque Misr are providing a syndicated loan worth around US$ 80 million to support a telecommunications firm's rollout of 5G services, EBRD announced.
The package includes €39 million from the EBRD and US$ 40 million from Banque Misr's Dubai branch. The funds will help the telecommunications firm acquire a 5G mobile licence from the National Telecommunications Regulatory Authority as part of the country's broader push for digital transformation.
The deployment of 5G is expected to boost data speeds, cut network latency, and drive innovation across sectors. It will also enhance customer experiences and support Egypt's digital economy ambitions.
In addition to improving performance, the new 5G network is expected to lower the telecommunications firm's annual CO2 emissions by over 1.74 million tons due to greater energy efficiency.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama

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