Rania Al Mashat
These came during the virtual Women Working For Change (WFC): The Summit organized by the Africa CEO Forum and co-hosted by International Finance Corporation (IFC), on November 24 under the theme “Imagine tomorrow. Change today”.
This came during Al-Mashat’s virtual meeting with Director General of the German Federal Ministry for Economic Cooperation and Development Claudia Farning,
This came during a meeting held between Al-Mashat, and Minister of Social Solidarity Nevin Al-Kabbaj, to discuss expanding cooperation in regards to increasing international development financing to support Egypt’s civil society and expand social protection programs.
This is to ensure that all projects between development partners are streamlined and effectively coordinated; adopting a consistent Global Partnerships Narrative People&Projects&Purpose (P&P&P); and mapping ODA financing to SDGs for all projects with multilateral and bilateral development partners.
This twin-track approach integrates green growth in Egypt’s national development plans through national and international-level actions, Al-Mashat added.
The minister referred to Egypt’s growth rate despite the recession caused by COVID-19 pandemic, referring to the expectations for Egypt to hit 5 percent growth rate during 2021.
Minister of International Cooperation, Resident Coordinator of the United Nations Chair Periodic Meeting of Steering Committee for the Partnership Development Framework with the United Nations
The summit brought together a worldwide community of more than 5,000 sustainability leaders, including business representatives, industry federations, national partner organizations, NGOs, and policy makers.
Al Mashat, urged for the World Bank and international institutions to tap into Africa’s private sector and support economic recovery.
Minister Rania Al Mashat states that Egypt’s mega infrastructure projects and issuance of the first green bonds in the region “contributing to a new chapter in Egypt’s economic progress”
Minister of International Cooperation, Dr. Rania Al-Mashat, met with Dr. Dina Saleh, the Regional Director for the Near East, North Africa and Europe at the International Fund for Agricultural Development (IFAD) of the United Nations, to discuss expanding projects and outlining future areas of cooperation to enhance food and nutrition security and support resilient livelihoods.
The meeting discussed a loan provided by the European Investment Bank worth € 213.9 million for wastewater treatment and collection, in addition to the grant provided by the European Union worth €25 million for rehabilitation of sanitation systems.
Al Mashat, held the first coordination meeting for Kitchener Drain Depollution project worth 408 million euros to improve water quality and the health and environmental situation of the people living in the area.
Al Mashat noted that the post-Covid-19 recovery will be infrastructure-led to achieve a long-term transformation of the economy due its immense potential for job creationز
"Over the past few years, Egyptian women’s economic participation has increased, as the percentage of women holding bank accounts has increased from 9 percent in 2015 to 27 percent in 2017."
Al Mashat joined the high level discussion organized by the World Bank Group in the 2020 Annual Meetings, entitled "Beyond Libor ... Are we prepared?”
EBRD’s new strategy will increase the share of green financing to at least 50% of its total financing by 2025 by 2025
Al Mashat reaffirms the strength of the partnership between EBRD and Egypt during EBRD annual meetings.
Al Mashat noted that, “this year’s award carries particular significance in a period dominated by the importance of cooperation and collectivism for the purpose of serving the people.”
Mashat, participated in the Horasis Extraordinary Annual meeting in the plenary “Nurturing Inclusive Leadership” on how to continue to deploy international leadership.
