S&P raises OPEC Fund rating after signing new $600mln financing
S&P Global Ratings, an international ratings agency, raised the long-term issuer credit rating of the OPEC Fund…
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Food Security
Egypt hosts food security session at COP28
The Egyptian pavilion at COP28 held a session on Sunday called “Food Security in the Face of Climate Change," which…
UK announces new initiative to develop climate resilient crops
British Prime Minister Rishi Sunak announces a new scientific project aimed at consolidating efforts to develop…
IFC, OCP Group launch $800m agri-finance platform
The International Finance Corporation (IFC) and Moroccan fertilizer giant, Office Chérifien des Phosphates (OCP…
OPEC Fund offers $10mln to support food security in Egypt
The OPEC Fund for International Development offered $10 million to support food security in Egypt on Tuesday.
UK pledges $73mln for Nigeria’s food security
UK Foreign Secretary James Cleverly announced on Wednesday a $73 million aid package to boost food security in…
AfDB approves $11.7mln to fertilisers for African farmers
The African Development Bank’s (AfDB) board has approved on Tuesday a $11.7 million budgetary allocation to the…
Sisi discusses nuclear plant, grains trade with Russian officials
Egypt’s President Abdel Fattah al-Sisi held talks with Russia's trade minister and a special envoy of President…
Egypt contracts 240K tons of Russian wheat
Egypt’s state grains buyer GASC said on Wednesday that it has contracted 240,000 tons of Russian wheat in an…
Cairo Food Summit takes place on February 27
The first edition of Cairo Food Summit will take place on February 27 under the auspices of Egypt's Ministers of…