EFG Corp-Solutions, a subsidiary of EFG Finance and an EFG Holding company, and one of Egypt’s leading leasing and factoring companies, announced today that it has signed Egypt’s first specialized leasing agreement for electric vehicle (EV) charging infrastructure with Infinity, Egypt’s leading renewable energy company and electric vehicle charging provider, which operates the largest EV charging network in Egypt and Africa.
The agreement marks a significant milestone in Egypt’s transition toward clean transportation, introducing a tailored financing model that enables charge point operators (CPOs) to deploy EV charging infrastructure faster and with more financial flexibility.
Under the agreement, EFG Corp-Solutions will provide structured leasing solutions to support the expansion of Infinity’s EV charging network, addressing key barriers to adoption by reducing upfront capital requirements and enabling a faster, more efficient rollout of charging infrastructure across Egypt.
Infinity continues to set the benchmark for reliable, accessible, and future-ready EV charging infrastructure, operating the largest and fastest-growing network in Egypt. This collaboration further strengthens its ability to accelerate the adoption of electric mobility by unlocking new deployment opportunities across commercial and residential developments.
Nayer Fouad, Co-founder and CEO of Infinity, commented: “This agreement marks a significant step in accelerating Egypt’s transition to electric mobility. By working with EFG Leasing, we enable CPOs to deploy EV chargers more quickly and with greater financial flexibility, while maintaining the highest technical and operational standards. At Infinity, our mission has always been to build the backbone of Egypt’s EV ecosystem, and this agreement brings us closer to a future where reliable and clean electric mobility is accessible and integrated into everyday life across the country.”
Talal El Ayat, CEO of EFG Corp-Solutions, added: “This partnership reflects EFG Corp-Solutions continued focus on delivering innovative, client-centric financing solutions that address emerging market needs. By supporting the expansion of EV infrastructure, we are not only enabling business growth but also contributing to the development of a more sustainable and future-ready economy.”
EFG Corp-Solutions continues to build on its strong track record of delivering tailored leasing and factoring solutions that support long-term business growth, reinforcing its role as a strategic partner in enabling high-impact, future-focused sectors across Egypt.