EBRD Backs Valu with €10.7m to Expand Green Consumer Finance in Egypt

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €10.7 million to Egyptian fintech platform, Valu, to expand access to energy-efficient and renewable energy solutions for households across the country.

The financing marks the EBRD’s first partnership with a consumer finance company in both Egypt and the Southern and Eastern Mediterranean (SEMED) region. Through Valu’s digital platform and extensive merchant network, the initiative will help channel climate-focused financing directly to consumers, enabling more households to invest in energy-efficient and environmentally friendly technologies.

The project is designed to extend green finance beyond businesses and institutions by making sustainable products more accessible to individual consumers. Using Valu’s digital financial services platform, households will be able to finance energy-efficient appliances, renewable energy systems and other climate-friendly products through affordable payment plans.

To support the initiative, the EBRD is also providing a €74,900 technical cooperation package. The funding will help Valu develop dedicated green finance products, improve the identification and monitoring of eligible green investments, and strengthen its pipeline of sustainable retail assets.

The programme is expected to boost demand for clean technologies while expanding consumer access to finance, supporting Egypt’s wider sustainability and climate goals.

“This project marks the EBRD’s first partnership with a consumer finance company in Egypt and the SEMED region, as well as our first collaboration with Valu,” said Mark Davis.

“By supporting Valu’s digital financial solutions, we are enabling households to access energy-efficient and climate-friendly solutions on affordable terms, extending green finance to individual consumers and supporting Egypt’s transition to a more resilient, low-carbon economy.”

The initiative aligns with Egypt’s efforts to accelerate its transition towards a more sustainable and climate-resilient economy by increasing access to financing for environmentally responsible investments.

Commenting on the partnership, Karim Riad said it demonstrates confidence in Valu’s ability to scale green finance across Egypt.

“By integrating dedicated green financing solutions into Valu’s platform, we will enable consumers to make more sustainable purchasing decisions without compromising affordability or convenience,” he said.

Founded in 2017, Valu has grown into one of Egypt’s leading consumer fintech platforms and became the first listed fintech consumer finance company on the Egyptian Exchange. The company pioneered the buy now, pay later model across the Middle East and North Africa and offers financing terms of up to 60 months through a network of more than 8,500 merchants.

The latest financing also supports Valu’s strategy of diversifying its funding sources while strengthening its role in sustainable finance and digital financial inclusion.

Egypt has been a founding member of the European Bank for Reconstruction and Development (EBRD) since its establishment in 1991. Although it was an initial member of the institution, Egypt officially became an active country of operations in 2012 following the bank's mandate expansion into the Southern and Eastern Mediterranean (SEMED) region