Industrial Development Bank of Egypt logoIndustrial Development Bank of Egypt

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The Industrial Development Bank of Egypt is a state-owned financial institution dedicated to supporting Egypt’s industrial, commercial, and agricultural sectors. Established to drive economic growth, the bank provides tailored financing solutions, investment services, and development programs that empower businesses and entrepreneurs. With a strong focus on innovation and sustainability, the Industrial Development Bank plays a pivotal role in advancing national projects and strengthening Egypt’s financial ecosystem. Its mission is to foster industrial expansion, create job opportunities, and contribute to the country’s long-term economic stability through strategic partnerships and inclusive financial services.

HQ
Egypt
Type
Government
Stage
All Stages
Founded Date
1976-01-01

Industrial Development Bank of Egypt's Portfolio in Africa

Industrial Development Bank of Egypt has made over 1 notable investments in African startups. Their most recent investment was in valU, announced on June 29th, 2025.
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Industrial Development Bank of Egypt's Investment activity in Africa

With over $17.2M invested in African startups, their latest investment was a Post-IPO Debt round in valU, announced on June 29th, 2025, closing at $17.2M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Post-IPO Debt
valU
EgyptJun 29, 2025$ 17,292,234
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Industrial Development Bank of Egypt's Investment Distribution in Africa.

Industrial Development Bank of Egypt's currently has Startuup investments spread across the following location(s)

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