News

Egypt Signs Four-Year Agreement with French Firm Schneider Electric to Support Sustainable Farming

Egypt Signs Four-Year Agreement with French Firm Schneider Electric to Support Sustainable Farming
Friday, 30 January 2026 18:45
  • Egypt signs Schneider Electric pact to advance green economy transition
  • 2026-2029 partnership supports climate-resilient agriculture and food security
  • Deal aligns with NWFE platform under Water-Food-Energy Nexus

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, signed a memorandum of understanding with Schneider Electric Egypt on Thursday, Jan. 29, 2026.

The agreement aims to support climate action and speed up the transition to a green economy, as part of efforts to strengthen partnerships with the private sector.

The partnership, which will run from 2026 to 2029, will see Schneider Electric provide integrated solutions to promote climate-resilient sustainable agriculture, support smallholder farmers and enhance food security.

The agreement falls under Egypt’s "NWFE" national platform for green projects, specifically within the Water-Food-Energy Nexus.

Al-Mashat said the partnership reflects the state’s commitment to strengthening development cooperation with the private sector and international institutions. She said the goal is to support sustainable rural development, reinforce food security and help smallholder farmers better adapt to the impacts of climate change.

Climate challenges in Egypt

Egypt is among the countries most exposed to climate change. It faces more extreme temperature fluctuations, rising sea levels that threaten coastal areas, and accelerating desertification. These challenges are contributing to declining agricultural production and worsening water shortages.

In its national strategy to tackle climate change, Egypt aims to strengthen its adaptation capacity and increase the share of renewable and alternative energy in its energy mix. It also plans measures to reduce greenhouse gas emissions in order to protect citizens.

Schneider Electric is leading several major initiatives in Egypt, including the launch in February 2024 of a project to build 1,000 housing units equipped with smart solutions designed to help reduce emissions. The partnership will rely on advanced technologies, including solar energy and Internet of Things (IoT) solutions, to optimize operational efficiency and improve the sustainability of resources.

Lydie Mobio

On the same topic
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
Coffee, cocoa price slump leaves 1,500 tonnes unsold in Togo Cocoa prices fall sharply, halving exports year-on-year Sector urges coordinated losses...
Egypt signs Schneider Electric pact to advance green economy transition 2026-2029 partnership supports climate-resilient agriculture and food...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.