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Home»Business»Crédit Agricole, Infinity Boost Egypt’s Solar Future
Business

Crédit Agricole, Infinity Boost Egypt’s Solar Future

Sam AllcockBy Sam AllcockJuly 23, 2025No Comments3 Mins Read
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Crédit Agricole Egypt has partnered with renewable energy leader Infinity to offer financing solutions aimed at making solar energy more accessible to Egyptian households. The strategic agreement was formally signed by Mr. Jean-Pierre Trinelle, Managing Director of Crédit Agricole Egypt, and Mr. Ashraf El Bishry, General Manager of Infinity, along with senior executives from both organizations.

The initiative introduces a tailored solar loan from Crédit Agricole Egypt, providing Infinity customers with preferential interest rates and repayment terms of up to seven years. The financing is designed to make clean energy products — particularly solar home systems — more affordable for individuals, thus reducing barriers to adoption and supporting broader sustainability goals.

“This partnership aligns with our mission to reach carbon neutrality by 2050,” said Jean-Pierre Trinelle. “By combining our financial expertise with Infinity’s technological leadership, we’re advancing Egypt’s energy transition and putting practical solutions into the hands of everyday consumers.”

The move supports Egypt’s Vision 2030, a national framework aimed at diversifying the country’s energy mix, embedding sustainability principles, and reducing carbon emissions. It also builds on the Central Bank of Egypt’s sustainable finance directives, reflecting a broader trend of integrating ESG (Environmental, Social, Governance) criteria into financial decision-making.

Infinity, established in 2014, is a leading force in Egypt’s clean energy sector. It is the largest Egyptian contributor to the Benban Solar Park, Africa’s biggest photovoltaic power station, and operates Egypt’s most extensive electric vehicle (EV) charging network, with over 700 stations across 16 governorates.

Commenting on the partnership, Infinity Co-Founder and CEO Mohamed Ismail Mansour said: “This step helps more individuals take part in Egypt’s clean energy future. Financial innovation, combined with scalable solar solutions, is key to real change at the household level.”

Fellow Co-Founder and CEO Eng. Nayer Fouad added: “With Crédit Agricole Egypt, we are creating real access to solar technology. It’s about awareness, accessibility, and action — all aligned to national energy goals.”

Nevine Shokry, Head of Proximity Banking at Crédit Agricole Egypt, emphasized the people-centered aspect of the initiative. “Sustainability is not just a global commitment — it’s personal. We are empowering individuals to make environmentally responsible decisions through practical financial tools.”

Crédit Agricole Egypt is the only French bank operating in Egypt, and serves more than 500,000 clients with a full suite of banking and digital services. It was also the first bank in Egypt and North Africa to receive the LEED Platinum certification for green building standards at its head office.

The bank has also partnered with the European Bank for Reconstruction and Development (EBRD) under the Green Energy Finance Facility (GEFF) to finance corporate investments in renewable energy and energy efficiency.

With this new partnership, both Crédit Agricole Egypt and Infinity aim to place individuals at the heart of the green energy revolution, supporting cleaner homes, a greener economy, and a more sustainable future.

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Sam Allcock
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Sam Allcock is a seasoned media professional and content strategist with a passion for storytelling across digital platforms. As a contributor to Abu Dhabi Week, Sam brings a sharp editorial eye and a deep appreciation for the culture, innovation, and lifestyle that define the UAE capital. With over a decade of experience in journalism and public relations, he covers everything from local events and business trends to travel, dining, and community highlights. When he's not writing, Sam is exploring the hidden gems of Abu Dhabi, always on the lookout for the next story worth sharing.

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