By: Zawya

Egypt's 2025 Initial Public Offering (IPO) program is a central component of its economic reform agenda, closely tied to commitments under its International Monetary Fund (IMF) agreement. The initiative aims to privatize state-owned enterprises across strategic sectors, including a notable focus on renewable energy assets like the Gabal El Zeit wind farm. According to economic experts cited in the analysis, the program seeks to shift financing from sovereign debt to long-term equity capital, attract foreign investment, and deepen local capital markets.

The inclusion of renewable energy projects is seen as a strategic move to appeal to international investors focused on environmental, social, and governance (ESG) mandates. The government's broader goal is to reduce the state's economic footprint, enhance private sector participation, and support its target of generating 42% of its energy from renewables by 2035. For the IPOs to succeed, experts emphasize the need for strong governance, transparency, and alignment with international reporting standards to build investor confidence and ensure the program contributes to sustainable economic growth.