Egypt, Feb. 20 -- The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are joining forces to support energy efficiency in Egypt's manufacturing sector. The EBRD is providing a financing package of up to €25 million to Arabian Cement Company (ACC), a leading cement producer in Egypt. This is being supplemented by first loss risk cover provided through the EU's European Fund for Sustainable Development Plus (EFSD+) to accelerate the green transition for industrial processes in the Egyptian market.This financing package aims to help reduce carbon-intensive production processes and support ACC's decarbonisation initiatives, promoting environmentally responsible industrial practices. The resulting reducti...