Egypt and IFAD sign $65M irrigation deals
Agreements aim to modernize water management across 12,600 hectares and train 2,000 people.
Egypt has signed two agricultural financing agreements totalling US$65.32 million with the International Fund for Agricultural Development (IFAD) to modernize irrigation and boost climate resilience. The majority of the funds, US$64.85 million, will support the CROWN project, aiming to improve water efficiency and farmer incomes across 12,600 hectares.
The CROWN project is expected to benefit approximately 90,000 rural households by modernizing irrigation and drainage systems and promoting climate-smart farming practices. A separate US$470,000 grant for the PEARL project will enhance agricultural expertise in Egyptian institutions through training and digital tools for about 2,000 individuals.
Egypt faces water scarcity with less than 500 cubic meters per person annually, prompting a focus on efficiency rather than supply. The Nile provides over 98% of the country's water resources, making modernization crucial amid population growth and increasing food demand.
Why it mattersEgyptian farmers will benefit from improved irrigation, access to markets, and climate-smart practices, while institutions will gain enhanced agricultural expertise.