The French Government authorized AFD’s intervention in Egypt in 2004. The Agency started project identifications in 2005. In April 2006, AFD and the Ministry of International Cooperation signed an Framework Agreement, approved by Presidential Decree and ratified by the Parliament; the agreement entered into force in February 2007. Photo © Ed Yourdon
137 million EUR for financing projects in Egypt on the occasion of the visit of the Executive Director for Operations of the French Development Agency
On the occasion of a visit to Egypt on March 24, 2014, the Executive Director for Operations of the French Development Agency (AFD), Mr. Jean-Marc Gravellini and Mr. Nicolas Galey, Ambassador of France in Egypt signed with Mr. Ashraf El-Arabi, the Egyptian Minister of Planning and International Cooperation, a financing agreement of 80 million EUR for a project aiming to support employment and improve living conditions in poor neighborhoods
On Monday November 25th, 2013, KfW Entwicklungsbank (the German Development Bank), the European Union (EU), the French Development Agency (AFD), the European Investment Bank (EIB), the Swiss State Secretariat for Economic Affairs (SECO), and the Egyptian Ministry of International Cooperation signed the Umbrella Agreement for the Improved Water and Wastewater Services Programme II (IWSP II).
The programme will be implemented in four governorates in Upper Egypt, namely, Qena, Sohag, Assiut and Minya. It will include a large number of projects for the rehabilitation of existing water and sanitation facilities, as well as the construction of new infrastructure.
These projects will contribute to improve the health status of the population in the target governorates through providing access to adequate and clean drinking water and safe sanitation for about 15.3 million people. The programme will also help towards the protection of the environment by reducing the sewage pollution load affecting the quality of water resources in Egypt.
The programme is jointly financed by Germany through KfW (as the lead financing institution), the EU, France through AFD, the EIB, SECO and the Government of Egypt (GOE). The total cost of the programme is estimated at EUR 303 million, of which EUR 209 million are contributed by the European Development Partners and EUR 94 million by the GOE. IWSP II shares a similar structure to IWSP I which has been under implementation since 2010 in four governorates in the Nile Delta namely, Sharkia, Gharbia, Damietta and Beheira.
The total cost of IWSP I is estimated at EUR 295.1 million, which is jointly financed by the German government via KfW, France via AFD, the EIB, the European Union and the GOE. From the IWSP I, 21 projects are currently under implementation by Egyptian contractors and consultants.