{"id":641513,"date":"2017-09-25T04:16:21","date_gmt":"2017-09-25T04:16:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/ifc-pledges-usd-150-mn-in-investment-in-egypts-agriculture-sector\/"},"modified":"2017-09-25T04:16:21","modified_gmt":"2017-09-25T04:16:21","slug":"ifc-pledges-usd-150-mn-in-investment-in-egypts-agriculture-sector","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/ifc-pledges-usd-150-mn-in-investment-in-egypts-agriculture-sector\/","title":{"rendered":"IFC pledges USD 150 mn in investment in Egypt\u2019s agriculture sector"},"content":{"rendered":"<p><strong>The International Finance Corporation (IFC) has agreed to invest USD 150 mn in <\/strong><strong>agricultural projects in Egypt in partnership with the private sector<\/strong>, <a href=\"http:\/\/www.tradearabia.com\/news\/BANK_330621.html\">Trade Arabia reports<\/a> citing a government source. \u201cThe investments aim at developing the country\u2019s nutrition sector, introducing the newest technologies in manufacturing, as well as providing new job opportunities for the youth.\u201d IFC <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/30\/ifc-pledges-usd-100-mn-to-oil-and-gas-projects-in-egypt\/\">recently pledged<\/a> USD 100 mn for oil and gas projects in Egypt.<\/p>\n<p>This comes as the Kuwait Fund for Arab Economic Development and The Arab Fund for Economic and Social Development agreed to invest in the state-run Egypt Ventures, <a href=\"https:\/\/alborsanews.com\/2017\/09\/24\/1053123\">according to Al Borsa<\/a>.<\/p>\n<p><strong>Egypt signs MoU with UNDP to establish investment fund for development<\/strong><strong>projects: <\/strong>Investment and International Cooperation Minister Sahar Nasr signed an MoU with the UNDP yesterday that will see the establishment of a new investment fund that will be specifically geared towards supporting development projects, <a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8393\">according to a ministry statement.<\/a> The agreement was signed during a UNDP conference in Cairo on sustainable development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Finance Corporation (IFC) has agreed to invest USD 150 mn in agricultural projects in Egypt in partnership with the private sector, Trade Arabia reports citing a government source. \u201cThe investments aim at developing the country\u2019s nutrition sector, introducing the newest technologies in manufacturing, as well as providing new job opportunities for the youth.\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641513","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"17f7525c-a443-4a7d-bc85-22f393f86441","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[641488],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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