USAID puts its money where its mouth is: International Cooperation Minister Rania Al Mashat has signed agreements with US Ambassador to Egypt Herro Mustafa Garg for eight USAID grants worth USD 130 mn to further the state’s developmental objectives, according to a statement from the ministry.

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The rundown:

  • A USD 35 mn grant for the US-Egypt Higher Education Initiative;
  • A USD 26.9 mn grant for trade and investment promotion;
  • A USD 15 mn grant to improve health conditions;
  • A USD 14.5 mn grant to support agribusinesses and rural development;
  • A USD 13.5 mn grant for the Inclusive Economic Governance agreement;
  • A USD 12 mn grant for the second phase of the basic education program;
  • A USD 7.5 mn grant for the Integrated Water Solutions Support program
  • A USD 5.5 mn grant to combat climate change

What they said: “We reaffirm the long-term commitment of the US government to creating economic opportunities and improving conditions for all Egyptians. With funding of $130 million from the United States, we are bolstering Egyptian efforts to achieve a healthier and more prosperous life and future for the coming generations,” said US Ambassador to Egypt Herro Mustafa Garg.

Data point: USAID has channeled over USD 30 bn towards Egypt since 1978.

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