By Modupe Gbadeyanka
Egypt and the United States have signed new bilateral assistance agreements and amendments this week worth over $100 million.
The funding support is to assist Egypt’s economic reforms, Sustainable Development Plan 2030, and private sector, which is expected to lead to growth and job creation.
A statement from the US Embassy in Cairo, the Egyptian capital, said these agreements demonstrate ongoing support from the American people for joint US-Egypt priorities in water, health, education, agriculture, and trade.
“These agreements reflect our strong and enduring partnership and the impact that our joint efforts have on the people of Egypt,” said US Agency for International Development (USAID) Mission Director to Egypt, Sherry Carlin. “Together with the Ministry of Investment and International Cooperation, we are strengthening the cornerstones of stability and prosperity in Egypt.”
For nearly four decades, the American people have partnered with the people of Egypt to bolster self-reliance, foster stability, promote economic growth, and reduce poverty. USAID’s program in Egypt, totalling nearly $30 billion since 1978, promotes a healthy, educated, and employed population.
more recommended stories
AfDB Doubles Climate Finance Commitments With $25bn
By Dipo Olowookere The African Development.
Court Jails Journalist for Insulting Governor
By Modupe Gbadeyanka A broadcast journalist.
The Challenges Russian Business Face in Africa
By Kester Kenn Klomegah Undoubtedly, a.
Sochi to Host African Leaders at Russia-Africa Summit
By Kester Kenn Klomegah In a.