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Egypt - Economic Governance and Energy Support Program Phases IIII- (EGESP I-III)
Details
Location:Egypt
Category:Goods, Works, Consulting services, Non-consulting services
Status:Completion and evaluation
Sectors:Energy, Macro-Economy & Public Finance
Contracting authority: Ministry of International Cooperation
Description
Egypt - Economic Governance and Energy Support Program Phases IIII- (EGESP I-III)
The program based operation (PBO) was designed to support Egypt during a critical period, where it was facing considerable macro-economic issues and structural challenges. Following the 2011 revolution, fiscal revenue, and foreign exchange earnings deteriorated, while expenditure rose disproportionately, causing inflation, budget deficit and sizable external imbalances and external reserve loss. The new government under President Sisi, first elected in May 2014, developed strategic plans centered on structural reform and investment promotion to raise growth and create jobs, and fiscal adjustment to bring the budget deficit and public debt under control. The plans also sought to tackle longstanding structural economic issues predating 2011, such as unsustainable high energy subsidies, a large public sector, unfavourable business enabling environment and low access to finance.
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tender Background
About the Funding Agency
African Development Bank (HQ)
The African Development Bank is a regional multilateral development finance institution, established in 1963, with a mandate to further economic development and social progress of African countries, individually and collectively. 80 member countries including all the 54 African countries and 26 non-African countries in the Americas, Europe and Asia own the Bank.
The Bank's principal functions include:
- using its resources for the financing of investment projects and programs relating to the economic and social development of its Regional Member Countries (RMCs);
- the provision of technical assistance for the preparation and execution of development projects and programs;
- promoting investment in Africa of public and private capital for development purposes; and (iv) to respond to requests for assistance in coordinating development policies and plans of RMCs. In its operations, the Bank is also required to give special attention to projects and programs that promote regional integration.
The Bank began its operations from its headquarters, in Abidjan, Côte d’Ivoire on July 1, 1966. For the purpose of its operations, the Bank also maintains Regional Resource Centers and Field Offices within RMCs.
For projects financed by the Bank resources, the charter requires suppliers for contracts for institutional activities and projects to be nationals of a member country. Only bidders from a member country of the Bank are eligible to participate in the procurement process. For goods to be eligible, they must originate from a member country.
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Locations
Egypt
Egypt has undertaken one of its most ambitious infrastructure investment programs in history, with hundreds of billions of dollars allocated to transport networks, new urban developments, energy and water systems, and industrial zones that underpin economic diversification and regional integration. These investments - including extensive road and rail expansion, smart city initiatives, and major renewable and utility projects - have enhanced Egypt’s position as a logistics and production hub while supporting macroeconomic stability and private sector growth. Public service delivery indices rank the country highly in infrastructure quality among Africa’s economies, though reforms continue to improve the regulatory climate and attract foreign investment.
Nr. of tenders: 13929
Nr. of grants: 3460
Nr. of donors: 726
Nr. of jobs: 64
Nr. of tenders: 13929
Nr. of grants: 3460
Nr. of donors: 726
Nr. of jobs: 64
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