In 2020, the Ministry of International Cooperation secured $9.8 billion in development financing that meet various targets by 2030, led by H.E. Dr. Rania A. Al-Mashat

“This year has been a challenge for every individual and a test for every nation around the world. However through the power of collaboration, bridging economic cooperation and expanding growth moved Egypt’s development plans forward,” says H.E. Dr. Rania A. Al-Mashat.

While the pandemic may have been a health shock, it did not derail Egypt from its development goals. In 2020, the Ministry of International Cooperation secured $9.8 billion in development financing that meet various targets by 2030.

Through redesigning development finance to ensure that collectively, international partners, the private sector and civil society - achieve a world that is more inclusive, the ministry secured more than $6.7 billion secured for financing sovereign projects and $3.1 billion in support of the private sector.

To move forward with a progressive vision in a hyper-connected, fast-moving, and digitalized world, we go back to the wisdom rooted in our culture symbolized by the sacred Ancient Egyptian ‘Ibis’ associated with Thoth, the God of Wisdom. In the Ministry of International Cooperation’s Wisdom 17 end of year event launching the 2020 annual report, H.E. Dr. Rania A. Al-Mashat celebrated the year’s achievements and progress; charting the path ahead.

In the Ministry’s Annual Report for 2020 titled “International Partnerships for Sustainable Development: Writing the Future in a Changing Global Dynamic”, there is a detailed breakdown of the year from start to finish; telling the stories of Egypt’s development, multilateral cooperation, Economic Diplomacy doctrine, COVID-19 response plan, and allocation of financing to sector aligned with its corresponding Sustainable Development Goals (SDGs).

Led by H.E Dr. Rania A. Al-Mashat, the Ministry of International Cooperation remained committed to chart progress towards the 17 UN SDGs.

Through Economic Diplomacy, the ministry pushes the frontiers of multilateralism and cooperation by strengthening inclusive multilateral and bilateral engagement with development partners, governments, global policy makers, the private sector and the civil society to achieve a circular economy.

Through the annual report, the ministry showcases how shifting mindsets through Economic Diplomacy and its three pillars;  multi-stakeholder platforms, ODA SDG Mapping, and the Global Partnerships Narrative: People at the Core, Projects in Action, and Purpose as the Driver, paved the way for sectoral development and in establishing a concise and transparent communication platform.  

This year, while flatting both the health and recession curves due to COVID-19 through Egypt’s Response and Rebuild Strategy, reform was underway in health, agriculture and food security, gender equality, education, infrastructure, transportation, energy, water, micro, small and medium enterprises (MSMEs), Sinai and the private sector. All of which paved the way for understanding the need for digitalization and helped establish what can be referred to as ‘the jobs of tomorrow’.

The aforementioned is made possible through multilateralism and continued cooperation with development partners. Twinned with the global goals, multilateralism builds for sustainable and inclusive economic development, efficiently. As 2030 is only 9 years away, partnerships in accelerating the goals are key.

It is through realizing a “Great Reset” for sustainable development that the world can co-create a greener, more circular economy to foster inclusive growth. Hand in hand with transparent governance, the future of Egypt is brighter, greener, inclusive, and digital.





Ministry of International Cooperation Launches New Interactive Website to Track Egypt’s SDG-Aligned Development Story

Link to the website: http://www.moic.gov.eg

In line with the release of the 2020 Annual Report titled, ‘International Partnerships for Sustainable Development’, Ministry of International Cooperation launches a new interactive website to visualize Egypt’s SDG-aligned development story; the first of its kind that tracks Egypt’s development according to the global sustainable development goals.

As all countries embark on a decade of action until 2030 to achieve the SDGs, the website aims to bridge Egypt’s local success stories with global and local audiences to provide ready-made roadmaps and blueprints for all countries to follow.

It showcases Egypt’s development through a multilateral lens; illustrating how the Ministry of International Cooperation works to apply the principles of economic diplomacy and foster inclusive partnerships to push Egypt’s development forward in partnership with governments, international development partners, the private sector and civil society.

To measure Egypt’s progress in achieving sustainable development, the website uses various interactive approaches to make it easier for audiences to digest.

First, through an interactive map of Egypt, the website allows the user to track the progress and projects being implemented for each SDG goal; exploring each SDG individually to see the number of projects and partners involved to achieve the targets of the goal.

Second, for each sector, examples of concrete projects through data-driven stories are provided as well; illustrating how Egypt is moving along global trends and development priorities for the next decade in key sectors such as agriculture, transport, energy, health, SMEs and gender equality.

Food security has gained increased significance today, particularly due to the increasing global challenges of delivering sufficient food to populations. In the ‘The Future Breadbasket’ page, the website looks at how Egypt is looking beyond just feeding communities, but also empowering communities and strengthening agriculture value chains into “smart farming” to achieve a circular economy.

In 2020, the Ministry of International Cooperation secured $100 million in agriculture, irrigation, and national supply through the AFD, EBRD, USAID, OPEC Fund for International Development and bilateral cooperation with Germany.

As transportation is a prerequisite for Egypt’s social and economic development, the ‘Redefining Safe and Better Transportation’ page demonstrates how Egypt is promoting sustainable transport to improve people’s productivity by connecting them to jobs, schools and healthcare, and delivering goods and service to rural and urban communities.

In 2020, the Ministry of International Cooperation secured $1.794 billion in development financing in support of the transportation sector, with development partners that include the EIB, AFD, EBRD, China, and Kuwait Fund for Arab Economic Development (KFAED).

Inclusive green growth has also become increasingly pertinent. In the ‘Think Green, Act Green’ page, Egypt’s strategy to reinvigorate green growth is reflected in several national strategies and success projects, particularly the Benban solar park. In Egypt, there are 34 projects within the Ministry of International Cooperation’s portfolio answering to SDG 7: Affordable and Clean Energy with a total of $5.95 billion, thus making up for 23.2% of the ODA; the highest ODA financing.

According to the annual report by the Ministry of International Cooperation in 2020, the ministry secured development financing agreements worth $9.8 billion during the year; $6.7 billion for financing sovereign projects, and $3.1 billion in support of the private sector.