• Egypt seeks $2.6B private investment for 2025–26 agriculture plan
• Focus on desert farming, irrigation, and strategic crop expansion
• Aims to cut food imports; Egypt leads Africa in food purchases
Egypt is targeting 127.4 billion Egyptian pounds ($2.6 billion) in private funding for agriculture as part of its investment plan for the 2025-2026 fiscal year, the Ministry of Planning, Economic Development, and International Cooperation announced Sunday, August 31.
In a statement on its Facebook page, the ministry said its top priorities for the fiscal year include expanding cultivated land in desert areas such as Toshka, Sinai, and the New Delta. According to local media, the plan also includes improving crop yields, modernizing irrigation systems, developing agricultural greenhouses, and extending contract farming to strategic crops like corn, cotton, and oilseeds.
Valuing arid lands for agricultural production is a key strategy for Egypt, where arable land covers less than 5% of the country.
The government also announced in August that it had successfully completed a pilot project to grow cotton in the desert conditions of southern Sinai using modern irrigation. The success of the trial paves the way for large-scale cultivation in these regions and could attract new investors.
Increasing local production should help the North African nation reduce its reliance on imports. Data compiled by the United Nations Conference on Trade and Development (UNCTAD) in a July report shows that Egypt is Africa's largest food importer, with purchases totaling nearly $16.4 billion between 2021 and 2023. The country's primary imported products are cereals, oilseeds, sugar, meat, and dairy.
Stéphanas Assocle
It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc...
Egypt’s handset market is projected to leap from $2.5 billion in 2025 to $4.8 billion by...
Burkina Faso ends Target Malaria, a GMO mosquito project funded by the Gates Foundation. The ...
Egypt and UNECA launched a five-day workshop in Cairo to strengthen maritime tax audits and IFRS-b...
Sadot and Vodacom’s MOTI launch Africa’s first telco-powered farm-to-fork app to cut crop losses a...
• Senegal passes first whistleblower protection law for corruption cases• Law ensures anonymity, immunity, and rewards up to 10% recovered funds• Part of...
• African Food Systems Forum opens in Dakar, focuses on youth• Leaders highlight youth's role in transforming agriculture sector• Event draws 6,000+...
• Nigeria approves Renewed Hope Plan to boost $1T GDP by 2030• Plan follows subsidy cuts, currency reforms, and inflation control• Targets jobs,...
• $27M program launched to support 1,800 Ugandan students• 80% of scholarships target girls from rural communities• Focus on STEM education,...
The Mount Nimba Nature Reserve, a true cross-border treasure, stretches across Guinea and Côte d’Ivoire, at the edge of Liberia. It is dominated by an...
• Grand Egyptian Museum to open November 1 near Giza Pyramids• TikTok named official digital partner for live-streamed ceremony• GEM to display 100,000+...