Financing
Minister Nevine al-Qabaj underscored the necessity of not just counting on donations but also the investment of resources to ensure sustainable revenues.
They created 1.6 million jobs.
The beginning is with signing cooperation protocols with three NGOs.
That was during his meeting with his Tunisian counterpart Nabil Ammar as they also conferred over regional risks.
Assistant to the Minister of Social Solidarity Mervat Sabrin signed Monday 29 contracts and four cooperation protocols with civil society to complete the third phase of Forsa Programme.
The funding was particularly directed to firms operating in the sectors of healthcare, manufacturing, and financial markets.
President Abdel Fatah al-Sisi ratified Wednesday the agreement between Egypt and the French Development Agency (AFD) on financing the establishment of Abou Kir Metro in Alexandria.
President Sisi expressed appreciation for the bank's role in supporting developmental sectors on the continent.
The meeting also tackled the progress rate of the monorail.
The committee is concerned with financing arrangements pertaining to loss and damage through the fund founded during COP 27 to fulfill that purpose.
Minister of Planning and Economic Development and Chairwoman of The Sovereign Fund of Egypt (TSFE) Hala El-Said attended Wednesday the signing ceremony.
Minister of Foreign Affairs and COP 27 President Sameh Shokry co-chaired Monday the Copenhagen Climate Ministerial Meeting.
The company enables access to a wide range of financial services to micro and small enterprises.
The ongoing portfolio of development cooperation for projects affiliated with the Ministry of Water Resources and Irrigation amounts to $668 million.
Those will be built by the UAE's AMEA Power.
Chair of the African Union (AU) and President of Senegal Macky Sall said Monday most adaptation projects in Africa are funded through loans.
The meeting was attended by Egypt's prime minister, governor of the central bank, and the ministers of planning, finance, and international cooperation.
The Emergency Food Security and Resilience Support Project will help cushion the impact of the war in Ukraine on food and nutrition security in Egypt.
Gamea noted that those entities created 2.5 million jobs.
Maait said it is difficult to obtain the suitable financing given the current circumstances, if compared to the pre-pandemic period when the global economy was in a good condition.
