• 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
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Nigeria plans Coventry University campus in Lagos with admissions expected in late 2026 Initiative aims to reduce outbound education spending and...
Nigeria signs $496 million dairy investment deal with Asset Green Project includes 20,000-hectare complex, 10,000 cows, processing...
Morocco forecasts economic growth rising to 5.6% in 2026 Outlook driven by agriculture rebound and resilient non-farm activity Inflation...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treatment, energy recovery in Douala and...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...