Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Participates in 8th Annual Meeting of the NDB at the headquarters in China

Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat is participating in the annual meetings of the New Development Bank (NDB) 8th session, held at its headquarters in Shanghai, China, on May 30th and 31st. This is in light of the role played by the Ministry to strengthen development cooperation relations with multilateral and bilateral development partners and promote a national development vision that is consistent with the UN SDGs.

Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Holds Bilateral Discussions with AfDB President Akinwumi Adesina At the Bank’s 58th Annual Meetings in Sharm El-Sheikh

The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, held a bilateral discussion with the President of the African Development Bank (AfDB), Akinwumi Adesina, as part of the bank’s 58th annual meetings, which concluded yesterday in Sharm El-Sheikh.

During the Annual Meetings of the African Development Bank (AfDB) in Sharm El-Sheikh: Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Meets US Treasury, Djibouti’s Economy Minister , VP of Citibank & Director of the African Legal Support Facility (ALSF)

Within the framework of H.E.’s bilateral meetings with multilateral and bilateral development partners, at the 58th African Development Bank (AfDB) meetings in Sharm El-Sheikh, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat held a number of bilateral meetings to strengthen economic relations with development partners.

The Minister of International Cooperation، H.E. Dr. Rania A. Al-Mashat: “Egypt is the first country to benefit from the guarantee available from the United Kingdom to the African Development Bank (AfDB) to finance climate projects in Africa and to promote the implementation of Nationally Determined Contributions (NDCs)

The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, witnessed the announcement of the United Kingdom and the AfDB about the first tranche of projects benefiting from the United Kingdom’s guarantee to support the AfDB in financing climate projects on the continent, including the provision of a guarantee of €80 million, to cover part of the financing provided by the bank for the implementation of the third phase of the Al-Gabal Al-Asfar water treatment plant project. This enhances the bank’s ability to expand financing of other projects in the fields of mitigation and adaptation in Egypt, within the framework of the guarantee that was announced during COP26, at a value of $2 billion. The bank aims to increase climate financing in the countries of the African continent until 2027, and to enable countries to implement their NDCs, divided between efforts and projects to mitigate and adapt to the repercussions of climate change.

In the presence of 50 development partners and heads of international organizations and United Nations agencies, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, and Executive Director of the African Union Development Agency (NEPAD) chaired a high-level panel discussion on promoting economic integration in Africa through South-South and Triangular Cooperation

During the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, and Nardos Bekele-Thomas, Executive Director NEPAD, chaired a high-level panel discussion on promoting economic integration in Africa through South-South and Triangular cooperation, to present Egypt's efforts and strategy to enhance South-South and triangular cooperation in Africa. The meeting also highlighted the South-South and Triangular Cooperation Academy (SSTC) that the Ministry relaunched with the United Nations Development Program (UNDP) in 2021, and to discuss efforts to enhance Triangular cooperation in Africa to advance development efforts and enhance comprehensive partnerships to meet development challenges.

During the Annual Meetings of the African Development Bank (AfDB) in Sharm El-Sheikh, the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat Held Several Bilateral Meetings with Multilateral and Bilateral Development Partners

Within the framework of the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat’s meetings with multilateral and bilateral development partners to enhance development efforts and development cooperation, during the activities of the annual meetings of the AfDB in Sharm El-Sheikh, to strengthen bilateral relations with multilateral and bilateral development partners, H.E. met with UK’s Minister for International Development and Africa Andrew Mitchell, Canada’s Minister for International Development Harjit Sajjan, Bjørg Sandkjær, Minister of State for International Cooperation at the Norwegian Ministry of Foreign Affairs, Nardos Bekele-Thomas, Executive Director of the NEPAD and Bärbel Köfler, Parliamentary State Secretary of the German Federal Ministry for Economic Cooperation and Development.

Within the framework of bilateral meetings at the annual meetings of the African Development Bank (AfDB), the Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat, meets with the Executive Director of the French Development Agency (AFD) to discuss strengthening joint cooperation and ongoing development cooperation portfolio

The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, continued her bilateral meetings with multilateral and bilateral development partners, within the activities of the annual meetings of the AfDB in Sharm El-Sheikh, where she met Rémy Rioux, Executive Director of the AFD and Clémence Vidal de la Blache, Country Director of the AFD in Egypt, where the two sides discussed the ongoing development cooperation portfolio and the projects to be implemented. They also looked into “New Global Financial Pact” upcoming event that will be held next June in Paris, in light of the growing global call to reconsider international financing during COP27, which is taking place in cooperation with the G7 Presidency, the G20 Presidency, and the COP28 Climate Conference Presidency.

Within the activities of the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, Discussed Upcoming Development Cooperation Strategy with the VPs of the Asian Infrastructure Investment Bank (AIIB)

The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, met with the two vice-presidents of the AIIB, Ludger Schuknecht, Vice President of the Bank for Infrastructure Investment and Executive Secretary of the Bank, and Konstantin Limitovskiy, Vice President of the Bank for Investment Operations, with the participation of the technical teams of the Ministry of International Cooperation and the bank as part of their participation in the activities of the annual meetings of the AfDB, held in Sharm El-Sheikh from 22-26 May.

During the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat discussed future cooperation strategy with VP of the Korean Export-Import Bank for the joint annual policy dialogue set next June

The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, held a bilateral discussion session with Sang Ho Lee, Vice President of the Export-Import Bank of Korea, during the activities of the 58th annual meeting of the AfDB, held in Sharm El-Sheikh. The meeting discussed ways to enhance cooperation and future between the two sides, in light of the strategic relations between the Arab Republic of Egypt and South Korea, and the keenness of the leaders of the two countries to move forward towards diversifying relations to advance development efforts.

Within the preparations for the launch of the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat delivers the keynote speech at the panel discussion on "Mobilizing Blended Finance to Facilitate the Green Transition in Emerging Economies"

The Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat delivers the keynote speech at the panel discussion on "Mobilizing Blended Finance to Facilitate the Green Transition in Emerging Economies," as part of the preparations for the annual meetings of the AfDB, which start on May 23 in Sharm El-Sheikh, and will continue until May 26th, in the presence of Hassan Abdullah, Governor of the Central Bank of Egypt.

During a high-level event within the framework of the preparations for the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh, with the participation of the bank’s President, Akinwumi Adesina, the Minister of International Cooperation, H.E. Dr. Rania A. Al-Mashat, participates in a panel discussion on the "Pharmaceutical Technology Foundation (APTF)" initiative

During the EBRD Annual Meetings in the presence of the President of Uzbekistan & the President of EBRD: The EBRD Highlights Partnership with Egypt to support Digital Transformation Efforts in the Suez Canal Economic Zone.. In her speech, the EBRD President Refers to the Energy Pillar of the NWFE Program

The development cooperation programs and partnerships between the Arab Republic of Egypt and the European Bank for Reconstruction and Development (EBRD) witnessed widespread applause during the bank’s 32nd annual meetings, held in Samarkand, Uzbekistan. During the meeting, the EBRD presented a film about the digital transformation efforts of the General Authority for the Economic Zone of the Suez Canal, among projects in 4 countries, Uzbekistan, Georgia and Slovakia, during the main session of the bank’s annual meetings, in the presence of H.E. Shavkat Mirziyoyev, President of the Republic of Uzbekistan, Ms. Odile Reno Basu, President of the EBRD, and representatives of 71 member countries of the Bank, along with H.E. Dr. Rania A. Al-Mashat Minister of International Cooperation and Governor of Egypt at the Bank.

Minister of International Cooperation and Governor of Egypt at the EBRD H.E. Dr. Rania A, Al-Mashat Meets Bank Leaders to Discuss Strengthening Joint Cooperation & Future Projects

Within the activities of the annual meetings of the European Bank for Reconstruction and Development (EBRD), which were held in Samarkand, Uzbekistan, Dr. Rania A. Al-Mashat, Minister of International Cooperation and Governor of Egypt at the EBRD, met with bank heads to discuss areas of joint cooperation and enhance future cooperation in light of the state’s priorities and the country’s strategy between the two countries for 2022-2027.

During the Annual Meetings of the European Bank for Reconstruction and Development (EBRD) in Uzbekistan, Minister of International Cooperation and Governor of Egypt at the EBRD, H.E. Dr. Rania A. Al-Mashat, met German & French government officials and the European Investment Bank (EIB).

Minister of International Cooperation and Governor of Egypt at the EBRD, H.E. Dr. Rania A. Al-Mashat, met with the heads of delegations of the German and French governments, and the EIB, on the sidelines of the annual meetings of the EBRD, which were held in Samarkand, Uzbekistan.