{"id":567901,"date":"2020-12-10T04:11:49","date_gmt":"2020-12-10T04:11:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/transport-health-projects-to-get-eur-715-mn-in-afd-funding\/"},"modified":"2020-12-10T04:11:49","modified_gmt":"2020-12-10T04:11:49","slug":"transport-health-projects-to-get-eur-715-mn-in-afd-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/transport-health-projects-to-get-eur-715-mn-in-afd-funding\/","title":{"rendered":"Transport, health projects to get EUR 715 mn in AFD funding"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The French Development Agency (AFD) is providing EUR 715.6 mn in <\/strong><strong>financing to support an array of development projects<\/strong>, cabinet said in <a href=\"https:\/\/bit.ly\/3gBsAoj\">a statement<\/a> 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 trip to the French capital for talks with President Emmanuel Macron.<\/p>\n<p><strong>The funds come as part of a larger EUR 1 bn strategic partnership agreement<\/strong> between the two countries first signed in 2019.<\/p>\n<p><strong>Transport projects top the list:<\/strong> The Abu Qir railway project will receive EUR 250 mn, EUR 150 mn will be earmarked for developing an energy policy evaluation system that will assist in regulating the transition towards a more sustainable transit infrastructure, and the Tanta-Mansoura-Damietta railway modernization project will be allocated EUR 95 mn. <strong>Health, education and wastewater projects <\/strong><strong>will also get runding. <\/strong>Full details in the release if you need the details.<\/p>\n<p><strong>ALSO FROM FRANCE- <\/strong><\/p>\n<p><strong>El Sisi yesterday sat down with Naval<\/strong> <strong>Group\u2019s Chairman and CEO Pierre \u00c9ric Pommellet,<\/strong> <a href=\"https:\/\/www.presidency.eg\/ar\/%D9%82%D8%B3%D9%85-%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D8%B1%D8%A6%D8%A7%D8%B3%D9%8A%D8%A9\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%81%D8%AA%D8%A7%D8%AD-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-%D9%8A%D8%B3%D8%AA%D9%82%D8%A8%D9%84-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%B4%D8%B1%D9%83%D8%A9-%D9%86%D8%A7%D9%81%D8%A7%D9%84-%D8%AC%D8%B1%D9%88%D8%A8-%D8%A7%D9%84%D9%81%D8%B1%D9%86%D8%B3%D9%8A%D8%A99-12-2020\/\">Ittihadiya<\/a> said. The president also met with <a href=\"https:\/\/bit.ly\/2LmrscI\">\u00c9ric Trappier<\/a>, the CEO of aerospace company Dassault Aviation, which manufactures business and fighter jets. <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/22\/first-trial-run-for-egyptian-navy-gowind-2500-corvettes-stalls\/\">Egypt had ordered four corvettes<\/a> a few years back from Naval as part of a USD 1 bn contract, which also included a tech transfer agreement to manufacture three corvettes <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/15\/egypt-launches-second-locally-built-small-navy-warship\/\">in Egypt<\/a>.<\/p>\n<p><strong>More: <\/strong>El Sisi discussed economic cooperation with France\u2019s Economy and Finance Minister <a href=\"https:\/\/www.presidency.eg\/ar\/%D9%82%D8%B3%D9%85-%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D8%B1%D8%A6%D8%A7%D8%B3%D9%8A%D8%A9\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%81%D8%AA%D8%A7%D8%AD-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-%D9%8A%D8%B3%D8%AA%D9%82%D8%A8%D9%84-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%88%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%81%D8%B1%D9%86%D8%B3%D9%8A-9122020\/\">Bruno Le Maire<\/a> and Organisation for Economic Co-operation and Development (OECD) Secretary-General <a href=\"https:\/\/bit.ly\/2VUs4Z9\">Jos\u00e9 \u00c1ngel Gurr\u00eda<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 trip to the French capital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":567902,"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":[9959],"tags":[3037,7097,72,2588,443,223],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","tag-afd","tag-development","tag-enterpriseam","tag-french-development-agency","tag-international-cooperation-ministry","tag-rania-al-mashat","wpautop","entry"],"acf":{"mongo_id":"6e5130a5-1491-4224-8141-2512630eba22","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/200.jpg","photo_position":"above","related_issue":[567886],"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>Transport, health projects to get EUR 715 mn in AFD funding - 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\/2020\/12\/10\/transport-health-projects-to-get-eur-715-mn-in-afd-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transport, health projects to get EUR 715 mn in AFD funding\" \/>\n<meta property=\"og:description\" content=\"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. 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The four-year agreement is set to\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":593758,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/09\/afd-earmarks-eur-1-bn-for-egypt-development-projects-over-coming-4-years\/","url_meta":{"origin":567901,"position":1},"title":"AFD earmarks EUR 1 bn for Egypt development projects over coming 4 years","author":"enterpriseam admin","date":"9 October 2019","format":false,"excerpt":"The French Development Agency (AFD) has allocated EUR 1 bn to fund projects in Egypt over the coming four years, regional director Mathieu Vasseur said yesterday, according to the local press. Egypt has already received EUR 200 mn of the amount this year, Vasseur said, pointing out that the agency\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":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":567901,"position":2},"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":[]},{"id":577345,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/another-chunk-of-development-finance-from-germany\/","url_meta":{"origin":567901,"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":673029,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/05\/france-to-channel-eur-4-bn-in-concessional-financing-and-grants-into-egypt-through-2030\/","url_meta":{"origin":567901,"position":4},"title":"France to channel EUR 4 bn in concessional financing and grants into Egypt through 2030","author":"enterpriseam admin","date":"5 October 2025","format":false,"excerpt":"The French government will cover the lion's share of the soft loans and grants","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\/2025\/10\/167.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621915,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/afd-to-lend-egypt-eur-60-mn-to-finance-first-phase-of-universal-health-insurance-scheme\/","url_meta":{"origin":567901,"position":5},"title":"AFD to lend Egypt EUR 60 mn to finance first phase of Universal Health Insurance scheme","author":"enterpriseam admin","date":"21 November 2018","format":false,"excerpt":"AFD to lend Egypt EUR 60 mn to finance first phase of Universal Health Insurance scheme: The French Agency for Development (AFD) is granting Egypt a EUR 60 mn loan to finance the first phase of Egypt\u2019s health insurance scheme, which is set to roll out in June, AFD senior\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567901","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=567901"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567901\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/567902"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567901"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567901"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}