The grants aim to improve Egyptians’ standard of living, as well as promote development in many vital sectors, said Christian Berger, ambassador of the European Union in Egypt
The Joint National Task Force on Technology and Innovation Initiative aims to encourage partnership with the Egyptian government and the private sector to strengthen technology and innovation hub
Funding was led by the European Bank for Reconstruction and Development's (EBRD), which financed a total of $527 million to Egypt’s private sector in 2021
In their year-end report, the Ministry of International Cooperation revealed their 2021 efforts in supporting support entrepreneurship, innovation and startups through Egypt Ventures
The statement included the ministry’s efforts to consolidate development cooperation relations with multilateral and bilateral development partners to maximize cooperation with development partners
