Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation of Egypt, discussed expanding cooperation with the Food and Agriculture Organization of the United Nations (FAO) in the areas of sustainable agriculture, food security, and climate projects

Al Dahra – Egypt, one of the largest and most innovative strategic investors in the sustainable agriculture sector, is planning to back food security and economy in Egypt.

Minister of Agriculture and Land Reclamation Alaa Farouk presented the ministry’s initiatives to bolster food security and achieve sustainable development during a general session of the House of Representatives.

Fish is a very important meal in Egypt, and is considered an important source of protein in Egyptian culture. The fishery sector and aquaculture play a significant role in the country's economy, particularly in coastal areas, where they serve as a primary source of income, employment, and livelihood. This comes as fisheries provide investment opportunities and a source of trade.

African Export-Import Bank (Afreximbank) has signed a framework agreement to pledge $2 billion to the Export Agriculture for Food Security (ExAFS) initiative.

The Suez Canal Authority (SCA) has inked a memorandum of understanding (MoU) with the Qatari agricultural company Baladna to cooperate in the food security sector, with investments of up to $1.5 billion.

Achieving food security in Egypt necessitates reducing food losses from 20% to 30%.

The OPEC Fund for International Development has provided Egypt with $10 million under a $200 million syndicated trade finance facility with the International Islamic Trade Finance Corporation (ITFC) to support the country’s food security.

Egypt has been facing food security challenges for years as it heavily relies on imported wheat to meet domestic demand. Egypt also imports a good amount of rice and other grains to cover local needs. Russia’s recent withdrawal from the Black Sea grain-export initiative and India's restrictions on rice exports have raised concerns about the future of food security in Egypt. However, the government has already taken steps to secure grain supplies and ensure market stability.

Egyptian Minister of International Cooperation Rania Al-Mashat signed CA$10 million agreement with Canadian Ambassador to Cairo Louis Dumas to enhance food security efforts and combat climate change.

The Egyptian government decided on April 12th to increase the local wheat procurement price by EGP 250 per ardeb (equivalent to 150 kilograms). This 20% increase brought the price of wheat to EGP 1,500 per ardeb for the 2023 season.

Egypt and the European Union (EU) signed a grant agreement worth $40 million provided by the Italian Agency for Development Cooperation (AICS) to enhance food security efforts in the North African country.