Arab Finance: Crédit Agricole Egypt Foundation for Development has signed a new partnership agreement with Samusocial International Egypte, a French non-profit organization dedicated to supporting vulnerable children in street situations in Egypt, as per an emailed press release.

Hosted by the French Embassy in Egypt, the signing ceremony was witnessed by Eric Chevallier, Ambassador of France to Egypt. The agreement was signed by Jean-Pierre Trinelle, Chairman of Crédit Agricole Egypt Foundation, and Géraldine Samir Tawfik, Director and Country Representative of Samusocial International Egypte, in the presence of representatives from both organizations.

Supporting a comprehensive program, the partnership is three-fold: the first focuses on improving living conditions and hygiene at two shelters, the second aims to develop future-ready skills through establishing two computer labs to provide children from five shelters with access to basic digital learning, and the third focuses on supporting early childhood education for children under the age of six, through the provision of appropriate learning environments, educational materials and the necessary support to foster their early development and learning.

Commenting on the partnership, Eric Chevallier, Ambassador of France to Egypt, said: "With this agreement, Samusocial International Egypte and the Crédit Agricole Egypt Foundation deepen their role as architects of opportunity for the most vulnerable, improving living and hygiene conditions in two shelters while expanding access to early childhood education and basic digital skills."

Meanwhile, Jean-Pierre Trinelle, Chairman of Crédit Agricole Egypt Foundation, said: "We believe that every child deserves the opportunity to learn, grow, and develop their potential to have a better future. Our partnership with Samusocial International Egypte reflects our shared commitment to supporting vulnerable children and contributing to social reintegration”.

Géraldine Samir Tawfik, Director and Country Representative of Samusocial International Egypte, stated: “This partnership with Crédit Agricole Egypt Foundation reflects this powerful shared vision of Samusocial. This project will not only provide the shelters with essential hygiene and educational materials for the development of the children; it also contributes to preparing each child in these 5 shelters for this long-term journey of reintegration.”

It is worth noting that the Crédit Agricole Egypt Foundation relationship with Samusocial International Egypte began a few years ago through the sponsorship of “Les Printemps des Artistes, an artistic and charitable event organized annually to help street children and young women in Cairo.

Established in 2017, Crédit Agricole Egypt Foundation for Development is the bank's social development arm, aiming to create lasting positive impact on Egyptian society through sustainable initiatives across four key pillars: health, education, social entrepreneurship, and environment and community development. Through partnerships with specialized organizations, the foundation seeks to improve healthcare, fight poverty, empower youth, and advance environmental protection.