The agreement represents a notable step towards sustainable and decarbonized agriculture in Egypt.
Soilless agriculture, also known as hydroponics, involves cultivating plants using nutrient-rich water outside the traditional soil.
AAAID is already a key player in Egypt's agricultural landscape, with current investments totaling around $158 million.
The meeting took place during Mnangagwa’s visit to Egypt, where he attended the third intra-African Trade Fair.
The Spokesman for the Presidency Counselor Ahmed Fahmy said the meeting reviewed programs to modernize the agricultural sector in Egypt.
Both ministers have also discussed potential collaboration in addressing the impacts of climate change and water scarcity.
The deal that could reduce Cairo's dependence on imports of staple crops but also reignite water use concerns.
The ministers discussed the existing aspects of cooperation between the two countries in the field of agriculture.
Egypt, in collaboration with the Agricultural Research Center and the International Atomic Energy Agency (IAEA), provided specific training to 18 agricultural researchers from eight different Arab countries...
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The Egyptian state had paid great attention to this sector by the support of President Abdel Fattah Al-Sisi for this sector.
He pointed out that the meeting of Arab agricultural ministers is discussing ways to activate joint Arab agricultural action.
The Egyptian cabinet announced in a statement that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from local farmers.
Since 2012 the EBRD has invested €10.4 billion in 167 projects in Egypt, with almost 57 per cent of its portfolio in private sector projects.
El-Quseir reviewed the development witnessed by the agricultural sector in Egypt during the past ten years.
The State was keen on implementing integrated agricultural policies and launching several initiatives, which put the farmer at the forefront.
Chemical and fertiliser exports by the most populous Arab nation peaked at nearly $9 billion in 2022.
In a related context, President Abdel Fatah al-Sisi held a meeting Sunday to follow up on the executive status of "comprehensive development efforts".
Despite these growing threats, the agricultural sector has been undergoing a transformation with the infusion of technology.
The discussions on the deal began when Egyptian President Abdel Fattah El-Sisi raised his country’s need for the grain during a meeting with PM Modi.