Egypt’s Int’l Co-op. Ministry Signs US$ 2 Mln Grant Agreement With AfDB

The Egyptian Minister of Planning and International Cooperation, Dr Amr Darrag, has signed a cooperation agreement with African Development Bank during his participation in the bank’s meetings in Morocco which will offer US$ 2 million grant to the Social Fund for Development (SFD) to finance micro, small and medium enterprises.

The project aims to create a positive atmosphere to boost these enterprises which have potential to achieve economic growth and create many jobs especially for women and youth.