Egypt to receive €151.5 mln fund from Germany

The sectors are technical education, vocational training, innovation in the private sector, migration, labour, administrative reform, urban development, and renewable energy.

The approved facility comes within the framework of the joint economic relations between Egypt and Germany, which aims to support Egypt’s Vision 2030 and its endeavours to achieve the United Nations’ Sustainable Development Goals.

The announcement was made at the annual negotiations meetings held between Egypt and Germany, headed by Sherihan Bakhit, assistant minister of international cooperation in charge of the Americas and Europe portfolios, and Mario Sander, head of the Development Cooperation with the Middle East at the German Federal Ministry for Economic Cooperation and Development.