Latest news with #MatteiPlan


See - Sada Elbalad
3 days ago
- Business
- See - Sada Elbalad
EU Ambassador Highlights Key Role in Supporting Egypt's Agricultural Development
Taarek Refaat Angelina Eichhorst, the European Union Ambassador to Egypt, emphasized the EU's pivotal role in supporting agricultural and rural development in Egypt, through over 15 projects, including the Caffè Program, implemented in collaboration with Italian cooperation. Eichhorst reaffirmed the EU's commitment to supporting Egypt's efforts in ensuring sustainable food systems, high-quality food, and accessibility for all. At the signing ceremony of a new protocol between the Italian Agency for Development Cooperation and the Agricultural Research Center in Egypt, Minister of Agriculture and Land Reclamation Alaa Farouk expressed his confidence in the program's potential to strengthen crop production, especially wheat, as part of the broader EU-backed Caffè initiative. Strengthening Partnerships for Agricultural Innovation During the event, Michele Quaroni, the Italian Ambassador to Egypt, renewed Italy's steadfast commitment to enhancing its partnership with Egypt in the agricultural and rural development sectors. He highlighted the alignment with Italy's Mattei Plan, a comprehensive strategy that aims to support Egypt's sustainable agricultural development by fostering knowledge exchange, investing in innovation, and promoting sustainable farming practices. This initiative is crucial to driving inclusive growth and ensuring food security for the country. Ambassador Quaroni stated, 'Italy continues to back Egypt's agricultural transformation through collaborative efforts that focus on sharing expertise, introducing advanced technologies, and promoting sustainable practices in agriculture.' Focus on Wheat Production and Agricultural Innovation Tiberio Chiari, Director of the Italian Agency for Development Cooperation in Cairo, also highlighted that the signed memorandum of understanding represents a critical milestone in the ongoing collaboration between the agency and Egypt's Agricultural Research Center. This partnership aims to enhance Egypt's wheat sector infrastructure by providing modern agricultural machinery, upgrading wheat breeding labs, and establishing seed production factories. The partnership will also work toward modernizing the agricultural practices in Egypt, which is essential to ensuring the long-term sustainability of the country's wheat supply—a vital crop for Egypt's food security. Shared Vision for Sustainable Agriculture The Caffè Program, part of the EU's broader strategy for agricultural and rural development in Egypt, focuses on sustainable practices that support local farmers and rural communities. With projects like these, the EU is playing a significant role in addressing the challenges of food security and agricultural productivity in Egypt, helping the country advance its sustainable development goals. Minister Farouk emphasized that the collaboration with Italy and the EU aligns with Egypt's ongoing efforts to modernize its agricultural infrastructure and improve production capabilities, making it an essential step toward a self-sufficient and food-secure future. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream


Daily News Egypt
6 days ago
- Business
- Daily News Egypt
Egypt and Italy mark 50 years of science partnership, discuss future cooperation
Egypt and Italy have marked 50 years of a scientific and technological partnership at a workshop in Cairo, where officials and researchers from both countries discussed future collaboration in strategic sectors including energy and water management. The event, organised by the Italian Embassy in Cairo and Egypt's Science, Technology and Innovation Funding Authority (STDF), reviewed the achievements of the long-standing cooperation agreement and outlined future plans. In a statement from the Ministry of Higher Education and Scientific Research, Minister Ayman Ashour said the cooperation between Egypt and Italy was a distinguished model of an effective bilateral partnership. He said it reflected Egypt's commitment to international cooperation and innovation to support its sustainable development plans and 'Egypt Vision 2030.' The event opened with remarks from Giuseppe Papalia, head of Economic, Scientific and Cultural Affairs for Italy in Egypt, and Walaa Sheta, the CEO of the STDF. Sheta said the Egyptian-Italian executive programme had been one of the most successful models of bilateral cooperation, supporting joint research projects in strategic areas such as renewable energy, water management, smart cities, and cultural heritage protection. He added that the STDF would continue to support this cooperation to include more priority specialisations. The workshop included video messages from international figures including Nasser Kamel, Secretary-General of the Union for the Mediterranean, and Angelo Riccaboni, chairman of the PRIMA Foundation. A session on the STDF's strategic pillars outlined the main areas of cooperation with Italy within the 2024–2026 executive programme. Egyptian researchers presented the results and applications of ongoing joint research projects in the fields of water management, agriculture, food technology, materials science and engineering, renewable and sustainable energy, and modern technologies applied to cultural and natural heritage. A second session focused on opportunities for cooperation in international education, technology transfer, and the integration of scientific research with industry. Participants included Italian universities such as Trieste, Marche Polytechnic, Pegaso, and Calabria, alongside industrial firms including Leonardo Space, Eni, and El-Sewedy University of Technology. The workshop concluded with a panel discussion on the future of cooperation in light of the bilateral agreement, Italy's 'Mattei Plan,' and the research policies of the European Union. The event also featured an exhibition titled 'Heritage and New Technologies,' which highlighted the role of archaeological missions in supporting Egyptian-Italian scientific cooperation.


Al Etihad
11-07-2025
- Business
- Al Etihad
UAE strengthens strategic partnerships, signs key arrangements at Ukraine Recovery Conference 2025 in Rome
11 July 2025 18:15 ROME (WAM)The United Arab Emirates reaffirmed its enduring commitment to Ukraine's recovery and to strategic international cooperation at the 2025 Ukraine Recovery Conference (URC) in UAE delegation was led by Reem bint Ebrahim Al Hashimy, Minister of State for International by the Governments of Italy and Ukraine, this year's conference provided a vital platform to align global efforts in support of Ukraine's recovery, reconstruction, and long-term resilience. The UAE also welcomed Poland as the host of URC 2026, underscoring the importance of continuity in this collective her address, Al Hashimy stated, 'The UAE joined last year's conference in Berlin with a strong sense of purpose, and we view this annual platform as a valuable space for continuity, cooperation, and support for global recovery efforts.'On the sidelines of the conference, Al Hashimy met First Lady Olena Zelenska, where the UAE signed a new set of collaborative programmes with the Olena Zelenska Foundation. These initiatives will enhance psychosocial services, expand access to education, and create safe spaces for children affected by the conflict—underscoring the UAE's people-first approach to humanitarian UAE also concluded a trilateral declaration with Italy and Ukraine aimed at strengthening Ukraine's institutional capacities and fostering women-led small businesses. Developed in coordination with Deputy Prime Minister Yuliia Svyrydenko and Italian Deputy Foreign Minister Edmondo Cirielli, the declaration establishes joint technical cooperation in digital transformation, vocational training, and governance, while ensuring that women's economic empowerment remains a cross-cutting the UAE and Italy signed a declaration to widen support for children, adolescents, and young adults in Ukraine. The initiative focuses on educational and psychosocial assistance and the renovation of protective shelters, delivered in partnership with the Olena Zelenska Foundation and other humanitarian their broader development agenda, the UAE and Italy also agreed to co-finance flagship projects across Africa under the Mattei Plan and the Rome Process. Planned activities include climate-smart enhancements to Ethiopia's coffee sector and a climate-resilient farming programme in Côte d'Ivoire's Zanzan district, in collaboration with the African Development Bank and the UAE witnessed the signing of a major private sector agreement between UAE-based Khazna Data Centers and Italian energy giant Eni, for the development of a 500 MW AI Data Center Campus in Lombardy. The facility will be powered by low-carbon 'Blue Power' and forms part of a broader strategic partnership announced during the UAE–Italy state visit earlier this Hashimy held additional bilateral meetings with Italy's Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, reaffirming the strength of UAE–Italy relations and exchanging views on regional developments and multilateral also met Adolfo Urso, Minister of Enterprises and Made in Italy, to explore deeper investment ties and new avenues for private-sector URC 2025, the UAE underscored its longstanding engagement in Ukraine, including the delivery of critical humanitarian aid, the establishment of 20 homes for orphaned children, and the mediation of more than 15 prisoner-exchange operations that have reunited over 4,181 individuals with their UAE's belief in Ukraine's long-term resilience is also reflected in its economic commitment—as the only country to have signed a Comprehensive Economic Partnership Agreement (CEPA) with Ukraine since the conflict began in February Hashimy concluded her remarks by saying, 'To us, recovery is not simply about rebuilding—but about supporting the conditions for long-term stability. That includes restoring trust, dignity, and local agency.'The UAE remains committed to working alongside Ukraine, Italy, and the wider international community to ensure that recovery efforts are inclusive, sustainable, and grounded in shared humanity.

Zawya
24-06-2025
- Business
- Zawya
Adesina spotlights African Development Bank's role in delivering Mattei Plan and Global Gateway investments across Africa to drive industrial growth
African Development Bank Group ( President Dr. Akinwumi Adesina has reaffirmed the Bank's central role in advancing Africa's connectivity, industrialization, and regional integration through strategic investments aligned with Italy's Mattei Plan and the European Union's Global Gateway initiative. Speaking at the joint Mattei Plan–Global Gateway Summit ( held in Rome on Friday 20 June, Adesina emphasized the progress made by the African Development Bank in turning strategic priorities into action—from infrastructure and energy to digital connectivity and value chains. He called for greater alignment between partners and accelerated delivery on the ground, noting that the Bank's investments are already helping reshape regional trade and economic resilience. He underscored for instance the Bank's catalytic role in the Lobito Corridor, with $1 billion committed over five years for value chain development and urban infrastructure. He also mentioned the development of the Tanzania–DRC–Burundi railway network, where the Bank is helping mobilize a $3.9 billion package alongside international partners. These efforts, he noted, reflect a coherent strategy to transform Africa's economic geography through inclusive, green growth Stretching from the Atlantic port of Lobito in Angola to the heart of the continent, the Lobito Corridor is a vital route for moving minerals, goods and people across Angola, Zambia, and the Democratic Republic of Congo—unlocking huge trade and industrial opportunities for landlocked countries. These developments were highlighted as international partners gathered to align efforts around new cooperation frameworks—the European Union's Global Gateway ( and Italy's recent Mattei Plan ( aim to deepen investment with Africa in energy, agriculture, infrastructure, and digital innovation. Adesina reaffirmed the Bank's role as a key implementing partner for both initiatives. The Mattei Plan, launched by Italy in 2024, is designed to foster equal partnerships with African countries, with a focus on strategic sectors including energy, agriculture, and migration. The Global Gateway, the EU's €300 billion investment strategy, similarly targets infrastructure development worldwide, with €150 billion earmarked for Africa. A cornerstone of this implementation is the operationalization of the Rome Process/Mattei Plan Financing Facility, which is a dedicated mechanism hosted by the Bank to accelerate climate-resilient infrastructure projects. The Facility's inaugural Governing Council has already met and approved an initial pipeline of operations across energy, water, and transport sectors. 'We have established a Special Fund, and its inaugural Governing Council has already met to begin evaluating projects, including the Lobito Corridor ( Adesina said. Underscoring the Bank's leadership, he noted that Africa's premier development finance institution has invested more than $55 billion in infrastructure over the past decade, making it the largest financier of regional transport corridors in Africa. European Commission President Ursula von der Leyen reaffirmed the EU's long-term commitment: 'Global Gateway is an investment agenda that combines public and private capital... Africa is a continent of abundance—what's missing is connectivity.' Italian Prime Minister Giorgia Meloni added: 'These are not top-down initiatives, but concrete projects shaped through dialogue and a shared desire for lasting development. The approach Italy has implemented is clear: respect, responsibility, vision.' A key pillar of this transformation, Adesina noted, is energy access. He highlighted Mission 300, the joint African Development Bank—World Bank initiative to connect 300 million Africans to electricity and announced ongoing negotiations for a €165 million package with the European Commission to scale up renewable energy under the program. Adesina urged donors to support a robust 17th replenishment of the Bank Group's soft loan arm for low-income countries -- the African Development Fund – scheduled for this year, to sustain the momentum of the Mattei Plan and Global Gateway. He concluded: 'Together, let us do more with Africa.' In a related development, the African Development Bank has signed a Letter of Intent with the Government of Zambia to advance the development of the Lobito Corridor, a transformative regional transport initiative connecting Southern and Central Africa. The project entails the construction of approximately 550 km of railway from Chingola in Zambia's Copperbelt to the Angolan border, as well as the upgrading of 260 km of road between Chisese and Jimbe via Mwinilunga. The initiative builds on a broader Memorandum of Understanding between the Bank, Zambia, Angola, the Democratic Republic of Congo, and international partners including the United States, the European Commission, Italy, and the Africa Finance Corporation. It aims to strengthen regional trade, improve transport infrastructure, and drive economic integration across the region. Distributed by APO Group on behalf of African Development Bank Group (AfDB). About the African Development Bank Group: The African Development Bank Group (AfDB) is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 44 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states.


El Chorouk
22-06-2025
- Business
- El Chorouk
Brussels supports Italy's influence in Africa to fill the void left by France
Italian Prime Minister Giorgia Meloni has succeeded in pushing the European Union to support Rome's efforts to enter Africa through the 'Mattei Plan', which began in Algeria and included many sensitive sectors, such as energy, infrastructure, transport, defense, and space. This plan coincided with the decline of French influence in its former stronghold on the African continent. The Italian Prime Minister chaired a summit attended by the President of the European Commission, Ursula von der Leyen, which focused on the 'Mattei Plan'. This project has economic dimensions but also branches out to include other dimensions, including combating migration. Rome believes that the solution to this problem lies in establishing wealth-generating economic projects and job opportunities in Southern Mediterranean countries to reduce migration. This approach is completely contrary to the French approach, which is based on perpetuating the dependence of Southern countries and stealing their wealth under justifications and considerations inherited from the defunct colonial era. In the view of Europeans, the French approach to dealing with Southern countries, based on guardianship and control, has brought many problems to the old continent, including the problem of migration. This policy has led to Paris losing its strongholds in the African continent, in Algeria, the Sahel region, and sub-Saharan countries. This has caused the European Union to lose an old influence, which Brussels is now trying to regain through the Italian 'Mattei Plan', which has been welcomed in many African countries, including Algeria. The 'Mattei Plan' is based on mobilizing 5.5 billion euros for initiatives distributed across 14 countries, in the form of grants, loans, or guarantees over several years, as well as strong partnership projects in the energy sector, as is the case between Algeria's Sonatrach and Italy's Eni, in addition to other projects in the agricultural sector in southern Algeria, as is known. In this regard, Giovanni Carbone, a professor at the University of Milan and head of the Africa program at the Institute for International Political Studies, believes that Italy can diplomatically present itself as a more 'acceptable' entity compared to France to represent European interests, especially in the Sahel countries that have 'closed their doors' to the former colonial power. Meanwhile, a spokesperson for the European Commission told Agence France-Presse (AFP) that 'the Mattei Plan constitutes an important contribution to this European project, which includes funding worth up to 150 billion euros.' For his part, former diplomat and expert in African affairs, Mr. Noureddine Djoudi, said in statements to 'Echorouk' that the historical relations between Algeria and Italy, based on trust, which were established by the late Tayeb Boulahrouf, will help make the 'Mattei Plan' a success. He added that the Algiers-Rome axis, which has been strengthened by the keenness of President Abdelmadjid Tebboune, will make Algeria Italy's gateway to the heart of the African continent, as Paris loses more of its eroding influence. Among the points that will also help advance this plan, says Noureddine Djoudi, are the principles on which Italy's foreign policy is based, which exclude considerations of guardianship and influence from its lexicon, as is the case with France's foreign policy, which has become more exposed than ever before in the African continent. In this context, he referred to the role played by Enrico Mattei, the architect of Italy's relationship with third-world countries, including Algeria, who handed over highly important files to the Provisional Government of Algeria when it was in difficult negotiations with the French authorities for independence. Paris wanted to separate northern Algeria from its oil-rich south, and then keep it as a French province. However, the documents handed over by Mattei to the Provisional Government were sufficient to end the French conspiracy. According to the retired diplomat, the energy cooperation between Algeria and Rome is a fruit of Mattei's historical efforts and the plan of the current Italian government headed by Giorgia Meloni, which is keen to preserve that heavy legacy, from which it reaps much benefit today, and has become an exclusive distributor of Algerian gas to the heart of Europe.