Agriculture Ministry to launch its own investment map next year

The Agriculture Ministry is working on its own investment map, Al Borsa reports, citing unnamed ministry sources. The map will focus largely on livestock projects, in addition to potential investments in the reclamation of agricultural land. The initiative follows the signing of a joint declaration earlier this month between Egypt and the UN Food and Agricultural Organization, the European Bank for Reconstruction and Development, and the World Bank to promote investment in efficient and sustainable agriculture. We expect the agreement to encourage development finance institutions to increase their investment pledges for the agribusiness sector in the near future.