{"id":564237,"date":"2021-08-18T13:41:06","date_gmt":"2021-08-18T13:41:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/"},"modified":"2021-08-18T13:41:06","modified_gmt":"2021-08-18T13:41:06","slug":"germany-has-eur-151-mn-for-development-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/","title":{"rendered":"Germany has EUR 151 mn for development in Egypt"},"content":{"rendered":"

<\/a> Egypt will receive EUR 151 mn in grant money from Germany to support <\/strong>development projects<\/strong>, the International Cooperation Ministry said in a statement<\/a> this afternoon. The funds are earmarked for 15 projects across a range of sectors, including technical education, urban development and renewable energy.<\/p>\n

A little history: <\/strong>Germany is a longstanding partner of Egypt and is presently financing 30 ongoing projects in addition to having pledged to provide EUR 1.7 bn via loans, grants and debt swaps. This year alone saw a number of agreements between the two countries: 12 financing agreements worth EUR 197 mn<\/a> were signed during the first six months of the year, and the German development bank (KfW) is providing Egypt with EUR 41 mn<\/a> to support technical and vocational education via a debt-for-development arrangement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt will receive EUR 151 mn in grant money from Germany to support development projects, the International Cooperation Ministry said in a statement this afternoon. The funds are earmarked for 15 projects across a range of sectors, including technical education, urban development and renewable energy. A little history: Germany is a longstanding partner of Egypt […]<\/p>\n","protected":false},"author":1,"featured_media":564238,"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":[10055],"tags":[633,481,4162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-development","tag-enterprisepm","tag-germany","tag-speed-round-development","wpautop","entry"],"acf":{"mongo_id":"cd718bb7-1083-4d24-98fa-9b8310b13077","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/469.jpg","photo_position":"above","related_issue":[564229],"teaser":"","voice_url":""},"yoast_head":"\nGermany has EUR 151 mn for development in Egypt - 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\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany has EUR 151 mn for development in Egypt\" \/>\n<meta property=\"og:description\" content=\"Egypt will receive EUR 151 mn in grant money from Germany to support development projects, the International Cooperation Ministry said in a statement this afternoon. The funds are earmarked for 15 projects across a range of sectors, including technical education, urban development and renewable energy. A little history: Germany is a longstanding partner of Egypt […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-18T13:41:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/469.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\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Germany has EUR 151 mn for development in Egypt\",\"datePublished\":\"2021-08-18T13:41:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/\"},\"wordCount\":131,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/8\/469.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"Germany\",\"SPEED ROUND: DEVELOPMENT\"],\"articleSection\":[\"SPEED ROUND: DEVELOPMENT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/18\/germany-has-eur-151-mn-for-development-in-egypt\/\",\"name\":\"Germany has EUR 151 mn for development in Egypt - 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The first agreement allocates EUR 225 mn to supporting economic and social reforms and is part of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","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":564237,"position":1},"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 "Development finance"","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":591888,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/cabinet-signs-off-on-four-agreements-between-egypt-and-germany-worth-eur-145-9-mn\/","url_meta":{"origin":564237,"position":2},"title":"Cabinet signs off on four agreements between Egypt and Germany worth EUR 145.9 mn","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"CABINET WATCH- The Madbouly Cabinet signed off yesterday on four agreements with Germany that Egypt had signed last month worth a combined EUR 145.9 mn, according to an official statement. The agreements include a EUR 23.4 mn funding and technical assistance package for German development agency GIZ to implement education\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":665988,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/27\/egypt-germany-sign-eur-118-mn-financing-agreement\/","url_meta":{"origin":564237,"position":3},"title":"Egypt, Germany sign EUR 118 mn financing agreement","author":"enterpriseam admin","date":"27 May 2025","format":false,"excerpt":"The two sides also signed a EUR 21 mn debt swap agreement","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605199,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/egyptian-german-officials-sign-eur-150-5-mn-cooperation-agreements\/","url_meta":{"origin":564237,"position":4},"title":"Egyptian, German officials sign EUR 150.5 mn cooperation agreements","author":"enterpriseam admin","date":"24 December 2018","format":false,"excerpt":"Egypt, Germany sign EUR 150.5 mn-worth of financing agreements: Investment and International Cooperation Minister Sahar Nasr and German ambassador to Egypt Georg Luy signed yesterday EUR 150.5 mn-worth of agreements to finance development projects in Egypt, according to a ministry statement. The agreements include a EUR 48 mn grant to\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":566854,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/25\/tech-vocational-education-get-more-german-funding\/","url_meta":{"origin":564237,"position":5},"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. 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