The Egyptian government announced it has restored food subsidies to 1.8 million people since February this year. The announcement came after President Abdel Fattah al-Sisi tweeted he understood the negative impact of subsidy cuts for some citizens.
“I understand the stance of the citizens who have been negatively affected by the filtration of the subsidy cards and being removed from them,” Sisi said.
The government said earlier it wants to tighten conditions to access subsidies, now including the number of children enrolled in foreign schools or the monthly consumption of electricity per capita. But al-Sisi said food subsidy is a “the politically-sensitive matter.”
In 2019/2020, the Egyptian government is expecting to allocate EGP89 billion ($5.4 billion) to its food subsidy program. Of this amount, EGP52 billion ($3 billion) will be used to subsidize bread. Other subsidies will be allocated to beef, rice, sugar, poultry, and cooking oil.
Espoir Olodo
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Nigerian President Bola Ahmed Tinubu will travel to Turkey on Jan. 26, 2026, for a state visit. Nigeria and Turkey plan to sign multiple...
Ghana signed a strategic partnership with Google to integrate AI tools in local languages into the national education system. The program will...
Senegal inaugurated a 16 MWp solar plant coupled with 10 MW / 20 MWh battery storage in northern Saint-Louis. The €40 million project marks...
Nigeria launched the official application portal for its Cabotage Vessel Financing Fund, reviving a scheme dormant for nearly 20 years. The fund...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...