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Case Study: Egypt Project Loans

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Case Study: Egypt Project Loans

  • Publish Date: Posted over 2 years ago
  • Author: Marketing Team

Tasked with approving loan applications for various funding projects, NSCE needed support to recruit engineers to undertake technical and financial modelling and generate assessment reports to manage green investment opportunities.

 

About the projects

The initiatives, developed by the European Bank of Reconstruction and Development (EBRD) are supported by the European Union and green climate fund, will each run for several years. North South Consultants Exchange (NSCE), working in a consortium with STANTEC, manage the loan facilities – assessing the eligibility of SME applications to ensure funding is given to the right projects.

 

Client feedback

“We engaged the recruitment support of NRL because we needed help finding the right candidates with the knowledge and expertise to assess the potential energy and resourcing efficiencies that could be achieved by loaning money to local Egyptian businesses to help them grow their businesses.

NRL were able to identify the right candidates in a difficult market, navigate them through two complex interviews and salary negotiations to successfully place a Lead and Local Engineer to join our team. We’re delighted to have worked with them, and look forward to any future opportunities for NSCE and NRL to collaborate.”

- Alliaa Ibrahim, Head of Economic Development Unit, North South Consultants Exchange (NSCE)

Project information

Name: Egypt Value Chain Project and GCF GEFF NBE Green SME Local Project

Value: EUR 70 million - Egypt Value Chain Project / EUR 100 million – GCF GEFF NBE Green SME Loan Project

Location: Egypt

Operators: Developed by the European Bank for Reconstruction and Development (EBRD) and managed by a consortium of STANTEC and North South Consultants Exchange (NSCE)

Nature: Energy and Resource Efficiency

Outcomes: Facilitating loans for small and medium businesses to investigate innovations and efficiencies to make their organisations more sustainable, position them to access advanced local and export markets and identify green investment opportunities.

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