Egypt's Ministry of Planning on Tuesday released detailed allocations for the €123 million in concessional financing and technical grants signed with Germany, outlining support for projects spanning energy transition, SME development, migration governance and climate resilience. The ministry said the package — finalised during intergovernmental talks in Berlin — will fund programmes across ten sectors, with a strong focus on industrial localisation, innovation and technology, economic development, scientific research, and renewable energy. Planning Minister Rania Al-Mashat said the newly published details highlight "innovative financing streams" designed to advance national priorities, adding that Cairo is maintaining "continuous coordination" with Germany to activate the outcomes of the negotiations and expand the economic partnership. According to the ministry, a significant share of the funding will go to the Green Energy Transition Programme II under the NWFE Platform, supporting renewable power generation and grid modernisation. Germany will also finance a coastal adaptation programme to reinforce Egypt's shoreline against erosion, flooding and sea-level rise. Urban development projects include an urban infrastructure capacity-building initiative aligned with Egypt's Vision 2030, aimed at upgrading informal areas through integrated planning and climate-resilient design. In education and labour markets, the Global Competencies in Egypt Programme will advance technical education and prepare skilled workers for domestic and international opportunities. Germany will also back a migration project to establish sustainable and fair labour mobility pathways between Egypt and Europe, building on the Egyptian-German Centre for Jobs, Migration, and Reintegration (EGC). The initiative includes support for reintegration of returnees and skills development for migrants, refugees and host communities. Further allocations cover agricultural innovation, including climate-smart farming and green agribusiness; strengthening national quality infrastructure to improve SME export competitiveness; and additional funding for the JP-SME Programme to boost job creation and industrial investment. Water and agriculture projects include Phase IV of the National Drainage Programme, aimed at improving agricultural water use efficiency and raising small farmers' incomes. Social development, gender equality and digital transformation initiatives — including support for youth participation and e-government reforms — are also part of the financing package. Attribution: Amwal Al Ghad English
