{"id":546268,"date":"2022-05-10T04:00:42","date_gmt":"2022-05-10T04:00:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/"},"modified":"2022-05-10T04:00:42","modified_gmt":"2022-05-10T04:00:42","slug":"were-getting-eur-138-mn-in-eu-development-grants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/","title":{"rendered":"We\u2019re getting EUR 138 mn in EU development grants"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The EU and the International Cooperation Ministry yesterday signed <\/strong><strong>development financing grants worth a total of EUR 138 mn <\/strong>that will fund healthcare projects, administrative reform, and environmental, rural, and community development initiatives, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02yUhW8gY4dzcXPXATdUnRF8gjNpoYn6gCY4oe7bFwLRvVQdowf7bx9qLHoqq2qBTnl\">cabinet statement<\/a>. The funding comes within the framework of the EU-Egypt Partnership Priorities for 2021-2027 and was announced to coincide with <a href=\"https:\/\/european-union.europa.eu\/principles-countries-history\/symbols\/europe-day_en\">Europe Day<\/a>, the statement said.<\/p>\n<p><strong>The breakdown: <\/strong><\/p>\n<ul>\n<li><strong>The Health Ministry will get EUR 80 mn<\/strong> in a second tranche of budget support funding.<\/li>\n<li><strong>The Agriculture Ministry will get EUR 24 mn<\/strong> in funding through a partnership between the EU and the Italian Agency for Development Cooperation.<\/li>\n<li><strong>The Environment Ministry will get EUR 14 mn<\/strong> to support the new national waste management strategy through German development agency GIZ.<\/li>\n<\/ul>\n<p>The grants also include <strong>EUR 7 mn for the Local Development Ministry<\/strong> for projects focused on Upper Egypt, to be implemented by the UNDP; an <strong>EUR 5 mn grant for the planning and ICT ministries<\/strong> for administrative reforms through the OECD; another <strong>EUR 5 mn for the Finance Ministry<\/strong> for financial management reforms; and <strong>EUR 3 mn for the Micro, Small and Medium Enterprises Development Agency <\/strong>as part of an urban employment program in partnership with French development agency AFD.<\/p>\n<p><strong>The EU is a key provider of development finance to Egypt<\/strong>, with ongoing cooperation projects amounting to around EUR 1 bn, the statement said. We could see another EUR 1 bn by 2027, EU Commissioner for Neighborhood and Enlargement Oliver Varhelyi <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ef5bb7ad-6f4d-41d0-9f8c-1bca27980648\">said late last year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EU and the International Cooperation Ministry yesterday signed development financing grants worth a total of EUR 138 mn that will fund healthcare projects, administrative reform, and environmental, rural, and community development initiatives, according to a cabinet statement. The funding comes within the framework of the EU-Egypt Partnership Priorities for 2021-2027 and was announced to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":546269,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7576],"tags":[101,571,93,72,7192,443,1824,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-finance","tag-development-finance","tag-ebrd","tag-energy","tag-enterpriseam","tag-eu","tag-international-cooperation-ministry","tag-intro-solar","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"f4dc3156-824f-4f46-9998-45392d2ddd69","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/119.jpg","photo_position":"above","related_issue":[546255],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>We\u2019re getting EUR 138 mn in EU development grants - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re getting EUR 138 mn in EU development grants\" \/>\n<meta property=\"og:description\" content=\"The EU and the International Cooperation Ministry yesterday signed development financing grants worth a total of EUR 138 mn that will fund healthcare projects, administrative reform, and environmental, rural, and community development initiatives, according to a cabinet statement. The funding comes within the framework of the EU-Egypt Partnership Priorities for 2021-2027 and was announced to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-10T04:00:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/119.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"We\u2019re getting EUR 138 mn in EU development grants\",\"datePublished\":\"2022-05-10T04:00:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/\"},\"wordCount\":247,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/119.jpg?fit=%2C&ssl=1\",\"keywords\":[\"development finance\",\"EBRD\",\"energy\",\"EnterpriseAM\",\"EU\",\"International Cooperation Ministry\",\"Intro Solar\",\"renewables\"],\"articleSection\":[\"Development finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/were-getting-eur-138-mn-in-eu-development-grants\/\",\"name\":\"We\u2019re getting EUR 138 mn in EU development grants - 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(Statement, pdf)The Environment Ministry is getting EUR 6 mn from GIZ Egypt to support the new national\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597372,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/egypt-eu-discuss-eur-110-mn-financing-for-2020-projects\/","url_meta":{"origin":546268,"position":1},"title":"Egypt, EU discuss EUR 110 mn financing for 2020 projects","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"The European Union is planning to provide EUR 110 mn to finance projects in Egypt next year, the Investment Ministry said in a statement. The projects will span water, renewable energy, trade and local development, the ministry said following a meeting between a number of Egyptian ministers and EU officials.\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567901,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/transport-health-projects-to-get-eur-715-mn-in-afd-funding\/","url_meta":{"origin":546268,"position":2},"title":"Transport, health projects to get EUR 715 mn in AFD funding","author":"enterpriseam admin","date":"10 December 2020","format":false,"excerpt":"The French Development Agency (AFD) is providing EUR 715.6 mn in financing to support an array of development projects, cabinet said in a statement yesterday. The agency signed seven agreements with International Cooperation Minister Rania Al Mashat in Paris yesterday in a meeting coinciding with President Abdel Fattah El Sisi\u2019s\u2026","rel":"","context":"In &quot;DEVELOPMENT&quot;","block_context":{"text":"DEVELOPMENT","link":"https:\/\/enterpriseam.com\/egypt\/category\/development\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/200.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577345,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/another-chunk-of-development-finance-from-germany\/","url_meta":{"origin":546268,"position":3},"title":"Another chunk of development finance from Germany","author":"enterpriseam admin","date":"20 November 2022","format":false,"excerpt":"Egypt and Germany inked nine cooperation and financing agreements worth EUR 160 mn on the sidelines of COP27 last week, the International Cooperation Ministry said in a statement Thursday.#1- International Cooperation Minister Rania Al Mashat and German counterpart Svenja Schulze signed an EUR 80 mn grant to finance three unspecified\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/298.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566854,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/tech-vocational-education-get-more-german-funding\/","url_meta":{"origin":546268,"position":4},"title":"Tech, vocational education get more German funding","author":"enterpriseam admin","date":"25 July 2021","format":false,"excerpt":"The German development bank KfW will provide EUR 41 mn to the Education Ministry over the coming year as part of a German-Egyptian debt-for-development swap program, the International Cooperation Ministry said in a statement. The funding will be allocated to three projects that aim to develop technical and vocational education\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566420,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/more-details-on-that-eur-1-7-bn-french-financing-agreement-signed-earlier-this-week\/","url_meta":{"origin":546268,"position":5},"title":"More details on that EUR 1.7 bn French financing agreement signed earlier this week","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"We have a more detailed breakdown on some of the funding agreements to come out of French finance minister Bruno Le Maire\u2019s visit to Cairo this week. The International Cooperation Ministry had signed EUR 1.7 bn in financing agreements with French agencies and entities this week, according to a cabinet\u2026","rel":"","context":"In &quot;SPEED ROUND: DEVELOPMENT FINANCE&quot;","block_context":{"text":"SPEED ROUND: DEVELOPMENT FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/529.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546268"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546268\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546269"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546268"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546268"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}